The Gambling Commission starts its new Corporate Strategy which will run from 2024 to 2027 and has been named the ‘Gambling Regulation in a Digital Age’.
Gambling Commission Starts New Corporate Strategy
The Commission has expressed a desire to adhere to the decisions made by the Government’s White Paper High Stakes reform and this strategy is the first step in following these rules.
While the Commission continues to operate in its typical format, it will also add a list of new commitments that come under specific sections of focus.
These include, using data and analytics to make gambling regulation more effective, enhancing core operational functions, setting clear evidence-based requirements for licensees, being proactive and addressing issues at the earliest opportunity and regulating a successful National Lottery.
By selecting these areas the Commission has directed its focus to key cross-cutting enablers, which allows for a review of the ‘people plan’ and cementing the correct options to overlook all engagement properly.
Such commitments will mean the overall gambling industry is safer and crime-free for the licensed, general public and gambling residents.
Marcus Boyle, the Commission Chairman, has been very focused on this new strategic plan and feels it will only make the gambling industry safer.
He said: “Our new three-year strategy ‘Gambling regulation in a digital age’ sets out how we will deliver the reforms set out in the Government’s gambling white paper, and successfully regulate the National Lottery under a new licensee”
“We are also setting out an ambitious programme to enhance the effectiveness of our regulation. A new data innovation hub will foster the smarter use of data. We will increase the transparency of our work to raise standards in the gambling industry, and we will be creative in disrupting those who seek to operate illegally.
“I want a fair, safe, and crime-free gambling market where consumers and the interests of the wider public are protected. This strategy will improve gambling regulation and move us closer to that vision.”
Additionally, Andrew Rhodes, the Commission CEO, highlighted how this next step shows the progress made by the Commission in recent years.
He stated: “I am proud of how far the Commission has come in the last few years. We’ve tackled some of the critical issues facing operators and consumers, but the next cycle will involve delivering on some of the key decisions that we and Government have taken.
“Our objective is to be the authoritative voice on evidence and data, to tackle misinformation, delve into the facts, and help bring about improved outcomes for the public. Our Gambling Survey for Great Britain is one example of how we aim to embrace new data and intelligence.
“It is vital we maintain high standards for gambling consumers, working with industry to resolve issues at the earliest opportunity. We will continue to work across borders to tackle common issues like illegal gambling, and to learn and share regulatory best practice.”
