At least they've clarified this applies to slots - there was rumours at one point the limit would apply to all bets (roulette etc) which would have caused a lot of headaches.
I doubt this one will achieve much - it's a fairly small percentage of the player pool in the first place, and those that have the funds to sustain regular play at £5+ stakes have probably already set sail for Curacao.
The one that is going to cause significantly more impact, is mentioned in a second article -
So Betty spending her tenner a week on the bingo may now be subject to an affordability check... this is going to get messy very quickly.
I doubt this one will achieve much - it's a fairly small percentage of the player pool in the first place, and those that have the funds to sustain regular play at £5+ stakes have probably already set sail for Curacao.
The one that is going to cause significantly more impact, is mentioned in a second article -
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As outlined inYou do not have permission to view link Log in or register now.the Commission proposed that ‘light checks’ be applied on customer net losses of £125 (without bonus funds) within a rolling 30-day period or £500 within a rolling 365-day period.
A higher level of inspection will be carried out on gambling accounts with losses greater than £1,000 within a rolling 24 hours or £2,000 within 90 days. The Commission endorsed evaluating whether “triggers for enhanced assessments should be lower for those aged 18 to 24”.
The implementation will begin at the higher £1,000/£2,000 threshold and then move to the lower threshold to ease the process of the Commission’s two-stage approach to testing customer affordability.
So Betty spending her tenner a week on the bingo may now be subject to an affordability check... this is going to get messy very quickly.