New Rules and Free Checks: What Will the Future Bring for the Gambling Industry?
Date: 2024-05-02 Author: Robert Beloved Categories: EVENTS
Yesterday, May 1, the UK Gambling Commission published a series of new rules that will have a significant impact on the gambling industry. These rules, stemming from a review of the Gambling Act, cover various aspects from financial checks to marketing.
Implementation of “no-obstruction” checks
Among the rules discussed, the idea of introducing “no-holds-barred” accessibility checks has attracted particular attention. This pilot, which will begin in August 2024, will evaluate existing data without requiring additional information from players.
However, in addition to the "no-frills" checks, a separate process called "light financial risk checks" will be introduced. This process will be divided into two stages and will begin on August 30, 2024.
Protection of consumers and operators
The Commission's executive director, Tim Miller, stressed that the purpose of these new rules is to protect consumers and prevent harm. The pilot project will not have any impact on users and the data will be analyzed gradually.
Industry reaction
While the new rules have generated some debate, they have generally been received favorably by the industry. Operators were warned in advance, giving them time to adapt to the changes.
New rules and the introduction of “no-strings-attached” and “easy” financial risk checks promise to bring greater transparency and protection to the gambling industry. It is important that these changes are implemented carefully and consistently to ensure maximum protection for consumers and the interests of operators.
