UK House of Lords to question UKGC, gambling industry

The British House of Lords have announced that a select committee will question members of the U.K. Gambling Commission (UKGC) during a hearing researching “the social and economic impact” on the country. The committee will begin hearing testimony at 3:15 pm on February 11.

Two persons scheduled to appear before the committee are UKGC Chief Executive Neil McArthur and Chairman Dr. Bill Moyes. The two are expected to provide insights on how the regulatory organization governs the gambling sector within the U.K.

This evidentiary committee is part of the House of Lords year-long investigation into the gambling industry. It has been led by Lord Michael Grade of Yarmouth who has been seeking to find “reliable facts” on this industry.  He has been hoping to create a better regulatory framework which will help to create better oversight now and in the future.

The leadership of the UKGC will be questioned about their approaches to governing the gambling industry within the country. Much of the questioning is expected to be focused on the direct relationship between the regulatory body and executives within gambling operations. This has become a growing concern, as criticism has been raised against the UKGC by MPs who are concerned about the impact of gambling on the country and the potential conflict of interest for regulators.