Latest News
UK Gambling Commission Launches Gambling Harms Action Lab
The UK Gambling Commission has launched its Gambling Harms Action Lab (GHAL). Proposed back in 2019 as part of its National Strategy to Reduce Gambling Harms, the new initiative aims to shape how financial institutions can help address problem gambling.
Speaking at the lauch Tim Miller, executive director of the Gambling Commission, said financial services providers could collaborate with the gambling sector and play a key role in achieving a more holistic response to gambling harm.
“You need a range of perspectives to truly understand the complexities of gambling harms. Financial services providing access to their anonymised consumer data has allowed us to work with Warwick Business School to start building that much richer understanding of how harms develop and how they can be addressed,” he said.
“Money and Mental Health have already played a vital role in helping to encourage the involvement of the financial services industry in this vital area of consumer protection work. The Gambling Harms Action Lab will help to bring some structure and focus to those collaborative efforts. And that focus will be important.”
Over the next three years, the GHAL aims to give structure to how the financial sector helps tackle problem gambling. That will include meetings with people with lived experiences of problem gambling to develop strategies.
Miller said: “To those in the room today that are from the financial sector my message to you is, you may not be the cause of gambling harm but you have an amazing opportunity to be part of the solution. To work collaboratively to find creative ways of better protecting gambling consumers, consumers who are also your customers. So please, do not miss your chance to help make gambling safer.”
-
Africa4 days ago
Altenar obtains National Manufacturer licence in South Africa
-
Industry News2 days ago
Pennsylvania Skill, powered by Pace-O-Matic, congratulates PA Gaming Control Board and casinos on a banner 2024 with record monthly revenue
-
Asia5 days ago
Government support, medals, and global recognition define a landmark year for Indian esports and video gaming in 2024
-
Latest News2 days ago
FBM Foundation spreads holiday cheer with initiatives in Brazil and the Philippines
-
Australia3 days ago
AUSTRAC Takes Ladbrokes and Neds’ Operator – Entain – to Federal Court Over Serious Non-compliance with Australia’s Money Laundering Laws
-
eSports4 days ago
GRID Joins IBIA as an Associate Member, Strengthening Esports Integrity
-
Australia5 days ago
Regulating the Game 2025 adds masterclass on safer gambling training and customer care
-
Interviews4 days ago
FTDx Wins Xanada Startup Contest: Unlocking Untapped iGaming Traffic with Innovative Monetization Solutions