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The National Casino Industry Forum (NCIF) is on the spot for allegedly influencing the findings of the Institute of Economic Affairs (IEA). This forum confirmed having donated a whopping £8,000 to the said institution. This move has been hailed by many as having been done to skew its research findings.

IEAAs per the conclusions of the Institute of Economic Affairs (IEA), there is no longer need for the current restrictions on the number of casinos to be in force. This report has further urged the various authorities and municipalities to allow the mid-sized cities and towns to allow more casinos to be opened within their jurisdictions.

These allegations were brought to the fore by the Guardian newspaper. This newspaper unearthed a more or less similar incident earlier on. This particular incident concerned pitted a group of US investors who had farming interests.

It is stated that the Institute of Economic Affairs (IEA) organized a meeting between these investors and the then Brexit Minister Steve Baker. This meeting lasted an hour and supposedly resulted in the said investors having their way.

The members of the public and the various stakeholders in the gambling industry did not take these revelations kindly. They questioned the validity of the research findings and even went ahead to demand that appropriate investigatory measures be taken.

These calls have indeed yielded fruit. Two agencies have stepped in to unearth the scandals. The Charity Commission and the government’s lobbying watchdog have particularly stepped in. The former is currently investigating whether the said institution breached any charity’s codes of conduct whereas the latter wants to know whether the Institute of Economic Affairs (IEA) overstepped its mandate as an educational charity.

Even with these stern measures, the Institute of Economic Affairs (IEA) remains undeterred. It insists that its activities have been above board. It further states that many people did indeed have access to its research and that no such access had any bearing on the final draft. It delivered these responses via its director, Mark Littlewood.

Several institutions and leading figures have voiced their concerns in response to these developments. The local Labour Party has accused the Institute of Economic Affairs (IEA) of engaging in underhand deals. In particular, the party has revealed that the body had been engaged in extensive lobbying and other political campaigns activities. These, the party started, overstepped its mandate as ‘educational charity.’

UK’s leading multinational, BP, reiterated its commitments to quality research work. It defended its engagements with the Institute of Economic Affairs (IEA). It further stated that it is merely interested in furthering its viewpoints of various issues at hand. It denied any culpability in the report’s findings.

Lastly, the National Casino Industry Forum (NCIF) has also denied any attempt to skew the final outcomes of the just-released research findings. It also defended its opposition to the planned extensions of the areas that are eligible for increasing the numbers of their casinos from 53 to 56. It also expressed concerns that the exchequer could be losing around £30 million a year in the form of gaming duty due to unused or underutilized licenses.

 

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The United Kingdom has moved in to rein in on the gambling menace in the country. This is to make the activity and the industry more secure to the consumers. To achieve this aim, the commission has instituted a raft of stringent measures.

UK GamingThese include imposing an 8-week ultimatum for gambling companies that violate the stated rules to resolve any disputes. The gamblers will also be capable of withdrawing their outstanding balances much easier than they can at the moment.

Other than these regulations, the Gambling Commission shall also fine any betting firm that breaches the stated codes of conducts. These include deliberately targeting small children, exaggerating facts, furnishing half-truths to the potential consumers, and making gambling look less critical than it truly is.

All these new regulations shall begin operational officially from the 31st October 2018. The gambling operators shall further witness more proactive measures governing the failures of any advertisements by third parties and for bombarding consumers with unsolicited messages.

These crackdowns follow an open consultative forum that brought together the Gambling Commission and the Competitions and Markets Authority. This joint consultative forum was put in place to come up with a methodology that will see to it that the gamblers receive fair, safer, and more transparent treatments from the gambling businesses.

This was put in place way back in 2016 and completed its mandate in June in 2017. As soon as the committee came up with its findings, it started cracking down on errant gambling operators. These are those that were suspected to have violated the gambling advertising policies.

Neil McArthur, the Chief Executive Officer of the United Kingdom Gambling Commission, argues that protecting the interests of consumers is a sacred goal that has to be achieved at all costs. He further insists that the gambling operators have also to follow suit to see this become a reality.

He also held the view that the new alterations in the regulatory framework are designed to enhance the security and protection of the customers. These are mainly from misleading promos to irresponsible advertising campaigns that many a dishonest operator utilize.

Shortly thereafter, a number of gambling companies came out to state their stand on the new regulations. William Hill, PT Entertainment, Ladbrokes, and BGO Entertainment issued their stands at various times. They were unanimous in stating that they shall alter their bonus regimes and regulations to make them as realistic as possible. This is to forestall the likelihoods of misleading clients.

These issues it is hoped shall quell the discontent that has arisen from the British public. Most have complained of the high number of adverts that bombard the airwaves and the cyberspace. Other than these, most local Members of Parliament have also expressed dissatisfaction with the increased rates of gambling in the nation.

According to this group, gambling addiction is a disease, just like any other. It is thus to be treated as a public health issue. The gambling operators thus, according to them, ought to be slapped with stern restrictions on the manner in which they present gambling to the masses and potential consumers.

 

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