BGC cautions that the Premier League may lead to over $1 billion in illegal gambling.

The BGC reports that up to £800 million ($1.09 billion) might be gambled with unlicensed bookies, which affects the performance of regulated operators, drains potential tax revenue, and raises concerns about consumer protection, as those visiting illegal gambling sites might lack safeguards. Grainne Hurst, Chief Executive of the Betting and Gaming Council, stated that the criminal black market is exploiting the situation, profiting millions from every match without offering the customer protections found in the regulated sector. These operators do not pay taxes, support nothing, and remain unaccountable. Every pound they gain is a loss to both British sport and the Treasury. According to the BGC, an average weekend sees £15 million to £20 million wagered at unlicensed operators, with the opening weekend alone bringing in £20 million. The BGC has expressed support for certain government changes, viewing them as essential in addressing gambling-related harm. These measures include Premier League front-of-shirt sponsorships and efforts to ensure clubs do not accept sponsorships from companies lacking a Gambling Commission license.

The BGC highlighted a significant trend to watch: the decline in legal advertising is increasing pressure on operators trying to reach their audience. Licensed operators in Britain adhere to stringent regulations for consumer protection, safer gambling, and financial safeguards, unlike illegal black market operators who do not. These illegal entities bypass player protections, evade taxes, ignore safer gambling practices, and pose serious risks to consumers, as Hurst noted. With tougher advertising rules for Gambling Commission-regulated entities, the BGC warns they may continue to lose ground to illegal websites. In the absence of competitive options, unlicensed operators, unhindered by strict regulations, could further boost their local growth. As illegal betting on the Premier League potentially hits £1bn a season, Hurst emphasized the importance of supporting initiatives that protect fans, uphold standards, and ensure customer safety in the regulated market.