Earlier today, Secretary of State for Culture, Media and Sport, Lucy Frazer MP gave a statement on proposals included in the long-awaited white paper on gambling reform in the UK.
In her statement, Frazer outlined the following key changes to existing gambling laws that she said were now ‘outdated’.
- Stake limits of between between £2 and £15 for online slots – subject to consultation
- New rules on VIP schemes and bonus offers to protect those at risk of gambling harms
- Further resources for the UK Gambling Commission through statutory levy paid by all gambling companies
- Creation of a non-statutory ombudsman that gives customers a single point of contact for support
- More restrictions ensuring children cannot access gambling in any form
Frazer also stated that gambling companies must step up their checks on customers who may be showing signs of problem gambling. While this is something that is already in place, there are no indications as of yet as to what further steps gambling operators must take to ensure the safety of their customers.
The Secretary also noted that land-based casinos, bingo halls and other traditional premises are at a distinct disadvantage compared to their online equivalents and that this would be addressed:
“A number of assumptions which prevailed at the time of the 2005 Act now look increasingly outdated, so we plan to rebalance regulation and remove restrictions which disadvantage the land-based sector.”
She went on to add:
“The online world has transformed so many parts of life – and gambling is no exception. It’s our responsibility to make sure our rules and regulations keep up with the real world, so that we can protect the most vulnerable while also allowing everyone else to enjoy gambling without harm.
I look forward to working with every member of this House to bring our gambling rules into the digital age.”
There are no major surprises in the secretary’s statement as many of the proposed changes have been leaked in recent months.
Ciaran has been working within the Gambling Industry as a deep analyst since 2019. His deep knowledge and understanding of all the gambling regulations, and processes makes him a true asset, and an always valuable point of view for Gambling Industry News, allowing us to cover every topics from a brand new perspective.
