Senior UK MP Says “Get Rid” Of UKGC

The current gambling review in the UK has heard from Iain Duncan Smith MP the former leader of the conservative party that the UK Gambling Commission (UKGC) should be removed and a new gambling regulatory body formed.

In a letter posted in the Politics Home website the senior MP again blasted the inability of the Commission to regulate the gambling industry properly, he said in his letter that, “need to be rid of it altogether and instead institute a regulatory body that independently monitors the industry”.

It is not the first time the MP has demanded the removal of the UKGC, back at the beginning of the year he called for the UKGC to be closed down after the Commission consulted gambling operator GVC on ways to develop a ‘code of conduct’ on VIP customers.

At the time and still now the MP is calling for the removal of all VIP programmes by gambling operators citing that 60% of all profits coming to gambling companies derive from just 5% of gamblers.