Lisa Nandy – who has held the role since July 2024 – makes these comments following proposals by two Labour-backing think tanks pitching the doubling of gambling tax, leading to warnings from the industry and analysts of the detrimental economic consequences.
Addressing Parliament, at a time where trepidation within gambling elevates, Nandy urged the house not to believe everything that they read in the papers, emphasising a desire to “strike the right balance” when it comes to regulation.
She added: “We’re aware of the value of this industry and the importance of it, not just to the UK economy, but to the joy that it brings to many, many people, and the employment prospects that it offers to people in every nation and region of the United Kingdom.
“We are also very aware ..