Written Question·Treasury·UIN 122645
Sports: Regulation
Tabled: 23 March 2026
Answered: 31 March 2026
Question
John McDonnell
Labour — Hayes and Harlington
To ask the Chancellor of the Exchequer, who is responsible for the regulation of sports and non-financial spread bets in the UK.
Answer
Lucy RigbyThe Financial Conduct Authority (FCA) has clarified that non-financial spread betting products are not financial instruments, and that the FCA’s regulatory framework does not account for gambling activity in relation to events which are not connected to f...
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