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The voice of Scotland’s vibrant voluntary sector

Published by Scottish Council for Voluntary Organisations

TFN is published by the Scottish Council for Voluntary Organisations, Mansfield Traquair Centre, 15 Mansfield Place, Edinburgh, EH3 6BB. The Scottish Council for Voluntary Organisations (SCVO) is a Scottish Charitable Incorporated Organisation. Registration number SC003558.

Bookmakers failing to cough up for charity

This news post is almost 5 years old
 

High street chains are failing to give levels of donations earmarked for charity

Bookmakers have failed to come up with a sum promised to charity.

Bookmakers agreed to hand over 0.1% of their revenues voluntarily as part of a deal when the last Labour government deregulated the industry in 2005.

But the recommended recipient GambleAware received just £9.6million last year – £400,000 short of its £10 million target.

A report in the Sunday Mail this weekend highlighted that some gambling firms were not meeting their commitments, despite high salaries for their bosses.

Bet365, which made operating profits of £660.3million last year on a turnover of £2.86billion, donated just £868,000 to GambleAware. The firm’s chief executive Denise Coates was paid £265 million in 2017.

Paddy Power Betfair gave £445,000 to the GambleAware fund. It reported an 18% increase in “full-year underlying ­earnings” to £473 million in 2017 on revenues of £1.74 billion. William Hill gave £1 million to GambleAware. It made an operating profit of £234million on revenues of £1.6 billion.

A statement from GambleAware said it required a minimum of £10 million to deliver its plans to support those with gambling addictions.

The statement said: “For GambleAware to continue to meet its existing commitments and complete the successful delivery of its current two-year strategic delivery plan, the charity will require the gambling industry to donate a minimum of £10 million in the 12 months to 31 March 2020.

“We therefore ask all those who profit from the gambling industry in Great Britain, whether or not they hold a licence from the Gambling Commission, to donate a minimum of 0.1% of their Gross Gambling Yield (GGY) directly to GambleAware.”

The Department of Digital, ­Culture, Media and Sport said: “If it turns out that the voluntary system is not capable of meeting current and future needs, we will look at alternatives – everything is on the table.”