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    Home » UKGC Giving GambleAware £33m to Help Levy Transition
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    UKGC Giving GambleAware £33m to Help Levy Transition

    By Casino Dada TeamJuly 28, 2023No Comments2 Mins Read
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    Man handing over check

    The UKGC will give £32.8m ($42m) to GambleAware to assist with the transition from a voluntarily funding mannequin to a compulsory levy. [Image: Shutterstock.com]

    The UK Playing Fee (UKGC) is committing £32.8m ($42m) to GambleAware. The regulator stated the “system stabilization fund” will assist the charity correctly handle the transition from a voluntary playing operator funding mannequin to a statutory levy.

    GambleAware goals to stop gambling-related hurt, help individuals who could be affected by habit, and supply remedy choices.

    tackling inequalities that exist within the present remedy mannequin

    The UKGC desires the charity to prioritize sure areas of analysis when utilizing the funds, together with creating an proof base for playing harms. One other key space of focus will probably be tackling inequalities that exist within the present remedy mannequin. GambleAware will element its use of the funds in annual experiences.

    In its latest white paper on playing laws reform, the UK authorities outlined that it plans to introduce a compulsory levy on operators. The present mannequin permits corporations to determine on the quantity of playing yield that they donate to GambleAware yearly.

    Donations will change into obligatory when the white paper advice comes into impact. NHS England, GambleAware, and the Betting and Gaming Council have all welcomed the transition to a compulsory levy.

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