A gambling expert and government adviser on the sector has warned of an insurgent gambling black market ahead of planned tax hikes to the regulated sector. Same story with smoking…
Alex Wood, who co-hosts BBC Radio 4’s Scam Secrets advises government departments on gambling, was commissioned by online betting firm Flutter UKI to look into the unregulated online betting sector. It’s growing…
Over 12 separate providers and using no VPN or other software Wood was able to make accounts called Bo Peep and Charles Dickens and make spins of up to £2,000. He says:
“I set up one account as ‘Bo Peep’, a 7 year-old, and ‘she’ is still being contacted by illegal sites reminding her that she has free spins. On another black market account I was able to have a bet on the horses as 213 year-old Charles Dickens – it beggars belief. Against the backdrop of looming tax rises on the regulated sector, the Gambling Commission simply has to do more to tackle the illegal gambling market.”
A Flutter UKI spokesman said:
“People seem to think putting up tax on business is a free hit – it’s not. This report shows that higher taxes will be a jackpot for the black market.”
The curse of Gordon Brown threatens to destroy another revenue-generating sector…