A group of 50 UK Member of Parliament (MPs) and members of the House of Lords has called for a ban on advertising gambling and a limit of EUR2 on all online slots.
They made the call after a year of investigation into the addition related to gambling in the UK
At the report, they have also demanded an overhaul of the UK’s gambling rules and a ban on VIP schemes as well as a review of online deposits and prize limits.
The group stressed the importance of the regulation for the online gambling industry, adding that it is profiteering from the vulnerable people gambling more than they can afford.
It believed that the Coronavirus disease 2019 (COVID-19) had exacerbated the need for protection of the vulnerable to problem gambling behavior.
This is the first time that the UK MPs and members of the House of Lords have publicly called for a ban on all gambling advertisements and an overhaul of the online gambling industry. They said that the Gambling Commission, the industry regulator, is not fit for purpose.
However, the Gambling Commission protested with the group’s assertion and vowed to make gambling safer and reduce the harm of gambling.
Those proposals would be included in a new Gambling Act of Parliament.
At the latest review of the UK Gambling Act, the government issued a ban on betting advertising in television, live sport, and social media.
At present, the gambling industry is significantly growing in the UK. The gross gambling yield in the country rose from GBP8.4 billion in 2011 to GBP14.4 billion in 2018.
According to data released by global public opinion and data company YouGov in June, the overall number of gambling-related consumers had decreased, partly because of a shortage of live sport. However, the number of bets placed, the regular gamblers, and the time waste for online products such as casino and slot games had risen.