hush-money scandal<\/a> after it had allowed a criminal to gamble.<\/p>\nThe bookmaker had agreed to repay almost \u00a31 million to victims of a gambling addicted fraudster, Tony Parente, who had lost the money at Ladbrokes, but only if all parties agreed to sign an NDA promising not to tell the gaming regulator about the incident.<\/p>\n
Harris said the UKGC had showed itself to be \u201cnot fit for purpose\u201d and \u201ccomplicit in what is actually abuse \u2013 of power and of individuals\u201d by not acting against Ladbrokes.<\/p>\n
Meanwhile, a spokesperson for the UKGC told The Guardian<\/em> it was \u201cdisappointed\u201d that Monday\u2019s report had been published before the regulatory body been given the chance to offer evidence.<\/p>\n\u201cThe report does not reflect our considerable action and progress on most of the areas of concern set out in the report, and we look forward to being given the chance to outline that work to the APPG,\u201d the spokesperson said.<\/p>\n
British Prime Minister Boris Johnson is understood to be sympathetic to the idea of imposing tighter regulations on the gambling industry.<\/p>\n","protected":false},"excerpt":{"rendered":"
A group of influential British politicians has proposed the most radical overhaul of the country\u2019s online gambling laws in 15 years. Among the recommendations of an all-party group (APPG) studying \u201cgambling-related harm\u201d is that online slots are given the same treatment as fixed-odds betting terminals, and that maximum stakes should be slashed to \u00a32 ($2.58). […]<\/p>\n","protected":false},"author":36,"featured_media":118807,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[61,13592],"tags":[],"acf":[],"yoast_head":"\n
UK Lawmakers Want to Slash Online Slots Max Stakes to \u00a32<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n