Cameron Thomas

It is an honour to serve under your chairmanship, Mr Turner. I thank the hon. Member for Halesowen (Alex Ballinger) for securing this important debate. Tewkesbury is home to the prestigious and internationally famed Cheltenham racecourse, which is one of the largest in the UK. Every year, more than 250,000 people visit the racecourse across four days of racing at Cheltenham festival, and many enjoy betting on the results. A 2023 study conducted by the University of Gloucestershire found that the economic benefit of Cheltenham festival was an estimated £274 million. I consider myself a horseracing sceptic, but, as the Member of Parliament for Cheltenham racecourse, I must take a nuanced position. That £274 million is an astonishing figure, and I value that contribution. We must also consider the associated financial harms and the mental and physical health impacts of gambling on the UK economy, which cost £1.4 billion per year. I am also acutely aware that problem gambling is a serious public health issue. I proudly submitted the Liberal Democrats’ contribution to the Gambling Act 2005 (Operating Licence Conditions) (Amendment) Regulations 2024 just last week, supporting financial caps on bets made online. Public Health England reports that approximately 246,000 people are problem gamblers in England alone, and a further 2.2 million people are at risk. Shockingly, it further reports that there are more than 400 gambling-related suicides per year. My constituents deserve a Member of Parliament who puts their wellbeing ahead of the interests of private betting companies, while recognising the economic and social contribution of the industry. My residents deserve to be protected from exploitation by betting companies, which cannot be trusted, much less expected, to self-regulate. Our residents do not need another round of public consultations; they need action. I want to see significant restrictions on gambling advertising, including but not limited to that which plagues young people’s social media feeds and YouTube videos. Gambling firms are at pains to present their industry as symbiotic with sport, deliberately placing their adverts around football broadcasts, stadiums and shirts.