proposed affordability checks

Open Letter Opposing Affordability Checks Signed by Over 400 Racing Figures

Leading figures from the British racing industry have put their names to an open letter sent to Lisa Nandy, the Secretary of State for Culture, Media and Sport, calling for affordability checks to be scrapped. The letter, published in The Sun on Tuesday, sums up the extent to which the sport's hierarchy is concerned regarding the impending introduction of the checks, which are being signed off by the Gambling Commission. Estimates from the Betting and Gaming Council recently stated that as many as 120,000 people could be asked to provide...

[ Read More ]
Affordability Checks To Be 'Frictionless For Customers'

The affordability checks on lower-level gambling spend proposed in the Gambling Act Review White Paper will be streamlined as much as possible to minimise the inconvenience to the betting public, according to the British Horseracing Authority, who welcomed the news of the Paper's publication earlier on Thursday. The paper proposes a £125-threshold net loss within a month or £500 within a year and also states that the checks will be 'frictionless for customers and conducted online by credit reference agencies'. BHA Chief Executive Julie Harrington said, "The numbers around the...

[ Read More ]
X

Never miss another story from the TDN

Click Here to sign up for a free subscription.