The chair of the UK’s cross-party Culture, Media and Sport Committee has written to the acting CEO of the Gambling Commission (UKGC) to seek answers on the regulator’s decision to introduce financial risk assessments (FRAs) for gamblers.
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The UKGC revealed last week that it would introduce FRAs in phases, beginning with assessments taking place for users of the industry’s largest operators who are aged over 25 and make net deposits of more than £5,000 [$6,700] during any rolling 24-hour period.
The regulator also confirmed that during the early stages of implementation, it will not take any enforcement action against operators that fail to take action following an FRA.
