Close Menu
    Facebook LinkedIn YouTube WhatsApp X (Twitter) Pinterest
    Trending
    • IdeaSpark Revolver S titanium screwdriver on Kickstarter
    • From eggs to avocados – Germany’s Orbem raises €55.5 million for AI-powered MRI expansion
    • 7 Best All-Clad Deals From the Factory Seconds Sale (2026)
    • Americans worry sports betting hurts integrity even as participation keeps rising
    • Best Home Ellipticals in 2026: Smash Your Health Goals With These Full-Body Workout Machines
    • From Vietnam Boat Refugee to Reliability Engineering
    • Does Calendar-Based Time-Intelligence Change Custom Logic?
    • The UK government is backing AI that can run its own lab experiments
    Facebook LinkedIn WhatsApp
    Times FeaturedTimes Featured
    Tuesday, January 20
    • Home
    • Founders
    • Startups
    • Technology
    • Profiles
    • Entrepreneurs
    • Leaders
    • Students
    • VC Funds
    • More
      • AI
      • Robotics
      • Industries
      • Global
    Times FeaturedTimes Featured
    Home»News»BGC boss Hurst downplays gambling harm, calling at-risk individuals a small minority
    News

    BGC boss Hurst downplays gambling harm, calling at-risk individuals a small minority

    Editor Times FeaturedBy Editor Times FeaturedOctober 29, 2025No Comments5 Mins Read
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Telegram Email WhatsApp Copy Link


    Betting and Gaming Council (BGC) chief, Grainne Hurst, referred to these susceptible to playing harms as a small minority.

    Hurst made the assertion while giving proof to the Treasury Choose Committee as a part of a session on how playing needs to be taxed in gentle of the looming British Budget 2025 announcement in November.

    Hurst was requested repeatedly in regards to the forms of social hurt playing can deliver, and on a number of events, the BGC chief denied that the trade is “accountable” for these harms.

    BGC chief denies the playing trade is at fault

    The Treasury Select Committee was broadcast stay on YouTube and featured a variety of MPs and panelists discussing the subjects of playing, taxation, and social dangers.

    Dame Meg Hillier MP, chair of the session and the committee, launched inquiries to each Hurst and Stephen Hodgson, Chair of the Tax Committee on the BGC.

    All through the questioning, Hurst repeatedly performed down the influence that playing has on folks susceptible to falling into hurt, referring to their quantity as a “small minority.”

    “We all know that 72% of shoppers from the Playing Fee zone survey say that they do it as a result of it’s enjoyable. However rightly the trade is taking extra measures to ensure that the small minority of people who find themselves in danger mitigate these harms,” mentioned Hurst.

    Dame Hiller was direct in addressing the problem of analysis that went into Hurst’s place, saying, “Can I simply be clear. Have you ever bought any unbiased proof supporting this place? That it’s not the trade creating social ills. It’s simply the folks, and the way they how people select to work together with it (playing).”

    Hurst mentioned, “In order that’s not what I’m saying. I’m saying that the trade has a job to play in ensuring that we mitigate any hurt that might be induced.”

    After the looks, a BGC spokesperson advised ReadWrite: “The BGC takes the problem of playing associated hurt extremely severely.

    “Our CEO, Grainne Hurst, was clear all through the session that the trade recognises playing may cause hurt and has a job to play in mitigating it. The BGC’s precedence stays elevating requirements, selling safer playing, and defending customers.”

    MPs press Hurst on evidence-led place

    John Grady MP for Glasgow East posted his inquiries to X. They included his response to Hurst that challenged the betting chief’s views on the analysis that went into her place on social harms and that the trade was not at fault.

    I commonly see the horrible monetary and emotional hurt that on-line playing causes.

    The trade have to be regulated and taxed to make sure that people are protected and that the net playing trade pays its fair proportion. My query at the moment @CommonsTreasury 👇 pic.twitter.com/OgEMLiJMYV

    — John Grady MP (@johnadgrady) October 28, 2025

    “I see horrible hurt in my constituency with folks stepping into debt,” he mentioned when Hurst denied the dangers of social hurt. “You may’t level to any peer-reviewed proof to help this place?” he aimed toward Hurst.

    “There are affordability checks coming into drive to make sure that clients are higher protected. There’s a variety of measures that the trade is doing, which is correct for the trade to do,” concluded Hurst on the social hurt matter.

    Ex-Paddy Energy co-founder has ‘large regrets’

    Earlier within the session, MP for Earley and Woodley, Yuan Yang questioned the ex-Paddy Energy co-founder, Stewart Kenny, alongside Carsten Jung, Interim affiliate director for financial coverage and AI at Institute for Public Coverage Analysis, and Dr Theo Bertram, Director at Social Market Basis.

    Stewart Kenny, one of many co-founders of Paddy Energy, advised me on the Treasury Choose Committee at the moment that he regrets many elements of the trade that he as soon as led. (1/4) pic.twitter.com/fcCOBxkPkj

    — Yuan Yang (@YuanfenYang) October 28, 2025

    She mentioned, “A correct tax on on-line slots and predatory practices would increase cash whereas additionally combating downside playing.”

    Kenny responded: “There’s two methods of seeing whether or not a product is very addictive. How fast is it between funding and end result and the way rapidly
    are you able to repeat the dose?”

    “I’ve large regrets and however I’m nonetheless a believer within the playing trade being a part of the leisure combine.”

    The betting world is bracing for the Price range 2025 announcement in early November and among the subjects mentioned and the important thing speaking factors round Hurst’s views will take centre stage within the Treasury Committee report.

    Dame Hiller concluded the session saying “we’ll think about how we report back to the Treasury, I’m positive they may have been tuning in to the dialogue.”

    UPDATED: Assertion from the BGC added on October 29, 2025.

    Featured Picture: UK Parliament

    The submit BGC boss Hurst downplays gambling harm, calling at-risk individuals a small minority appeared first on ReadWrite.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Editor Times Featured
    • Website

    Related Posts

    Americans worry sports betting hurts integrity even as participation keeps rising

    January 20, 2026

    UK Gambling Commission suggests Meta could be turning a ‘blind eye’ to illegal gambling ads

    January 20, 2026

    UK Gambling Commission receives judgment in gambling bosses court case

    January 20, 2026

    Former NHS manager jailed for £123,000 gambling fraud

    January 20, 2026

    Nevada files to block Polymarket from offering ‘unlicensed wagering’ in the state

    January 20, 2026

    Tennessee’s only licensed sportsbook shuts its doors, thanking users for their play and loyalty

    January 20, 2026

    Comments are closed.

    Editors Picks

    IdeaSpark Revolver S titanium screwdriver on Kickstarter

    January 20, 2026

    From eggs to avocados – Germany’s Orbem raises €55.5 million for AI-powered MRI expansion

    January 20, 2026

    7 Best All-Clad Deals From the Factory Seconds Sale (2026)

    January 20, 2026

    Americans worry sports betting hurts integrity even as participation keeps rising

    January 20, 2026
    Categories
    • Founders
    • Startups
    • Technology
    • Profiles
    • Entrepreneurs
    • Leaders
    • Students
    • VC Funds
    About Us
    About Us

    Welcome to Times Featured, an AI-driven entrepreneurship growth engine that is transforming the future of work, bridging the digital divide and encouraging younger community inclusion in the 4th Industrial Revolution, and nurturing new market leaders.

    Empowering the growth of profiles, leaders, entrepreneurs businesses, and startups on international landscape.

    Asia-Middle East-Europe-North America-Australia-Africa

    Facebook LinkedIn WhatsApp
    Featured Picks

    LLaVA on a Budget: Multimodal AI with Limited Resources

    June 17, 2025

    We’re Covering Cyber Monday Live—Because Today Is A Very Fine Day To Shop the Internet

    December 2, 2025

    The Best Over-the-Counter Sleep Aids (2025), Tested and Reviewed

    December 31, 2025
    Categories
    • Founders
    • Startups
    • Technology
    • Profiles
    • Entrepreneurs
    • Leaders
    • Students
    • VC Funds
    Copyright © 2024 Timesfeatured.com IP Limited. All Rights.
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us

    Type above and press Enter to search. Press Esc to cancel.