Gambling Commission to take serious action against Entain
Recently Entain was penalized by Gambling Commission and had to pay 17 million pounds for not operating under the laws of the UK.
Even though a fine worth 17 million pounds is a big amount, Will Prochaska from Gambling with Lives stated that the GC needs to think of new methods to punish Entain.
According to Andrew Rhodes, the CEO of Gambling Commission, Entain might lose its license in the United Kingdom for breaking some of the rules of the region.
“We think that measures taken against Entain are good, but there is more that needs to be done. 90% of the industry’s revenue is generated from 5% of clients who are addicted to wagering, so there is a systemic issue in the industry and payment is not going to solve anything.”
Later he added that they have belief in the business, taking into account GC payments easily as the prices of business, and as long as the working licenses are canceled, they have not made changes in their business model.
Statistically more than one million gamblers in the United Kingdom are addicted to wagering and because of that they commit suicides, which is big problem in the country.
“When in September Liz Truss or Rishi Sunak take on the role of the new PM, they need to immediately issue the Gambling Act Review.”
It is important to note that the publication date of the Review was pushed back as a result of Boris Johnson’s resignation