The Final Nail In The Coffin?

[adelebernard]

This is absolutely rubbish!

[Pokerface]

This should be an interesting discussion with the British finance minister when he needs to look for the 3 Billion GBP loss of tax revenues that are collected and much needed at this time.

[LowFlyingBird]

https://www.gamblingcommission.gov.u...tatistics.aspx

Looks like UKGC is trying to kill the (remote) online arm of the UK iGaming business.

They imply motive is for player protection but I would assume it's also going to save the 98K employed by shops or Brick and Mortar casinos.

Every restriction they've listed is targeted at online market only.

Limit promotions
Limit or restrict gambling ads
Zero CC deposits
Zero ewallet deposits if funded by a CC
Pulled many UKGC licenses this year (MGA-UKGC bridge done)
Limit each customer to $100 in losses per month (doesn't apply to cash at betting shops)

All the hefty fines they've issued all targeted at fully licensed online casino/sportsbook groups.
You never read an example of brick and mortar casino getting this kind of attention.

The UKCG employ about 400 people. They don't seem interested in Online Growth.

[AussieDave]

Looks like UKGC is trying to kill the (remote) online arm of the UK iGaming business.

They imply motive is for player protection but I would assume it's also going to save the 98K employed by shops or Brick and Mortar casinos.

Every restriction they've listed is targeted at online market only.

Agreed. I've been rattling that chain for a couple of years now. With all the info you've listed, it certainly paints a clear picture.

[Parth84]

Definitely not good. UKGC has ruined the iGaming business and now they are looking forward to make this impossible for players as well as for iGaming companies and affiliates.

[mickyfu]

Every restriction they've listed is targeted at online market only.

Limit promotions
Limit or restrict gambling ads
Zero CC deposits
Zero ewallet deposits if funded by a CC
Pulled many UKGC licenses this year (MGA-UKGC bridge done)
Limit each customer to $100 in losses per month (doesn't apply to cash at betting shops)

Not quite 100%. They did limit the amount of FOBTs that could be in a betting shop, then went on to limit the stakes of the FOBTs. This had a very negative impact on high street bookies.

[Nenad]

It will really be interesting to see how their government will cope with tax revenue loss. As someone said here, why looking at the UK market when is it much better to find other interesting ones, if they are still there...

[AussieDave]

Not quite 100%. They did limit the amount of FOBTs that could be in a betting shop, then went on to limit the stakes of the FOBTs. This had a very negative impact on high street bookies.

Not disagreeing, but the focus on FOBTs was fuelled by a UK Media 'witch hunt' on these gaming machines. At a guess, IF the UK Media didn't grandstand this agenda, I doubt the FOBTs would have been in the firing line.