Gaming sector specialist, Steve Donoughue, proposes that the Tory triumph in the recent election could be a positive development for UK gambling.
Donoughue observes that although the political climate has been largely unfavorable towards the gambling industry in the wake of the Fixed-Odds Betting Terminals (FOBTs) controversy, he feels a Conservative majority is the more desirable result.
In contrast to Labour, who have frequently supported tighter gambling controls, Donoughue contends that the Conservative emphasis on Brexit will prevent them from excessive regulation of the gambling sector.
“With Boris Johnson securing the largest Conservative majority since 1987, and Jeremy Corbyn leading Labour to their poorest showing since 1935, this must be interpreted as favorable news for the UK gambling industry,” he remarked to Gambling Insider magazine.
“It’s not a moment for extravagant celebrations, more a subdued gathering with no refreshments and everyone eager to depart. Due to the clumsy manner in which the major operators managed FOBTs, virtually every Member of Parliament is now dubious about gambling.
“However, what we currently have is a Conservative administration concentrated on Brexit for the foreseeable future and, assuming they can avoid selecting a Gambling Minister susceptible to influence by alarmist rhetoric, we should be able to navigate through.”
Donohoe conveyed his opinion that the establishment of the Betting and Gaming Council is a very optimistic indicator for the gambling sector. He posits that under the guidance of the new Chair, Baroness Brigid Simmonds, and Chief Executive Michael Dugher, the sector will avoid further difficulties.
“The appointment of such a respected Chair as Brigid Simmonds and a Chief Executive with the experience of Michael Dugher, a former Labour MP, is excellent news for the Betting and Gaming Council,” Donohoe stated.
“Both possess a strong understanding of Westminster’s operations, are adept political strategists, and demonstrate exceptional competence. Therefore, with a relatively balanced government and a skilled team leading the industry’s association, we can hope to see an end to self-inflicted setbacks. Naturally, we cannot anticipate any preferential treatment until the industry has improved its public image, but there is hope for a positive trajectory.”
