News Business Operator Contributions to GambleAware Revealed

Operator Contributions to GambleAware Revealed

-

Leading problem gambling organisation GambleAware has released details of the funding contributions made by UK gambling operators over the last six months.  

The charity gathers funds from gambling operators, which it uses to support a range of social responsibility causes, focused mainly on alleviating the harm of problem gambling.  

And according to the official GambleAware figures, GVC Holdings made the most significant contribution to the charity’s causes during the six months ending on September 30, giving £1.46 million to GambleAware during that period.  

Other contributors including William Hill, who recorded a £1 million pledge, with Bet365 donating £868,000 and Grosvenor Casinos, which is owned by the Rank Group, providing separate donations for its land-based and online operators, which amounted to £166,300 in total, adding to the £284,540 donation contributed by Rank’s Mecca Bingo business.  

Lower down the list of contributors, Betway provided £153,500, with BetVictor, Playtech and Praesepe Holdings all committing to donations of £100,000 or more.  

In total, the money donated to GambleAware over the period amounted to £5.4 million, though this figure does not include ad hoc donations or contributions made as a result of regulatory action.  

GambleAware asks operators in the UK market to make a minimum contribution of 0.1% of their annual gaming yield, though businesses with revenue lower than £250,000 can make a smaller minimum donation of £250. UK operators have been criticised for their lack of support for GambleAware and during the financial year 2018-19, voluntary donations fell short of the £10 million that the charity had asked for from operators.  

As a result, five of the UK’s leading online betting operators, SkyBet, Bet365, William Hill, Paddy Power Betfair and GVC Holdings all agreed to raise the rate of their annual contribution to 1% of gross gaming revenue within the next five years.  

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

UKGC Focus on Safer Gambling

The UK Gambling Commission (UKGC) has announced new initiatives this week to help bring about higher gambling standards.

Washington State Considers Sports Betting Options

Sports betting could be on its way to the US state of Washington in 2020, with two bills...

Maine Sports Betting Veto Challenged

Campaigners hoping to bring sports betting the US state of Maine have another chance to achieve their aims...

New Swedish Match Fixing Proposals

Sweden’s gambling regulator Spelinspektionen has announced proposed new rules that are designed to tackle the threat of match-fixing in Swedish sport....

Polish Gambling Revenue Rises

The gambling industry is thriving in Poland, according to the latest figures, but concerns remain over the extent...

Aussie Bookmaker Announces Bushfire Donations

Independent Australian bookmaker Fitzdares has announced that all its profits from the Australian Open this year would be donated to...

Must read

You might also likeRELATED
Recommended to you