“Light touch” financial vulnerability checks for gamblers will come into force from August, the regulator has confirmed. Checks will initially come into force for online gambling customers spending £500 [$627] a month from August 30, before reducing to £150 [$188] a month from February 28 next year, the Gambling Commission said.
It said the move would help to identify acutely financially vulnerable online customers, such as those subject to bankruptcy orders or with a history of unpaid debts.
The checks would only use publicly available data and would not require gambling operators to consider an individual’s personal details such as postcode or job title.
The Government’s White Paper on gambling reform proposed that “enhanced financial checks” would be triggered by a spend of £1,000 in 24 hours or £2,000 in 90 days.
