‘Alarm bells should be ringing’ for bettors as UK gambling review details emerge

‘Alarm bells should be ringing’ for bettors as UK gambling review details emerge

Article brief provided by Racing Post
  • Bill Barber, Racing Post
July 5, 2022 9:48 PM
  • Bill Barber, Racing Post

Racing’s funding could be reduced by tens of millions of pounds due to proposals for affordability checks on punters believed to be in the British government’s gambling review, the sport has been warned.

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It was reported last week that any checks proposed in the government’s forthcoming gambling review white paper would be ‘non intrusive’, but there are concerns customers could still be required to provide personal financial documents…

The Racing Post understands that a proposal contained in the white paper places the threshold for enhanced checks at a net loss of £2,000 over a 90-day period.

It is also understood that ministers intend to bring forward the timing of a review of the levy system to this autumn, which would be regarded within British racing as a success for the sport’s lobbying efforts.