Asked by: Ronnie Cowan (Scottish National Party - Inverclyde)
Question to the Department for Digital, Culture, Media & Sport:
To ask the Secretary of State for Digital, Culture, Media and Sport, how many football clubs in the premier league have gambling sponsors.
Answered by Chris Philp - Shadow Home Secretary
Football clubs can enter a wide variety of responsible commercial partnerships, which may be promoted in different ways including through kit sponsorships, advertising in stadiums or on club websites. In the 21/22 football season, all 20 Premier League clubs had an official betting partner, while nine clubs had front-of-shirt sponsorship by a gambling operator.
The Government does not make an assessment of the number of children attending professional football matches.
Evidence on the impacts of gambling sponsorship in sports, including the issue of children’s exposure to gambling brands, is being closely considered as part of the government's Review of the Gambling Act. A white paper will be published in the coming weeks outlining our conclusions and next steps.
Asked by: Sarah Owen (Labour - Luton North)
Question to the Department for Digital, Culture, Media & Sport:
To ask the Secretary of State for Digital, Culture, Media and Sport, if she will make it her policy to provide redress to the people affected by the collapse of BetIndex Ltd, the operators of Football Index.
Answered by Chris Philp - Shadow Home Secretary
The Government appreciates the significant impact that the collapse of the novel gambling product Football Index had on former customers. We recognise the frustration and anger that this situation has caused and the hardship that some people have suffered as a result. However, there is no compensation scheme for losses caused by a gambling firm ceasing to operate and the Government does not think it would be appropriate to use public funds for these purposes.
Asked by: Mike Amesbury (Independent - Runcorn and Helsby)
Question to the Department for Digital, Culture, Media & Sport:
To ask the Secretary of State for Digital, Culture, Media and Sport, what steps his Department is taking to ensure the adequacy and effectiveness of the (a) Gambling Commission and (b) Financial Conduct Authority, in the context of the collapse of Football Index.
Answered by Chris Philp - Shadow Home Secretary
The independent review into the regulation of Football Index, undertaken by Malcolm Sheehan QC and published last September, identified lessons to be learnt and provided recommendations for both the Gambling Commission and the Financial Conduct Authority (FCA).
Both regulators have taken steps to address the issues identified in the report. The Gambling Commission has updated the frameworks for risk based regulation so that product novelty is properly considered alongside other factors in determining the level of scrutiny an operator is placed under. The Commission has also consulted on tighter rules for the terminology used to describe gambling products.
The Commission and FCA have also worked together to strengthen their Memorandum of Understanding in response to Mr Sheehan’s recommendations, including with new escalation routes and commitments on timeliness of responses to ensure regulatory impasses can not remain unsolved. The FCA has additionally nominated an Executive Director to oversee the relationship with the Commission.
Our Review of the Gambling Act 2005 called for evidence on the powers and resources of the Commission and how it uses them, and we will publish a White Paper in the coming weeks.
Asked by: Jim Shannon (Democratic Unionist Party - Strangford)
Question to the Department for Digital, Culture, Media & Sport:
To ask the Secretary of State for Digital, Culture, Media and Sport, if she will make an assessment of the potential merits of bringing forward legislative proposals to prevent betting companies from being sponsors of Premier League football clubs.
Answered by Chris Philp - Shadow Home Secretary
The Government is looking closely at the evidence regarding the impacts of sports sponsorship by gambling operators, including in the Premier League, as part of the wide-ranging Review of the Gambling Act. We will publish a White Paper setting out our conclusions and next steps in the coming weeks.
Asked by: Ronnie Cowan (Scottish National Party - Inverclyde)
Question to the Department for Digital, Culture, Media & Sport:
To ask the Secretary of State for Digital, Culture, Media and Sport, what estimate the Government has made of the value of front-of-shirt football team sponsorships by cryptocurrency platforms.
Answered by Chris Philp - Shadow Home Secretary
I am aware of the growth in commercial partnerships between cryptocurrencies and professional sport. On 18 January 2022, the government set out its intention to legislate later this year to bring certain cryptoassets into financial promotion regulation. The FCA has also publicly consulted on its detailed rules for the regime. This would ensure that relevant cryptoasset promotions are held to the same high standards for fairness, clarity and accuracy that pertain in the financial services industry.
Cryptocurrencies are not within the legal definition of gambling in themselves and therefore are not in scope of the Gambling Act Review.
Asked by: Charlotte Nichols (Labour - Warrington North)
Question to the Department for Digital, Culture, Media & Sport:
To ask the Secretary of State for Digital, Culture, Media and Sport, if she will provide redress to the people affected by the collapse of BetIndex Limited, the operators of Football Index.
Answered by Chris Philp - Shadow Home Secretary
The Government appreciates the significant impact that the collapse of the novel gambling product Football Index had on former customers. BetIndex, the company which operated Football Index, went into liquidation on 5 November. The process is continuing and it is likely that this will result in some amounts being reimbursed to creditors. There is no compensation scheme for losses caused by a gambling firm ceasing to operate and the government does not think it would be appropriate to use public funds for these purposes.
Asked by: Ruth Cadbury (Labour - Brentford and Isleworth)
Question to the Department for Digital, Culture, Media & Sport:
To ask the Secretary of State for Digital, Culture, Media and Sport, what steps she has taken to improve co-operation between the Financial Conduct Authority and the Gambling Commission.
Answered by Chris Philp - Shadow Home Secretary
Officials from the Department for Digital, Culture, Media and Sport worked closely with their counterparts at the Treasury to discuss the collapse of BetIndex, the role of the Financial Conduct Authority (FCA) in this case, the independent review conducted by Malcolm Sheehan QC and the lessons learnt that were identified by the review.
Following the publication of the review, the Gambling Commission updated its framework for risk based regulation so that product novelty is properly considered alongside other factors in determining the level of scrutiny an operator is placed under.
The review also clearly states that the FCA’s concluded position was that no part of Football Index fell within the FCA’s remit on legal grounds. Only one company is currently regulated by both the Gambling Commission and the FCA. The Commission continues to be vigilant about emerging products and operators and, under the terms of the new Memorandum of Understanding (MoU) with the FCA, identify and highlight the potential need for its involvement wherever necessary.
The FCA and the Gambling Commission strengthened their Memorandum of Understanding in response to Mr Sheehan’s recommendations in the independent review, including establishing new escalation routes and commitments on timeliness of responses to ensure regulatory impasses are identified and overcome quickly. The FCA has additionally nominated an Executive Director to oversee its relationship with the Commission.
Asked by: Ruth Cadbury (Labour - Brentford and Isleworth)
Question to the Department for Digital, Culture, Media & Sport:
To ask the Secretary of State for Digital, Culture, Media and Sport, how many companies does the Gambling Commission dual regulate with the Financial Conduct Authority.
Answered by Chris Philp - Shadow Home Secretary
Officials from the Department for Digital, Culture, Media and Sport worked closely with their counterparts at the Treasury to discuss the collapse of BetIndex, the role of the Financial Conduct Authority (FCA) in this case, the independent review conducted by Malcolm Sheehan QC and the lessons learnt that were identified by the review.
Following the publication of the review, the Gambling Commission updated its framework for risk based regulation so that product novelty is properly considered alongside other factors in determining the level of scrutiny an operator is placed under.
The review also clearly states that the FCA’s concluded position was that no part of Football Index fell within the FCA’s remit on legal grounds. Only one company is currently regulated by both the Gambling Commission and the FCA. The Commission continues to be vigilant about emerging products and operators and, under the terms of the new Memorandum of Understanding (MoU) with the FCA, identify and highlight the potential need for its involvement wherever necessary.
The FCA and the Gambling Commission strengthened their Memorandum of Understanding in response to Mr Sheehan’s recommendations in the independent review, including establishing new escalation routes and commitments on timeliness of responses to ensure regulatory impasses are identified and overcome quickly. The FCA has additionally nominated an Executive Director to oversee its relationship with the Commission.
Asked by: Ruth Cadbury (Labour - Brentford and Isleworth)
Question to the Department for Digital, Culture, Media & Sport:
To ask the Secretary of State for Digital, Culture, Media and Sport, what assessment she has made of the potential merits for gambling regulation of requiring the Gambling Commission to assess the novelty of an (a) operator or (b) product when conducting scrutiny.
Answered by Chris Philp - Shadow Home Secretary
Officials from the Department for Digital, Culture, Media and Sport worked closely with their counterparts at the Treasury to discuss the collapse of BetIndex, the role of the Financial Conduct Authority (FCA) in this case, the independent review conducted by Malcolm Sheehan QC and the lessons learnt that were identified by the review.
Following the publication of the review, the Gambling Commission updated its framework for risk based regulation so that product novelty is properly considered alongside other factors in determining the level of scrutiny an operator is placed under.
The review also clearly states that the FCA’s concluded position was that no part of Football Index fell within the FCA’s remit on legal grounds. Only one company is currently regulated by both the Gambling Commission and the FCA. The Commission continues to be vigilant about emerging products and operators and, under the terms of the new Memorandum of Understanding (MoU) with the FCA, identify and highlight the potential need for its involvement wherever necessary.
The FCA and the Gambling Commission strengthened their Memorandum of Understanding in response to Mr Sheehan’s recommendations in the independent review, including establishing new escalation routes and commitments on timeliness of responses to ensure regulatory impasses are identified and overcome quickly. The FCA has additionally nominated an Executive Director to oversee its relationship with the Commission.
Asked by: Ruth Cadbury (Labour - Brentford and Isleworth)
Question to the Department for Digital, Culture, Media & Sport:
To ask the Secretary of State for Digital, Culture, Media and Sport, what discussions her officials have had with their counterparts at the Treasury on the actions of the Financial Conduct Authority with regards to its regulation of BetIndex Limited.
Answered by Chris Philp - Shadow Home Secretary
Officials from the Department for Digital, Culture, Media and Sport worked closely with their counterparts at the Treasury to discuss the collapse of BetIndex, the role of the Financial Conduct Authority (FCA) in this case, the independent review conducted by Malcolm Sheehan QC and the lessons learnt that were identified by the review.
Following the publication of the review, the Gambling Commission updated its framework for risk based regulation so that product novelty is properly considered alongside other factors in determining the level of scrutiny an operator is placed under.
The review also clearly states that the FCA’s concluded position was that no part of Football Index fell within the FCA’s remit on legal grounds. Only one company is currently regulated by both the Gambling Commission and the FCA. The Commission continues to be vigilant about emerging products and operators and, under the terms of the new Memorandum of Understanding (MoU) with the FCA, identify and highlight the potential need for its involvement wherever necessary.
The FCA and the Gambling Commission strengthened their Memorandum of Understanding in response to Mr Sheehan’s recommendations in the independent review, including establishing new escalation routes and commitments on timeliness of responses to ensure regulatory impasses are identified and overcome quickly. The FCA has additionally nominated an Executive Director to oversee its relationship with the Commission.