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The National Audit Office, which monitors the effectiveness of public bodies, said the regulator had not adjusted to technological change such as the rise of online and mobile gaming. There are an estimated , problem gamblers, 55, of them children, with a further 1. Regulators news. Reuse this content. Most popular.{/INSERTKEYS}{/PARAGRAPH} The threat of increased regulation has proved a drag on the share prices of UK gambling companies, prompting an industry-wide effort to display improved attitudes to problem gambling. Yet the Gambling Commission is a small regulator in a huge and fast-evolving industry. {PARAGRAPH}{INSERTKEYS}The Gambling Commission is outpaced and outgunned by betting companies, according to a government report warning that the watchdog is struggling to protect people from gambling-related harm. The commission is simply not up to the job of regulating the gambling industry, particularly the online sector, parts of which seem to operate like the wild west. Six further people are affected by each addict, according to a study cited in the report. The regulator pointed to measures it had taken such as imposing stricter age verification and banning gambling on credit cards, but admitted that more needs to be done. While the commission has made improvements, gambling regulation lags behind the industry. Topics Gambling. The report lamented a lack of long-term research to measure the impact of the problem gambling.