New curbs for online gambling ‘catastrophe’ as Premier League clubs escape sponsor ban
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Ministers will publish a review of the 17-year-old gambling legislation. There are concerns that it has been rendered outdated by the explosion in popularity of online betting. Curbs include maximum stakes of between £2 and £5 for online casinos and a ban on free bets and VIP packages for those who incur heavy losses. Companies will be required to remove features from online games that increase the level of risk for customers.
Ministers will publish a review of the 17-year-old gambling legislation. There will be a ban on free bets and VIP packages for those who incur heavy losses. The Gambling Commission will get new powers and additional funding from an increase in fees paid by the industry. Bricks-and-mortar casinos will have a maximum of 80 gaming machines. They will also be able to extend credit to wealthy foreigners. Ministers dropped plans to ban gambling companies from sponsoring Premier League football shirts. The government estimates that online gambling revenues could fall by more than £700 million as a result of restrictions.
