GREaT Foundation raises €5.55 million

The GREaT Foundation supports research, education and treatment of problem gambling. This British charity is financed by voluntary donations from the gambling business. The GREaT Foundation has reached its 2010 goal and collected €5.55 million. Sports minister Gerry Sutcliffe stated in June 2009 that the voluntary funding system would be maintained. However, the minister required a minimum of €5.55 million that should be raised yearly in the next three years.

GREaT Foundation

The government’s Responsible Gambling Strategy Board (RGSB) set the goal. There are speculations about governmental obligatory levies for online gambling companies that refuse to donate. More than one-third of the companies that are licensed for the UK gambling market contributed to the foundation in 2009/ 2010.

Online gambling companies

“We hope that the gambling companies that failed to donate realize that it’s a vital cause. With the collected €5.55 million we prove that many companies are aware of the importance. It’s for the own good of the business to evade obligatory levies. Hopefully they take responsibility in the future. A new government implicates a new start. The gambling business wants to be perceived as responsible,” GREaT director Geoffrey Godbold commented.
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