The Social Market Foundation has recommended a soft cap on deposits from UK residents, ahead of a Government review of the 2005 Gambling Act. The report, led by Dr James Noyes, would see a limit of £23 pounds per week imposed upon UK players, if they were not able to prove they could afford to deposit more.
Stake limits of between £1 and £5 were also suggested, and non-slot products could see further restrictions. Noyes clarified that the affordability checks were in line with the vast majority of gambling activity within the sector, being low enough to protect even those on a long income, but high enough to reflect the requirements of the general population.
For too long, gambling operators have talked about the need to protect their customers, but have not worked together in order to make affordability checks a reality.
The report, by The Social Market Foundation could also put an end to White Label Casino operation within the UK. There are many White Label Casino products within the UK, but they allow independent Companies to access the market through a single license. This would be phased out as the UK looks to ensure accountability within the sector.
3 Responses
WhatS happens to us being able to decide for ourselves ?
Why the hell should we be penalised or controlled ?
I don’t even agree with wealth checks 🤬 why should what I earn decide what I’m allowed to deposit ?
Maybe I’m just old school but I’ve never gone into my land based casino and said “here’s my bank statement didn’t I do well at work this month “
Forgive me if I’m wrong but it’s my money and I think I’m responsible enough to spend it as I please . I get responsible gambling and I’ve seen the effects and results of bad choices , really I do , but the crux of the matter is it’s a personal choice and living in a free society It’s my choice to make .
It’s getting to a point where online slots are untenable. Perhaps that’s the aim 🧐 Who knows 🤔
silly it’s my money I spend it how I want. Limits already in place to help players control spending
After recently signing up to Casimba with a 100% match bonus of upto £500 I now find myself as, well robbed basically.
So I deposit £500 & receive the 100% bonus equivalent….after losing my initial £500 cash deposit a pop up message shows up “loss limit” reached & a temporary stop to my account until I reply to the compliance message, which was 3 copies of recent payslips & employment details….so I responded with relevant details “reluctantly” however that’s the nanny state we live in…details sent “oh I might just add that I’m in full time employment & have been since 1992 with above average salary though that shouldn’t make a difference”
After sending all relevant details I received a e-mail stating a response would be within 48hrs ….that was 3weeks ago & have yet to hear back…I’ve sent numerous emails with the same response of a return within 48hrs…yes I lost my money however I’ve now lost the bonus money with the promotion because after 30days the bonus will be removed anyway…don’t trust these casinos guys.
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