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.

[Former Member 14]

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...

[Former Member 14]

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.

[newcustomeroffer]

Some interesting words on the £100 per month point from the editor of the Racing Post: https://www.racingpost.com/news/comm...res-why/471244

[mickyfu]

All quite laughable when children of any age can gamble on slot machines, penny slots and so. If they want to know where addicts are born, try starting there instead of trying to tell fully grown adults what they can and can't do with their own money.

Why not ban smoking and drinking while they are at it. They both kill and ruin far more lives than gambling.

That will probably be coming in the not so distant future if people keep allowing their governments to dictate how one lives.

[chaumi]

Some interesting words on the £100 per month point from the editor of the Racing Post: https://www.racingpost.com/news/comm...res-why/471244

If I ever get to the end of a month and find I can't deposit a tenner to put on a 1000-1 shot on Betfair (without first giving BF all of my financial records and letting them decide if I can afford it) I will be most displeased.....but not 10% as displeased as the one day it actually goes in!! I wonder if 'they' will reimburse the 'lost' approx £9500. I think not. The whole idea is a 'restriction of civil liberty' disgrace and will surely result in a number of punters just leaving it alone. Which I guess is what they really want.

[Former Member 14]

trying to tell fully grown adults what they can and can't do with their own money.

Why not ban smoking and drinking while they are at it. They both kill and ruin far more lives than gambling.

That will probably be coming in the not so distant future if people keep allowing their governments to dictate how one lives.

It's called compliance, but really, that's just a code word for control

[mickyfu]

It's called compliance, but really, that's just a code word for control

I don't think there is much money to be made out of penny arcades in Blackpool. Could only hit them once and force them out of business. not like continuously hitting online casinos for the latest made up joke.

[newcustomeroffer]

The whole idea is a 'restriction of civil liberty' disgrace and will surely result in a number of punters just leaving it alone.

Leaving it alone or using a bookie that isn't obliged to ask the same questions.

[Casino Reach]

100 a month? How can business continue to operate. I think it's every persons right to do what ever they want with their money.
I guess the free world governments, don't think so.

Seems more reasonable to set a limit of percentage of income. What sense does it make that someone making five figures will have the same spend limit as someone on minimum wage?

[ocreditor]

100 a month? How can business continue to operate. ..

It can't, it make no sense at all

[mickyfu]

Now kids here is your £3.33 to gamble with today, make sure you don't spend it all at once.

[ocreditor]

Now kids here is your £3.33 to gamble with today, make sure you don't spend it all at once.

[newcustomeroffer]

A YouGov survey commissioned by the Betting and Gaming Council (BGC) shows that 51% of British adults are opposed to legislated maximum-spend limits, with 27% in favour.

The poll surveyed 1,683 British adults, and also found that 59% agreed with the statement that if too many limits are placed on people’s gambling behaviour, more will shift to the unlicensed black market. Only 10% of respondents disagreed with this statement.

Full article here: BGC-commissioned poll claims majority oppose betting limits - iGaming Business

[mickyfu]

Full article here: BGC-commissioned poll claims majority oppose betting limits - iGaming Business

I'd like to see the percentages for the number of people polled who it does not concern. I'm not really interested in the opinion of some SJW tree hugging vegan who is out to rid the world of evils. Ask people who it actually concerns (for example occasional gamblers) then we will have a proper poll.