UK Playing Fee unveils a 3-year company technique

The UK Playing Fee (UKGC) has unveiled its newest Company Technique spanning from 2024 to 2027.

Entitled “Playing Regulation in a Digital Age,” this strategic roadmap underscores the Fee’s dedication to implementing the directives outlined within the Authorities’s White Paper, “Excessive Stakes – Playing reform for the digital age.”

Alongside sustaining its foundational regulatory duties, the Fee goals to embark on a sequence of initiatives over the forthcoming three years, specializing in the next strategic pillars:

• Leveraging information and analytics to boost the efficacy of playing regulation.
• Strengthening core operational capacities.
• Establishing evidence-based standards for licensees.
• Proactively addressing points at their inception.
• Overseeing the Nationwide Lottery’s operations successfully.

The technique emphasizes important cross-cutting facilitators, together with a assessment of the personnel technique, an optimized stakeholder engagement method, and guaranteeing the Fee possesses the requisite sources for efficient regulation.

Marcus Boyle, Chair of the Fee, remarked:

Our new three-year technique, ‘Playing regulation in a digital age,’ outlines our pathway to implementing the reforms articulated within the Authorities’s playing white paper and successfully regulating the Nationwide Lottery underneath new stewardship. We’re additionally dedicated to an bold agenda geared toward enhancing the effectivity of our regulatory framework. By establishing a brand new information innovation hub, we goal to harness information intelligently. We’re devoted to enhancing transparency in our operations to raise business requirements and innovatively fight unlawful operators. Our imaginative and prescient is a playing market characterised by equity, security, and freedom from crime, safeguarding each customers and broader public pursuits. This technique is a big step in direction of realizing that imaginative and prescient.

Andrew Rhodes, CEO of the Fee, expressed satisfaction within the Fee’s progress, noting:

Whereas we’ve made important strides lately, the upcoming cycle will see us fulfill key selections made by each the Fee and the Authorities. Our goal is to function the authoritative voice on proof and information, dispelling misinformation, scrutinizing info, and facilitating higher outcomes for the general public. Initiatives like our Playing Survey for Nice Britain exemplify our dedication to embracing new information and insights. Sustaining strong requirements for playing customers is paramount. Collaborating with business stakeholders, we’ll promptly deal with rising points. Moreover, we’ll proceed cross-border cooperation to fight unlawful playing and share regulatory finest practices for collective enchancment.