Prize Money
The question
To ask the Secretary of State for Culture, Media and Sport, whether she plans to bring forward secondary legislation to regulate large-scale commercial prize draws.
Answered by Stephanie Peacock
Large scale commercial prize draws are a significant and growing market. Whilst not regulated as a gambling product under the Gambling Act, we want people who participate in large scale commercial prize draws to be confident that proportionate protections are in place. Independent research was commissioned in 2023, looking at possible gambling harm and assessing the impact of potential regulation, and will inform our policy considerations. The department is grateful for the voluntary action taken so far by the sector to act transparently and apply player protection measures. We want to ensure high standards in this area and the Minister for Gambling will be meeting the sector to discuss this work.
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