Leaked details on UK Gambling Act White Paper

[The Buzz]

The industry website Wagers Earnings and More released an exclusive substack article today, revealing what it claims to be leaked details of the UK Gambling Act White Paper from "well-placed sources."

As for affiliates, the only new measure mentioned was that "The government is 'not persuaded by arguments for online affiliates to be licensed.'"

Other details and highlights:

Affordability
‘Passive’ checks around affordability limits set at £125 net loss within one month of £500 within a year
Detailed consideration of a customer’s financial situation will kick in at £1,000 over a 24-hour period or £2,000 within 90 days.

‘Smart stake’ limits
A ‘smart stake’ limit is to be introduced for online slots with a low default of between £2-£5 per spin.
An upper cap limit of between £10-£25 per spin after enhanced checks.
Free bet and bonuses

A ban on online VIP schemes.
The targeting of online bonuses like free bets based on a customers’ spend or losses will be prohibited.

According to sources, the government and the Gambling Commission are still in talks over much of the detail of the White Paper.

With the status of the government itself currently in limbo, it is very difficult to know when it is likely to be published, although rumors suggest next week. The detail seen so far is from the first draft of the White Paper, though a second draft is believed to be in circulation.

A question still surrounds what new gambling minister Damian Collins will add or subtract to the White Paper after the resignation just last week of Chris Philp. He might well be more sympathetic to the land-based casinos.

Read more here: https://wagersearningsmore.substack...._source=direct

[connd]

stake limits will drive people offshore, checks will also do it to an extent I'd imagine.

"The targeting of online bonuses like free bets based on a customers’ spend or losses will be prohibited. " This seems like a good idea, not a good practice.

[newcustomeroffer]

"The targeting of online bonuses like free bets based on a customers’ spend or losses will be prohibited. " This seems like a good idea, not a good practice.

Perhaps forces more sports-based targeting I guess, so punters who bet on Tennis get a free bet when the Grand Slams are happening - bet365 are good already at this kind of thing. Just removes the variability/targeting of the size of the offer based on customer profitability.