The Bishop of St Albans received the following written answer on 24th January 2023:
The Lord Bishop of St Albans asked His Majesty’s Government what estimates they have made of the cost to the state of gambling-driven crime.
Lord Sharpe of Epsom (Con): The Home Office does not hold the information which you have requested on the estimates for state costs arising from gambling- driven crime.
The Home Office holds information on the value of assets recovered under POCA 2002 from offenders who committed other types of offences including fraud and money laundering. This data is included in the Asset Recovery Statistical Bulletin which is published every year. Its latest release was in September 2022, covering the period between financial year 2016 to 2017 and 2021 to 2022. The total value of proceeds of crime recovered under POCA from fraud related offences over the last six financial years, is £388m as shown in Table 11(opens in a new tab).
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