Report on dormant betting accounts and unclaimed winnings delivered to government
This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
John Penrose will consider Don Foster’s findings.
A review looking at whether money lying in dormant betting accounts and from unclaimed betting winnings could be used to improve sports facilities has been completed and delivered to Government.
Last summer John Penrose, Minister for Tourism and Heritage asked Don Foster MP to look at how cash in abandoned betting accounts and other unclaimed winnings might be used to benefit good causes.
“I’d like to thank Don for all his hard work in putting this report together and for everyone in the industry who has contributed with their views,” said John Penrose.
“I’ll be looking at this report in detail, particularly in light of our work on the regulatory future of remote gambling to see whether we are able to make sure sporting good causes can benefit in the future.”
The Government is currently considering its response to a consultation on the Regulatory Future of Remote Gambling in Great Britain with a view to making an announcement in due course. Any decision on dormant betting accounts and the other issues raised in Don Foster’s report will be made after this.