The body has stated that it is committed to working with the new cabinet to deliver a ‘world class’ betting and gaming industry, following Labour’s landslide victory.
Prior to yesterday’s vote, Labour pledged to ‘drive up’ standards on responsible gambling, with its manifesto envisioning working closely with the industry to secure the UK’s number one spot as the leading betting and gaming market.
The changes are largely being driven by the Gambling Act White Paper, which was published in 2023 – also highlighting the need to tackle problem gambling and gambling-related harm, which Bacta has more than once stated will put the industry on the right footing to drive economic growth.
Currently, the regulated betting and gaming market generates £4.2bn in tax and puts in £7.1bn into the national treasury, supporting some 110,000 jobs in today’s economy.
P..
