Gambling Commission: Economic Growth
The question
To ask the Secretary of State for Culture, Media and Sport, what steps the Gambling Commission has taken to ensure compliance with the Growth Duty under Section 108 of the Deregulation Act 2015; and whether she has made an assessment of the potential impact of the Commission's (a) policies and (b) regulatory activities on economic growth.
Answered by Stephanie Peacock
The Gambling Commission is required by its statutory functions to strike a balance between supporting the growth of regulated businesses and providing protection for consumers and society. The Commission’s statement of principles for licensing and regulation includes ensuring that unnecessary regulatory burdens are not placed on businesses, prioritising the least intrusive regulatory tools to achieve compliance and ensuring that any regulatory action is proportionate. It also states that the Commission will have regard to promoting economic growth, insofar as it thinks it is consistent with pursuit of the licensing objectives.
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