According to an article in The Guardian, a "wide-ranging review of gambling laws" in the U.K. will consider limiting online casino stakes among a “reformer’s shopping list” of proposals to overhaul gambling laws.
The review, set to begin this week, will include:
According to the article, the review is "likely to be welcomed by advocates for tighter regulation, including people recovering from problem gambling and more than 50 MPs and and peers who have backed stricter controls."
- Limits on online stakes, prizes and "spin speeds".
- Tough affordability checks.
- A testing regime for new products.
- A sports sponsorship ban.
- New powers to tackle the parallel market.
- Legal redress for wronged punters.
- A mandatory levy to fund addiction treatment.
One key area in their sights is regulation of online casino and electronic slot machine games. Gamblers can bet unlimited amounts online, even though some internet-based games such as roulette are no different from those that were available on fixed-odds betting terminals, whose maximum stake was cut from £100 to £2.
Alongside new maximum stakes, prizes could be curbed and the speed of play limited.
Ministers will consider whether firms should be forced to limit players’ monthly losses and perform stricter affordability checks to ensure people are gambling within their means. They will also look at mandating a “single customer view” policy, where multiple firms pool information about potentially vulnerable customers.Read more here: https://www.theguardian.com/society/...ts-sponsorshipPromotional offers are also expected to form part of the review’s scope, indicating that the government is not satisfied with efforts by the industry and the Gambling Commission to address VIP schemes, bonuses and so-called “free bets”.
VIP schemes, in which losing gamblers are wined, dined and given financial incentives to keep betting, have been a common feature of stories about problem gamblers who resorted to crime or took their own lives.