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BGC: New Regulator Figures Confirm Problem Gambling Rates Remain Low in UK
New figures released by the UK Gambling Commission (UKGC) confirm the rates of problem gambling have remained historically low at 0.2% in the year to June 2022.
The latest statistics showed the rate of problem gambling in the year to June 2022 was 0.2% – down from 0.4% the year previous and remaining the same as the last published annualised figures in April 2022. The rate of problem gambling among women have stayed steady, and low, at 0.1%. These rates are low by international standards.
BGC Chief Executive Michael Dugher said: “These newly released figures are yet again further evidence of the positive progress we have made on problem gambling, which is low by international standards and has fallen in recent times, thanks to the many initiatives we have taken including using advertising to promote safer gambling tools like deposit limits and time-outs, as well as other changes we have made to further raise standards.
“Around 22.5m adults in the UK bet each month and it is clear once again that the overwhelming majority do so perfectly safely and responsibly. However, one problem gambler is one too many and there is no room for complacency. That’s why our work continues to raise standards across the regulated industry, in marked contrast to dangers posed the unsafe, unregulated and growing online black market.
“The latest problem gambling figures will come as a blow to anti-gambling prohibitionists who like to vastly overstate the issues to suit their efforts to treat gambling like tobacco, not like alcohol, but it also provides food for thought for new ministers considering a white paper this autumn. We look forward to the white paper as an opportunity to drive further changes, but the new government should be guided by evidence and seek to carefully target future measures on problem gamblers and those at risk – not intrude on the perfectly safe enjoyment of millions of punters who’s choice of leisure does so much to support jobs and the economy, as well as providing a lifeline for sports like racing.”
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Quantum continues expansion streak with two director-level new hires
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One of betting and gaming’s best-known customer acquisition and comparison businesses, Quantum, has announced the next steps in its ambitious growth plan by welcoming two new director-level appointees.
Joining the business are Dimitris Papamichael as commercial director and Luke Watkin as marketing director – both in newly created roles. They come in alongside a full C-suite and a full team of new tech hires that continues a recruitment drive which began in 2023 – and reflects Quantum’s rapid and consistent growth throughout the last five years.
Papamichael will be responsible for all revenue-generating activities across the business in a pivotal leadership role. He’ll shape Quantum’s commercial strategy as the company diversifies into new verticals while maintaining its strong position in the iGaming sector. He’ll also lead an expanding team of commercial and sales managers.
Watkin will lead the development and execution of the marketing strategy across all business verticals. As marketing director, he’ll be instrumental in shaping Quantum’s marketing vision, building scalable systems, and delivering commercial impact as it expands into new markets. Watkin will build and mentor a high-performing marketing team and is also tasked with driving further recruitment.
Speaking of the appointments and new strategic direction, CMO James McCarthy said: “It’s a pleasure to welcome Dimitris and Luke to Quantum during what is undoubtedly a really fascinating time in our growth. From cementing our relationship with some of iGaming’s biggest names to helping us expand into exciting new sectors, both of our new Directors will be integral to the continued success of the business.”
Papamichael said: “I’m thrilled to be joining Quantum at such an exciting stage of its incredible growth journey. The company has already achieved so much, and there’s huge potential ahead as we expand into new markets and sectors. I can’t wait to work with the exceptionally talented team here to seize the many opportunities ahead and drive the next phase of growth.”
Watkin said: “I am delighted to join a business with such a proven track record of excellence in its core markets, as well as highly ambitious plans for strategic expansion into new markets and territories. I am looking forward to contributing towards building on the exceptional progress the team has made to date, and accelerating that growth in the years ahead.”
This people news comes hot on the heels of the company’s exciting rebrand news of last week, moving toward the “quantum” in QiH Group” as well as redefining the business’ purpose and strategic direction.
The post Quantum continues expansion streak with two director-level new hires appeared first on European Gaming Industry News.
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FLY AWAY TO FORTUNE WITH ZITRO’S “RAINBOW BIRDS”
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The post FLY AWAY TO FORTUNE WITH ZITRO’S “RAINBOW BIRDS” appeared first on European Gaming Industry News.
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PHP13 MILLION UP FOR GRABS IN PAGCOR’S LINKED BINGO EVENT
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The post PHP13 MILLION UP FOR GRABS IN PAGCOR’S LINKED BINGO EVENT appeared first on European Gaming Industry News.
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