Gamesys Largest Q1 Contributor To GambleAware

GambleAware’s Q1 industry donation figures have listed Gamesys Group as their highest donor for the period, contributing more than half of the charity ‘s total £820,000 received.

Gamesys donated £ 450,000 to top the list of 144 contributions received, while its Virgin Bet Limited subsidiary also contributed £5224.

UK licencing requirements require all licence holders to directly contribute 0.1 percent of their annual Gross Gambling Yield (GGY) to GambleAware, asking those with an annual gross gambling income of less than £ 250,000 per annum to donate at least £ 250.

The charity uses the funds to help develop initiatives targeted at the prevention and treatment of problem gambling across the industry.

The donor list is made up of industry owners and manufacturers, in addition to donations in the form of unclaimed winnings, dormant accounts and other assets.

Apricot Investments, Microgaming’s parent company, was second largest lender after contributing £40,000, followed by Betfred’s igaming affiliate Petfre Gibraltar with a £26,783 donation.

In addition to the gifts, they promised another £169,800 during Q1. Praesepe Holdings donated £84,000 to GambleAware followed by £ 50,000 pledged by 888 Holdings.

The charity was also collecting £8.8 m from William Hill and Betway in regulatory payments during Q1.

Mr Green’s division of William Hill was penalised as part of the coordinated inquiry into online casinos by the Gambling Commission, with the regulator imposing a £3 million fine because the company ‘failed to have effective procedures aimed at preventing harm and money laundering.’

Furthermore, Betway was forced to pay £5.8m instead of a financial penalty to implement the ‘National Strategy to Reduce Gambling Harms’.

This week, trustees of GambleAware defended the funding mechanisms of the organisation, following questions posed by the ‘Time for Action’ report of the House of Lords Select Committee – in which GambleAware was told to correct its ‘anomalous system’ which could affect funding of new RET programmes.

Trustees, in support of the charity, said GambleAware had little impact on whether treatment services received more funds outside central donations. GambleAware underlined that DCMS and the UK Charities Commission had tracked and accepted all records of its RET donations and contributions.

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About Joe Kizlauskas

Joe is a seasoned iGaming copywriter and speaker who has been in the business since 2015. He's written more words on all elements of iGaming than he likes to remember, and he's contributed material to a number of well-known brands. Joe may be seen playing 5 a side, at the gym or playing games on his Playstation when he is not writing.