The Gambling Commission is under fire for keeping the identity of troubled companies secret in return for charity payments
The gambling watchdog has put 38 failing betting firms into special measures in the past five years under a secretive regime that prevents the companies being identified.
Betting firms can avoid formal action by the regulator by offering to pay any profits made from regulatory failings to good causes. Since 2020, the payments agreed with the Gambling Commission have totalled about £2m, compared with total betting revenues in Britain of about £15.6bn, to March 2024.
The Gambling Commission has been challenged over the arrangement for acting like a “protective bubble” for the betting industry.
