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UK to tighten rules on online gambling after long-awaited review

Shake-up to include 1% levy on industry revenue, affordability checks and slot machine stake limits

Proposals to tighten regulation of online gambling have been published by the government, in a long-awaited shake-up of laws passed before smartphones put the potential for 24-hour casino games and sports betting in every pocket.

After multiple delays, the Department for Culture, Media and Sports (DCMS) released a white paper laying out its blueprint for regulating the modern gambling industry.

A 1% mandatory levy on industry revenues.

Tougher affordability checks to prevent huge losses.

Online slot machine stakes capped at between £2 and £15.

Curbing “free spin” and “bonus” offers.

Measures to slow down online casino games.

More resources for the Gambling Commission.

Plans for a gambling ombudsman.

Continue reading…

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