Regulators, Reform & Reality: What British Betting Faces Next

The Final Furlong Podcast

News, Sports, Sports News

4.8 • 1.6K Ratings

🗓️ 8 April 2025

⏱️ 76 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this high-stakes industry special, Emmet Kennedy hosts a straight-talking conversation about the future of gambling regulation in Britain — and who it really serves. With independent bookmaker Corbett Bookmakers fined £686,000 and greyhound racing banned in Wales, there’s growing concern that smaller operators are being targeted while corporate giants get favourable treatment. But is that conspiracy — or cold reality? Joining the debate: Geoff Banks – CEO of Geoff Banks Bet, fiercely outspoken defender of the independent bookmaker and a critic of regulatory overreach. Dan Waugh – Regulation adviser and former Rank Group strategy director, who’s worked with governments and Parliament to shape safer gambling frameworks. Together they explore: Is the Gambling Commission creating a level playing field — or entrenching a monopoly? Why are some campaigners backing racing while celebrating greyhound bans? Has the industry reached a tipping point in trust, transparency, and survival? With frank opinions, uncomfortable truths, and sharp insight from both sides of the industry, this episode pulls no punches. If you care about where betting goes next — this is essential listening. The Final Furlong Podcast is proudly brought to you by Geoff Banks Bet. Join the excitement and Sign up to Geoff Banks Online now with promo code FFP500 and get 10% of any net losses returned as cash after your first month of betting, up to £500 at geoffbanks.bet. Its tradition redefined with modern tech and unbeatable odds. Apple: https://apps.apple.com/gb/app/geoff-banks-online/id881898186 Android: https://play.google.com/store/apps/details?id=com.geoff_banks.geoffbanks Form Tools: Proform is the essential tool for punters looking to make money from betting on Horse Racing. Our form book covers Jumps and Flat racing in the UK and Ireland. https://www.proformracing.com/ Twitter: @FinalFurlongPod Email: [email protected] In association with Adelicious Podcast Network. Hosted on Megaphone. Follow us for free on Spotify Podcasts https://open.spotify.com/show/3e6NnBkr7MBstVx5U7lpld Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:30.7	The final furlong podcast is proudly brought to you by Jeff Banks bet.
0:34.9	Get up to 500 pounds refunded as real money for new Jeff Banks online accounts after your
0:39.6	first month of betting.
0:40.7	Use promo code FFP 500 at jeffbanks.
0:44.6	Welcome to a special edition of the Final Forerlum podcast.
0:47.5	It's been a while since we did one of these and I'm looking forward to doing it.
0:50.0	Joining me are two of the leading voices in the betting world in the United Kingdom. First up, a man who's never been shy about standing up for what he believes in, even when it might ruffle one or two feathers, or many feathers for that matter.
1:00.4	Jeff Banks is the CEO of Jeff Banks bet. Full disclosure, a sponsor of this show. He's one of the few remaining independent layers in British betting industry, now dominated by multinationals. He's been a vocal critic of overreach from the gambling commission,
1:12.6	and he's been in the betting ring literally and metaphorically for decades.
1:16.3	If you want an honest answer, maybe too honest, Jeff Banks is your man.
1:19.5	And our second guest is a returning member to the Final Furland podcast.
1:22.7	He brings a scalpel to this debate.
1:24.5	Dan Waugh is one of the UK's most respected voices on gambling regulation,
1:28.4	working with regular partners. He's advised governments, testify to Parliament and help to shape
1:32.7	safer gambling policies from the inside. Before that, he held major roles at the rank group and
1:37.6	Whitbread overseeing strategy, compliance and investor relations. And we are delighted to be
1:42.0	joined by him and by Jeff. You're both very welcome
1:44.4	back to the show. There was a hearing of health and social care committee, Dan, have not been
1:49.1	fully up on this. I'm getting ready for the return of the flat season, Punchestown, Ferry House,
	...

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