"Ministers say they are worried about the risks stemming from the unlicensed market, such as companies not following laws and guidelines aimed at protecting customers. These include mandatory financial vulnerability checks and responsible advertising. The government also warns a lack of data protection measures can leave people open to fraud and identity theft and that unlicensed betting has been linked to organised crime."
"Announcing the forthcoming consultation, Culture Secretary Lisa Nandy said people placing bets "deserve to know the sites they're using are properly regulated, with the right protections in place". She added: "It's not right that unlicensed gambling operators can sponsor some of our biggest football clubs, raising their profile and potentially drawing fans towards sites that don't meet our regulatory standards.""
UK ministers plan to ban gambling firms without UK licences from sponsoring sports teams, including Premier League clubs, to reduce consumer harm and criminal exposure. The move targets operators that may ignore laws and guidelines such as mandatory financial vulnerability checks and responsible advertising. The government warns that weak data protections enable fraud and identity theft and that unlicensed betting has links to organised crime. A consultation on the proposals will be launched this spring. The Gambling Commission previously warned clubs over ties to TGP Europe after finding failures in partner checks and breaches of anti-money-laundering rules.
Read at www.bbc.com
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