Ethics
The question
To ask the Secretary of State for Culture, Media and Sport, what assessment she has made of the effectiveness of financial penalties for social responsibility failings in acting as a deterrent.
Answered by Ian Murray
Financial penalties are one element of the Gambling Commission’s regulatory toolkit. Action taken by the Gambling Commission is based on the need to gain compliance from gambling operators with the Licence Conditions and Codes of Practice at the earliest opportunity. If breaches occur, financial penalties may be imposed.
Since 2016/17, the Commission’s enforcement action has resulted in over £215 million in fines and regulatory settlements. As a result of the Commission’s compliance and enforcement work, in the last three years there have been fewer instances of extreme failings at gambling operators. However, the Commission continues to address any non-compliance through use of its enforcement powers and will continue to do so wherever necessary.
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