Playing companies not licensed within the UK could possibly be banned from sponsoring sports activities groups – together with Premier League golf equipment – as a part of a authorities crackdown.
Ministers say they’re nervous concerning the dangers stemming from the unlicensed market, akin to corporations not following legal guidelines and tips geared toward defending clients.
These embody necessary monetary vulnerability checks and accountable promoting.
The federal government additionally warns an absence of information safety measures can depart individuals open to fraud and id theft and that unlicensed betting has been linked to organised crime.
A session into the prosposals shall be launched this spring.
Final 12 months, a number of golf equipment had been warned by the Playing Fee over their relationship with unlicensed TGP Europe.
Premier League Bournemouth, Fulham, Newcastle and Wolves, in addition to then-Championship Burnley, had been all sponsored by betting web sites run by the agency, which had surrendered its British licence after an investigation discovered it did not “carry out sufficient checks on business partners” and breached “anti-money laundering rules”.
A letter despatched to the golf equipment warned they “may be liable to prosecution… if they promote unlicensed gambling businesses that transact with consumers in Great Britain”.
