Compulsory affordability checks expected to be proposed following the UK gambling review will threaten the regulated betting and gaming industry, according to a new report by leading accountancy firm Ernst & Young.
Research for the Betting and Gaming Council (BGC), the industry body representing major bookmakers, found the British gambling sector remained robust despite the financial impact of the coronavirus pandemic and the ongoing challenges linked to the energy and cost of living crises.
Affordability checks are expected to feature in the long-awaited UK gambling review white paper and the report found the implementation of tougher financial checks by BGC members in anticipation of them has led to reduced revenues.
