UK mulls 1% gambling levy to fund addiction treatment efforts

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UK mulls 1% gambling levy to fund addiction treatment efforts
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The move aims to tap into the growing trend of smartphone betting, with a £100 million annual goal.

The government’s recommendations also cover the introduction of online stake limits, with values varying between £2 and £15.

While a voluntary levy already exists, the government’s Department for Culture, Media and Sport said in a statement on Tuesday that some operators were paying as little as £1 towards research, prevention and treatment. The government in April set out plans to tackle problem gambling and bring regulations up to date after a rise in betting via smartphones on apps and other online platforms where wagers are just a click away.

The funding from the new levy would deliver new investment for the state-run National Health Service in England, Scotland and Wales, the statement added.

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