Warning about facilitating betting on TV programmes or other novelty markets
The Gambling Commission has issued a warning to betting operators who facilitate betting on pre-recorded television programmes (such as the Great British Bake Off and Strictly Come Dancing) or other novelty markets, following media reports that suggest issues of integrity have arisen. The Commission says that this media reporting “appears to have originated from the operators themselves who purport to have either over-exposed their liability or identified integrity concerns tenuously linked to the programme or event”. The Commission’s warning letter – that can be downloaded below – makes it clear that it requires operators of these markets to demonstrate a robust management of the associated risks in order to ensure they uphold the licensing objectives. It warns that if it becomes aware that these standards are not being met, it will commence licence reviews with a view to exercising its formal regulatory powers against both the operator and PML holders.