iGaming Industry
UK: Labour Party plan to impose gambling addiction levy
Betting operators have been warned they could have to pay a compulsory levy to fund the treatment of problem gamblers under new plans announced by Labour on Tuesday.
The party’s deputy leader Tom Watson used his speech to the Labour conference in Brighton to unveil the policy, as well as a review into the NHS’ ability to deal with gambling addiction.
Both the Association of British Bookmakers and Remote Gambling Association said they were not opposed in principle to a statutory levy.
Watson, who also renewed his call for a ban on gambling advertising on football shirts, told delegates a Labour government would “finally confront problem gambling” and “introduce a compulsory levy” to pay for its treatment.
He accused some gambling companies of “targeting our poorest communities”, while also claiming some operators were using data to “deliberately target low-income gamblers and people who have given up gambling”.
He went on: “Gambling addiction is an illness and it is about time it was taken seriously.”
Together with shadow health secretary Jonathan Ashworth, Watson said he was launching “a thorough review of gambling addiction in this country and current provision for treatment on the NHS“.
He added: “Our review will look at how to best fund NHS treatment and help free problem gamblers from the destructive cycle of addiction.”
Problem gambling charity GambleAware brought in a record £8 million in 2016-17 from voluntary donations from the industry, but that was still 20 per cent short of its target.
It has been calling for operators to donate 10p from every £100 of their profit to fund its work.
“My message to gambling firms today is clear: stop targeting vulnerable people. Start acting properly. And meet your obligation to help those whose lives have been blighted by addiction.You can do it now, because it’s the right thing to do. Or you can wait for the next Labour government to do it for you.” – said Watson.
Reacting to the news, GambleAware said it welcomed the increased focus on the harm gambling can cause: “Gambling addiction is a recognised mental health condition, but treatment is not available on the NHS. We are woefully short of the funding needed to treat all problem gamblers in the country. We need the support of GPs, social workers, citizens advice and teachers before we can even come close to treating all those in need.”
The ABB said it would support Watson’s review if it facilitated an evidence-based approach to problem gambling: “We also would not oppose an appropriate, compulsory levy on the gambling industry to fund problem gambling treatment, as we have long argued that the gambling industry needs to work together to reduce the number of problem gamblers and address the fact that most problem gamblers move between different forms of gambling.” – stated the ABB.
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Source: EEGaming.
BetConstruct, a global leader in the iGaming industry, is going to showcase its cutting-edge solutions at the highly anticipated Global Gaming Expo (G2E), taking place from October 7-10.
As the premier event for the global gaming industry, G2E serves as a hub for innovation, driving growth by bringing together industry professionals from around the world to foster business opportunities.
Taking place at The Venetian Expo in Las Vegas, this all-in-one event features both an education program from October 7-10 and an expansive expo hall running from October 8-10.
BetConstruct’s stand is 5230, where the team will showcase an exciting range of products, including the newly launched the Last Battle, a novel loyalty system that is the byproduct of BetConstruct’s commitment to innovation. The company will also demonstrate its comprehensive Sportsbook and Casino Suite, along with DECA, its next-level decentralised casino platform, and Umbrella, an AI-powered risk management solution. These offerings are designed to meet the needs of a diverse range of operators, ensuring seamless and engaging experiences for players across the regulated market.
Amusnet has announced its participation in the 23rd edition of G2E Las Vegas (Global Gaming Expo) at The Venetian Expo from October 7-10. As one of the largest expos globally, G2E provides a platform for the company to showcase products across its Online Casino, Live Casino, and Land-based verticals, positioning Amusnet as a prominent all-casino provider in the competitive iGaming industry.
“We are excited to attend G2E Las Vegas 2024 to present our latest online casino portfolio and Type S slot cabinets: our first-ever product series for Land-based casinos, designed to offer a competitive edge by combining Amusnet’s top-notch game portfolio with an immersive player experience. Our focus is on delivering solutions that maximize performance and cater to the evolving needs for both online and land-based casinos,” said Borislav Marinov, Head of Business Development, Land-based, at Amusnet.
Alongside its technical excellence, the premium Type S series showcases the company’s award-winning titles, including 20 Golden Coins, Extra Crown, Fruits & Gold, and Cocktail Rush. It also features Amusnet’s popular four-level bonus game, Jackpot Cards, along with other exciting features like Free Spins, Buy Bonus, Pick Me Bonus, and Symbol Upgrade.
Amusnet will host an activation featuring its premium slot cabinets at the upcoming expo, offering attendees the opportunity to experience the thrill of Type S in real time and win exciting gifts.
SoftGamings, the market leader in iGaming solutions and services, announced the arrival of the Tobique Gaming License on the market. The move reflects the company’s commitment to enhancing regulatory compliance and expanding its footprint in the competitive iGaming industry.
Tobique Gaming, managed by the Tobique First Nation in western New Brunswick, Canada, oversees the issuance of online gambling licenses through the Tobique Gaming Commission (TGC) — a regulatory body established under the Tobique Gaming Act of 2023. This initiative is known for its stringent standards and emphasis on responsible gaming. Furthermore, it promotes economic development within the Tobique First Nation community.
The Tobique Gaming license provides operators an entry point into the online gaming and gambling industries. With it, businesses and iGaming operators can conduct operations in various global regions and offer multiple services, from betting to casino games and lottery promotions. The best of all is the streamlined application process, which lasts only 4 to 6 weeks.
SoftGamings is fully prepared to support clients and those interested in obtaining this license. Leveraging its innovative technology and diverse game portfolio, SoftGamings is ready to support clients in navigating the application process and leveraging the benefits of the Tobique Gaming License. The company’s comprehensive services include game development, casino management systems, and payment integrations, making SoftGamings a preferred partner for numerous operators and developers worldwide.
Consequently, helping the clients obtain the Tobique Gaming license and being an entry point represents a significant milestone in SoftGamings’ ongoing efforts to refine its service offerings, maintain the highest standards of gaming integrity, and bolster its regulatory standing. As the company moves forward with this licensing process, it anticipates a positive impact on its operations and continued success in delivering exceptional gaming solutions to its global clientele.
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