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Home » Labour Party Deputy Leader Tom Watson Once Again Calls For Mandatory Levy For Gambling Companies
Labour Party Deputy Leader Tom Watson Once Again Calls For Mandatory Levy For Gambling Companies
Labour Party Deputy Leader Tom Watson Once Again Calls For Mandatory Levy For Gambling Companies
Europe

Labour Party Deputy Leader Tom Watson Once Again Calls For Mandatory Levy For Gambling Companies

Deputy leader of the UK’s labour party, Tom Watson, once again called for imposing a mandatory levy on gambling firms in the country. Watson has been vocal against the rising gambling addiction in the UK and has been a strong proponent of increased restrictions on gambling and gambling companies.

Last month, Watson called for creating a gambling Ombudsman to protect the customers. The Labour party leader has also demanded a review of licenses of all online gambling operators in the UK who gained their gambling licenses before 2014. He said that it would help in making operators more responsible and also would weed out operators that lack professional and social integrity.

However, the UK Gambling Commission rejected Watson’s demand for reviewing licenses. UKGC Chief Executive, Neil McArthur, said that the review of licenses of online gambling operators is not necessary as the licenses are subject to regular risk assessment and for those which have been failing to comply there has been strict scrutiny of such operators.

Addressing the Commons on Tuesday, Watson said that “The gambling market is broken and it’s up to the government to fix it.We don’t just need a voluntary patch, we need a full overhaul of the rules and regulations.”

In his statement in the parliament Watson also said that “While we all want a healthy gambling industry that makes an important contribution to the economy, we also need one that does all it can to protect those that use it.”

About the author

Utsav Kumar

Utsav Kumar

With a masters in literature and passionate about evolving technologies, Utsav has been covering the latest from the world of Blockchain, Artificial Intelligence, and AR for several online and print publications. He strongly believes that these evolving technologies have immense potentials to redefine existing online gambling infrastructures and can dramatically improve standards of customer protection. Utsav covers mostly compliance updates and other latest technical developments that impact the global casino and gambling industry. He can be reached out at [email protected]

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