Experts are raising alarms about the increase of unregulated betting sites, known as the 'grey market,' posing risks to players lacking adequate consumer protections. The UK Gambling Commission (UKGC) enforces strict regulations but struggles against operators with licenses from places like Malta and Gibraltar. With approximately £2.8 billion circulating through these unofficial channels annually, the grey market has grown 30% since 2021. Meanwhile, the UKGC has initiated measures like GamStop to help control problem gambling, reflecting the urgent demand for self-exclusion tools in a rapidly evolving landscape driven by stricter regulations.
As unregulated betting sites continue to proliferate in the UK, players are left vulnerable, highlighting the limitations of existing gambling regulations and consumer protections.
The grey market represents a significant challenge, growing by 30% since 2021, as it undermines the established regulatory framework designed to protect the players.
Collection
[
|
...
]