Michael Dugher, CEO of the Betting and Gaming Council, has issued a statement regarding the Government’s promises on financial risk checks. This statement comes in response to an upcoming Parliamentary debate scheduled for February 26, 2024.
Dugher, who will transition to the role of Chairman, emphasizes the importance of honoring the commitment made to Parliament regarding frictionless checks. While the BGC supports enhanced checks for online gambling, Dugher stresses the need for careful targeting of these checks to focus on individuals displaying signs of problem gambling or those at risk of harm.
Dugher highlights the importance of ensuring that these checks remain unobtrusive for the majority of individuals who gamble responsibly. Punters have made it clear that they will not tolerate intrusive checks. It is crucial to avoid implementing checks that may drive these individuals to unsafe and unregulated black market online platforms which lack the standards and protections provided by BGC members. These platforms also do not contribute to the Exchequer or support sports like horseracing.
The initial consultations on financial checks faced opposition from several industry figures. In response to the press coverage, Andrew Rhodes, CEO of the Gambling Commission, provided further details on the checks. Specifically, financial risk assessment would be triggered by parameters such as £1,000 ($1,264) in 24 hours or £2,000 in 90 days.
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