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  • The Know Daily - Tuesday 17 October

The Know Daily - Tuesday 17 October

šŸŽ² NHS funding from gambling companies, wildcats released in the Highlands + the latest in the Middle East.

Read in 5m 24s āˆ™ Listening to boygenius

šŸŽ² Placing a new bet: Fresh government plans mean gambling companies could soon be required to pay around Ā£100m a year to the NHS.

🄤 A soda shift?: Coca-Cola is funding a new, three-year project which aims to create bottle tops out of CO2 removed from the atmosphere.

šŸ“° Middle East latest: US President Joe Biden’s trip to Tel Aviv and the most recent updates in the Israel-Hamas war.

The UK’s first ever project to release wildcats into the Scottish Highlands has been hailed as a ā€œsuccess so farā€. Nineteen cats were released at Cairngorms National Park this summer, with a further release of kittens planned for next year. It’s all pretty pawsitive news for the endangered species!

šŸŽ² Placing a new bet

Gambling companies could be required to pay around £100m a year to fund addiction research, prevention and treatment on the NHS, under new government plans for a mandatory levy.

What’s the story?
The government has proposed that online bookmakers and casinos would be required to pay 1% of their gross gambling yield, while traditional betting shops and casinos would pay a fee of around 0.4%.

This would raise an estimated £100 million, which would go directly into NHS services and help support specialist addiction clinics across the country. The proposals are now subject to an eight-week consultation.

How is this different from the current situation?
The Department for Culture, Media and Sport said it was introducing the mandatory levy to ā€œensure all operators contribute their fair shareā€, noting that some operators currently pay as little as Ā£1 towards research, prevention and treatment.

The current system of voluntary contributions has also been ā€œtarnished by concerns that the industry wields too much power over how the money is distributedā€, said The Guardian. In 2022, the NHS announced that it would stop taking money from the gambling industry to treat people with addiction partly due to ā€œconflicts of interestā€.

What’s the bigger picture?
The proposed levy is part of a wider plan to overhaul UK gambling laws, published by the government in April this year and aimed at bringing regulations up to date ā€œafter a rise in betting via smartphones on apps and other online platformsā€, said Reuters.

Other measures - such as introducing lower online stake limits and ā€œaffordability checksā€ to prevent large losses - are still out for consultation.

šŸ™‹ā€ā™€ļø TRIVIA TIME

Owing to its declining birth rate, which country now has the lowest proportion of young people in the EU?

A) Romania
B) Italy
C) Spain

Scroll to the bottom for the answer.

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