Media, Sport & Entertainment: Not so Vegas
The Gambling Act has finally received Royal Assent, but its provisions have thrown up more questions than answers. Some argue that the industry is still subject to too much regulation while others protest that the Act has allowed far too great a number of concessions. Hilary Stewart-Jones explains why the Act has so far fallen short of expectations
When the Gambling Act eventually received Royal Assent on 7 April this year, the response of the industry was mixed. The Act represents a severe disappointment for those who had supported chairman of the Gambling Review Body Sir Alan Budd’s vision of a deregulated industry. Essentially, this view was that provided criminal elements were excluded and the vulnerable protected, the industry should be allowed to proliferate as much as the free market desired. For those anti-change lobbyists – not only church groups and Daily Mail readers, but some existing industry players – the Act has granted too many concessions.
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