The UK Gambling Commission is struggling to protect problem gamblers from harm amid the explosion in online betting, parliament’s spending watchdog has warned.
The National Audit Office (NAO) said the commission lacked the powers or the resources it needed to regulate a "huge and fast-evolving" industry.
“Licensed gambling has grown by 57 percent — £4.1bn — over the last decade, mainly due to a massive increase in online and smartphone gambling," Gareth Davies, head of the NAO, said.
“The risks to gamblers are changing as technologies develop. Yet the Gambling Commission is a small regulator in a huge and fast-evolving industry.
"While the commission has made improvements, gambling regulation lags behind the industry.
To continue reading please log in or request a demo to speak to a member of the team.
Request a Trial
Click here to request a trial