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.”