Acting Joint Chief Executive of the Gambling Commission,, Sarah Gardner, focused on vulnerability and gambling during her speech at the Shard Financial Vulnerability Summit 2021
Acting Joint Chief Executive of the Gambling Commission,, Sarah Gardner, focused on vulnerability and gambling during her language at the Shard Financial Vulnerability Summit 2021.
Gardner said: “An come forth that is Florida key to how we tackle gaming harms and reducing lay on the line inwards gambling, vulnerability is a issue that is often perceived quite a narrowly; but it is increasingly existence recognised crosswise many sectors that the circumstances of exposure are composite and unique.”
Referring to statistics, she explained that the boilersuit problem gaming range is 0.4% of the universe inward the UK, spell 0.6% of the universe are at lead risk of exposure of harm and 1.9% at low-toned risk.
Gardner pointed out that none of these statistics “fully account statement for the many other lives, families and communities that are wedged by gambling harms."
The Financial Lives 2020 survey conducted past the Financial Conduct Authority (FCA) showed that 46% (24.1 million people) of UK adults display I or to a greater extent characteristics of vulnerability.
The Gambling Commission defines someone as ‘vulnerable’ when they trust the individual’s personal circumstances is susceptible to play harm. These include poor mental health making someone more likely to receive problem gambling.
Therefore, the Commission is introducing young measures to pee online play products safer by pattern and removing features that could step-up lay on the line of problem gambling.
Gardner said: “We at the Gambling Commission preserve to tie-up ready to work on with and funding others inward this effort, that includes play operators.
“We cognise many gambling firms have had a toughened twelvemonth and tougher decisions to piss to carry through jobs and livelihoods. We testament process with those operators who tread up to piece of work with us.”
Critics of the Commission, however, maintain the regulator does not manage plenty to clamp down pat(p) on malpractice from gambling companies.
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