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The Commission has been working with the Association of British Bookmakers (ABB) and betting operators to reduce the risk of potential conflicts of interest when a trader encounters information that might indicate suspicious betting activity. This follows unusual betting activity at horse races early this year.

As a result ABB members have agreed to adjust their betting terms and conditions to make the contravention of sports or other professional or employer rules on betting a breach of their own terms and conditions. This is in line with one of the recommendations of the Parry report on sports betting integrity (4). Additionally the major betting operators are looking at changes to employment terms and conditions on a cross-industry basis to ensure that traders are required to act first and foremost in the interests of the employer.

These moves aim to reduce the risk of operators accepting bets based on advantageous commercial intelligence in the possession of the employees of other operators. Operators should not rely on such bets being voided but, revisions to terms and conditions will enable them to refuse to pay out if those terms and conditions are breached.

 

Notes to editors

  1. The Gambling Commission (the Commission) regulates gambling in the public interest alongside its co-regulators local licensing authorities. It does so by keeping crime out of gambling, by ensuring that gambling is conducted fairly and openly, and by protecting children and vulnerable people from being harmed or exploited by gambling. Subject to these overriding public protection objectives, as regulator of the National Lottery the Commission monitors and challenges Camelot to raise the maximum amount for good causes. The Commission also provides independent advice to government on gambling in Britain. 
  2. The Commission and local licensing authorities are responsible for licensing and regulating all gambling in Great Britain other than spread betting, which is the responsibility of the Financial Conduct Authority (FCA).
  3. See the Terms & Conditions section of our website for information on legal advice.
  4. Recommendation 1.11 in the Sports Betting Integrity report 2010.

For further information please contact our press office on (0121) 230 6700 or email communications@gamblingcommission.gov.uk.

Posted on 08 August 2014