Plans to snoop on gamblers’ financial affairs would push the industry off a cliff, betting bosses have warned.
Horse racing titan Martin Cruddace has written to ministers with “grave concerns” about proposed “affordability checks”. The Arena Racing Company chief blasted: “The new tests are untested, unprecedented in Britain and suggest very real slippery slope consequences for consumer freedom and the economy.”
Warning of a hammer blow to the sector, he added: “This great British industry is standing on the precipice, and we do not expect our own Government to push us over.”
Punters losing as little as £125 in a month could have their finances swept under the government’s gambling crackdown.
