October 23, 2019 0

Donations from British gambling operators amounted to £ 5.4 million for six months

Donations from British gambling operators amounted to £ 5.4 million for six months

GambleAware is an independent organization aimed at increasing the level of responsibility in gambling. It provides people with various kinds of information related to solving problems in the field of gambling.

GambleAware was created and run by the Responsible Gambling Trust, a national charitable organization that collects from the UK gambling industry as a voluntary donation of £ 5 million annually and directs these funds to science, education and research funds.

GambleAware, a charitable organization funded by British gaming operators, received about £ 5.4 million for the first half of 2019. Despite the increase in revenue, according to representatives of the organization, this is not enough.

The amount of subsidies for the whole last year amounted to £ 9.6 million. The goal of GambleAware is to receive from licensed participants in the British market at least 0.1% of profits as donations. However, the industry has not yet been able to reach this indicator. Not the least role in the current situation is played by a situation hostile to gambling operators. Presumably, further tightening of the working conditions of companies will have a negative effect, including on the volume of voluntary contributions. The British company GVC Holdings was the largest contributor, having donated £ 1.4 million to GambleAware. The amount is equivalent to the company’s last year donation. World-famous betting company William Hill is also stable and donated £ 1 million, just like last year. Following the leaders, the online betting giant Bet365 donated £ 868 thousand, and the Rank Group through its subsidiaries Grosvenor Casinos and Mecca Bingo – £ 284.5 thousand. Betway (£ 160 thousand) and BetVictor (Large £ 153 thousand). But the Flutter Entertainment company, which donated £ 445 thousand last year, did not get into the top benefactors this year. The total amount of £ 5.4 million is presented excluding funds received during the imposition of penalties on two operators – LeoVegas (£ 600 thousand) and GameSys (£ 690 thousand). The fines were issued by the UK Gambling Commission (UKGC) for various regulatory violations.

British gambling operators donated £ 5.4 million. Despite GambleAware requirements, many operators contribute far less than the expected minimum. So, several companies have distinguished themselves by listing only £ 1. Recall that in the UK a new strategy was developed to study the degree of harm from gambling.

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