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UKGC Allocates £9M Emergency Fund to GambleAware

By Rebecca Latios - Contributor
6 months ago

The UK Gambling Commission has transferred £9 million in penalties to charities to help fund research and treatment of problem gambling mid the COVID-19 pandemic. The money was directly allocated to GambleAware, the charity in charge of delivering the National Strategy to Reduce Gambling Harms. GambleAware will distribute the funds to its partner network.

The UKGC and GA are putting a lot of effort the treatment of problem gambling, especially considering new circumstances caused by the lockdown. The donation has been secured from industry settlements accounting for penalty charges on social responsibility, customer interaction, and money laundering failings.

“Through the use of regulatory action to prevent harm, such as the ban of credit for gambling, alongside the use of regulatory settlements to support treatment services, the Commission is taking wide-ranging action to address the additional risk of harm that may come from Covid-19,” stated William Moyes, Chairman of the Gambling Commission.

Marc Etches, CEO of GambleAware, said: “These funds will enable us to provide greater security around the funding of the National Gambling Treatment Service, and help keep people safe from gambling harms.” GambleAware, due to the coronavirus and social distancing recommendations, is now offering online counseling and support as well.