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1684394
registered interest true more like this
date less than 2024-01-23more like thismore than 2024-01-23
answering body
Department for Culture, Media and Sport more like this
answering dept id 217 more like this
answering dept short name Culture, Media and Sport more like this
answering dept sort name Culture, Media and Sport more like this
hansard heading Gambling: Regulation more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Culture, Media and Sport, what discussions she has had with the (a) Gambling Commission and (b) Financial Conduct Authority on potential proposals to regulate companies like Football Index. more like this
tabling member constituency Shipley remove filter
tabling member printed
Philip Davies more like this
uin 11033 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-02-02more like thismore than 2024-02-02
answer text <p>The collapse of BetIndex Ltd, the operators of the novel gambling product Football Index, had a significant impact on former customers, and we recognise the frustration and anger that this has caused. As a result, the Government announced an Independent Review, conducted by Malcom Sheehan KC, which looked at how the company had been regulated and identified lessons learned for various agencies. These recommendations have since been implemented.</p><p>Following the collapse of Football Index, the then-Minister held several meetings with the Gambling Commission, and officials have worked closely with their counterparts at His Majesty’s Treasury on the role of the Financial Conduct Authority (FCA) in this case. I also met representatives from the Football Index Action Group last year and officials from the department are discussing the issues raised by the group with the Gambling Commission.</p> more like this
answering member constituency Pudsey more like this
answering member printed Stuart Andrew more like this
question first answered
less than 2024-02-02T15:04:26.363Zmore like thismore than 2024-02-02T15:04:26.363Z
answering member
4032
label Biography information for Stuart Andrew more like this
tabling member
1565
label Biography information for Sir Philip Davies more like this