Under-fire director Harold Mitchell to lead the search for new Crown board members
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Crown director Harold Mitchell is leading the search for new board members at the casino giant despite the ad-man himself being under intense pressure to resign amid questions about his independence from major shareholder James Packer.
Three directors and Crownâs chief executive Ken Barton have left the James Packer-backed group since former Supreme Court judge Patricia Bergin last week found that it was unfit to hold a licence for its new Sydney casino, based on damning evidence it had facilitated money laundering and had been infiltrated by organised crime at its Melbourne and Perth casinos.
Due to the COVID-19 pandemic, many have faced unexpected economic problems that have restricted the spending power throughout the past year. This is due to having incomes which were decreased or even declined, a decrease in shopping opportunities as well as businesses suffering losses. However, not all businesses were affected by the pandemic, with some generating even more revenue and traffic than before.
Gambling protection in the UK is sure to be enhanced by the UKGC s new Advisory Council.
A key source of evidence-based feedback has been added to the UK s far-reaching inquiry into revamping gaming regulations.
New Evidence-based Panel
The UK Gambling Commission has appointed a Lived Experience Advisory Panel to provide collaborative feedback on making gambling safer in the UK.
Members
The panel is comprised of a diverse collection of individuals who have suffered through various gambling harms, including non-gamblers affected by someone else’s gambling.
Purpose
The group will advise the Gambling Commission on an array of policy development initiatives on relevant issues to inform changes to the Gambling Act.
Flutter’s Ian Proctor outlines affordability approach Share
Paddy Power and
2005 Gambling Act.
In the statement, Proctor acknowledged that: “Gambling has gone through a technical transformation over the last 15 years, and the rules have not kept pace.”
The main focus of Proctor’s statement concerned the issue of affordability, which has played a central role in the ongoing debate between betting operators and the
UK Gambling Commission (UKGC) as the review of the 2005 Gambling Act continues.
“Getting to the right answer on affordability is complex and not without some knotty ethical issues,” the operator continued.
“It requires finding a critical balance which allows us to protect the most vulnerable from potential harm without disproportionately impinging on the personal freedom of the vast majority of the 30 million people who enjoy a gamble in the UK every year.
The Commission will close its public consultation on improving research methodologies today, concluding a vital component of the 2005 Gambling Act review.