UKGC executive director Tim Miller used a colorful analogy to push back against what he called a widespread mischaracterization of financial risk assessments.
Miller, one of the regulator’s most senior executives, said [Tuesday] that opponents of the proposed checks had deliberately mislabeled them as affordability checks to stir up opposition, and insisted the assessments contained no element of affordability testing whatsoever.
His remarks were made at the first Ethical Gambling Forum to be held in Great Britain, where financial risk assessments were a significant topic of discussion.
The checks, originally proposed in the 2023 Gambling Act white paper, would use credit reference data to identify customers who may be in financial difficulty, and the Commission recently concluded a pilot of the scheme.
