The figure included voluntary donations from the markets and additional donations, though the charity noted that no income was received from regulatory settlements in the financial year to date. The total was lower than £16.0m in the first three quarters of 2021-22.
Ladbrokes Coral was the biggest contributor in the nine-month period, donating a total of £7.0m to the charity.
Hillside, operating as Bet365, made three separate pledges of £2.4m, £1.7m and £907,000, taking its overall donation in the three quarters to over £5.0m.
Other stand-out contributors during the period included Petfre, trading as Betfred, which donated £92,541, while a further £50,000 came from its Done Brothers UK-facing arm.
Star Racing pledged £82,172, GAN’s UK business donated £71,540 and Virgin Bet sent over a donation of £68,157.
In addition, Casumo committed to a pledge of £62,378, Betway £43,400, InTouch £42,300, Videoslots £40,000 and City Gaming £36,378.
All those who profit from gambling are asked to donate a minimum of 0.1% of annual gross gambling yield (GGY) each year, and those with an annual GGY of less than £250,000 are asked to donate a minimum of £250.
Operators have until 31 March 2023 – the end of GambleAware’s 2022-23 financial year – to make a donation to the charity.
“All funds donated to GambleAware go towards activity which is delivered against the charity’s commissioning objectives,” GambleAware said. “As part of our commitment to transparency and accountability, we recently published our commissioning intentions which set out our strategic commissioning approach for the National Gambling Treatment Service moving forward.
“These commissioning intentions support the delivery of our Organisational Strategy and are based on a robust understanding of population needs and the outcomes we need to achieve, to ensure the most cost-effective and impactful use of our resources.”
Original article: https://igamingbusiness.com/finance/bet365-leads-gambleaware-donations-in-first-three-quarters/
