The UK Gambling Commission (UKGC) has revealed its plans for 2017 – 2018. The plan shows an overview of their long term goals and what they hope to achieve throughout a “three year corporate strategy” . As always, the UKGC's release of their new plan was followed swiftly by an open call for gambling operator's to let the UKGC what they think, so further edits and changes could occur based on their feedback. This open call also applied to public bodies and gambling consumers, with all parties given until the 5th May to express their views, which is when submissions will close.
The 5 Priorities Of UKGC Regulation
The plans cover 5 priority areas, which the UKGC hope to focus on. These areas include:
- Raising standards across all gambling sectors
- Building partnerships and understanding
- Ensuring fair play on the National Lottery
- Improving regulation
The general plan is currently very broad, with the UKGC going into further details on each point. But the UKGC are asking anyone involved with the industry, from customer to operator, to get involved in the discussion, whether it's about the main points at large, or simply the minute details of each priority.
The Chair of the Gambling Commission, William Moyes, opened up the floor for debate on the issues raised in their plan: “By no means are we starting from scratch with our long term strategy, but we are calling on all our stakeholders to share their views about how we and our partners can have the greatest impact for consumers – who are at the heart of everything we do at the Commission.”
William Moyes also went on to expand on the philosophy behind this open debate structure whenever they release plans. The reasoning was simply that, it is only possible to change the behaviour of the industry, when you also have the trust of the industry.
Whether it's the trust of an operator or a consumer, there needs to a trust on both sides that the UKGC are working towards making the industry a better place to be, and not simply dragging it towards increased regulation kicking and screaming.
The Three Year UKGC Regulatory Business Plan
Although the plans that have been released are stated to be the UKGC's focus for the next year, this list of priorities is just the start of a 3 year strategy which is set to expand greatly on these early baby steps.
After a period of debate and feedback, which will last for just under a month, the UKGC will then edit their plan to include as many points as they can, before putting their business plan into effect for its first year.
We should expect a re-imagined version of the business plan to emerge soon after the May 5th deadline, although it's likely that the broader priorities won't change as much as the smaller details. Until then, we'll keep you updated and await any changes the UKGC make to their huge multi-year business strategy.