UKGC wants affordability & Source of Funds check on signup!

Mr Wild

Experienced Member
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"
The Gambling Commission could require all operators to introduce a “customer due diligence” phase before letting new customers gamble, the regulator announced today.

The process would mean operators needed to verify their players through a series of checks on areas such as affordability and source of funds.

The UK regulator said the new measures were needed as “many failings arise because operators do not know enough about their customers at an early enough stage of their relationship”.
"
 

goatwack

Swingin' like Darryl Strawberry
CAG
It makes the most sense to do it beforehand anyway. Only questions remains is their criteria for eligibility. So unemployed people, low- income, self- employed etc will now be sweating profusely at their judgement :mad:
 

mcgameboy

RIP Rutger Hauer
CAG
mm2
It makes the most sense to do it beforehand anyway. Only questions remains is their criteria for eligibility. So unemployed people, low- income, self- employed etc will now be sweating profusely at their judgement :mad:
Is that your way of indirectly asking our friend Jono if his shirt has somewhat darkened in colour since he started reading this thread? :p
 

aceking123

Ueber Meister
PABnononaccred
CAG
MM
i think its a good idea & cut out a lot of bullshit from casinos & the key withdrawals , but it should be done under a threshold of £1000 in any calendar month if you pass this then you should supply the info , that would keep low rollers out of this although again this depends on what people would call a low roller )
 

colinsunderland

Experienced Member
webmeister
MM
Well, I think its quite harsh to ask everyone. A solution could be that anyone gambles for more than X amount would be required to supply source of wealth information.
Is your first post your opinion or have you read the report yourself, do you have a link to it please? Reason I ask is that I have found quotes like this about it elsewhere

“This would require players to be verified before they were allowed to gamble. We will also consult on requirements that would mean operators had to set limits on players’ spending which could only be increased once they had further verified information about the player, for example via an affordability check.”

Which is completely different to what the OP says.

Huge difference between have to do CDD before being allowed to gamble, and doing it at a point when spend goes over a limit.
 

Jono777

Meister Member
CAG
mm1
mm4
Is that your way of indirectly asking our friend Jono if his shirt has somewhat darkened in colour since he started reading this thread? :p
Status needs updating lol.

Pharmaceutical Despatch Administrator these days :)

PS: I'm actually proud of myself for pretty much staying in control for all these years, what with my £25 deposits and max bet of erm 0.40p, Could have sold the contents of my house, including the wife and Hi rolled but no, good boy me :oops:
 

Chipkin9

I'm not a Senior
Status needs updating lol.

Pharmaceutical Despatch Administrator these days :)

PS: I'm actually proud of myself for pretty much staying in control for all these years, what with my £25 deposits and max bet of erm 0.40p, Could have sold the contents of my house, including the wife and Hi rolled but no, good boy me :oops:
That's the classiest way I've heard someone describe themselves as a drug dealer...I'll have 2 Ounces of your finest coke please :laugh:

Just kidding btw, also I don't take drugs ;)
 

Jono777

Meister Member
CAG
mm1
mm4
That's the classiest way I've heard someone describe themselves as a drug dealer...I'll have 2 Ounces of your finest coke please :laugh:

Just kidding btw, also I don't take drugs ;)
Whoops, providing a joke when I didn't even mean to, must be good :p

That's really what my job is "Drug Dealer", the locals call me 'DD' lol

Work 2 split shifts, Mon-Fri - Daytime paper work and travelling to about 15 various Dr's surgeries and evening taking the actual meds to elderly / infirm - No boss on my back, not stuck in an office all day, can pull over for ciggie if I want, CD's blasting, cracking little job lol :thumbsup:
 

Chipkin9

I'm not a Senior
Whoops, providing a joke when I didn't even mean to, must be good :p

That's really what my job is "Drug Dealer", the locals call me 'DD' lol

Work 2 split shifts, Mon-Fri - Daytime paper work and travelling to about 15 various Dr's surgeries and evening taking the actual meds to elderly / infirm - No boss on my back, not stuck in an office all day, can pull over for ciggie if I want, CD's blasting, cracking little job lol :thumbsup:
Fair play...sounds great tbh.

Now if there was a night time job out there somewhere where you worked alone with zero interaction with other people; I'd be set. Otherwise I'm held back with severe Social Anxiety Disorder. Really would love to work instead of looking at the same 4 horrible walls all the time :oops:
 

KasinoKing

WebMeister & Slotaholic..
webmeister
PABnonaccred
CAG
MM
The Gambling Commission could require all operators to introduce a “customer due diligence” phase before letting new customers gamble, the regulator announced today.

The process would mean operators needed to verify their players through a series of checks on areas such as affordability and source of funds.

The UK regulator said the new measures were needed as “many failings arise because operators do not know enough about their customers at an early enough stage of their relationship”."
... so next time I go to the Meister Meet and wander along to one of the casinos in Leicester Square, I won't get through the door unless I can prove where the wadge of £20 notes in my pocket came from... :eek:

Why should online be any different to a high-street casino?
"Political Correctness" takes another step toward full insanity...

KK
 

Jd666

Riff Raff
CAG
mm4
... so next time I go to the Meister Meet and wander along to one of the casinos in Leicester Square, I won't get through the door unless I can prove where the wadge of £20 notes in my pocket came from... :eek:

Why should online be any different to a high-street casino?
"Political Correctness" takes another step toward full insanity...

KK
I can imagine poor little Bobby getting the third degree when he wants to change a quid into 2p's to play the pushers in Coral Island
 

SpinUk

Senior Member
PABnonaccred
MM
... so next time I go to the Meister Meet and wander along to one of the casinos in Leicester Square, I won't get through the door unless I can prove where the wadge of £20 notes in my pocket came from... :eek:

Why should online be any different to a high-street casino?
"Political Correctness" takes another step toward full insanity...

KK
Customs and Excise getting other people to do their dirty work....
 

vinylweatherman

You type well loads
CAG
MM
This might be an overreaction due to the continual shortcuts that leave players fighting to get their withdrawals due to something that was no problem when they were depositing away and losing. The new rules are STILL being sprung on players when they have made a withdrawal, and it invariably means they can't get their money until they have scanned and sent documents, obtained proofs of source, such as having to ask for bills and letters to be especially provided as the usual statements won't suffice.
The main thing this will achieve, overreaction it may be, is that no player should ever have to worry about further delays due to additional checks being sprung upon withdrawal.

The industry will hate it as it will also enforce a cooling off period between creating the account on the spur of a tempting advertisement or too good to be true spam email and being able to deposit and gamble away the money. It should at least persuade operators to have a 24/7/365 operation, rather than telling players waiting on a withdrawal that "It will be looked at first thing Monday morning". I bet they won't relish players wanting to deposit Friday night having to wait till Monday morning, even though they don't see any problems with players who withdraw Friday night having to wait 2 days before someone even decides whether and what verification checks need to be made before releasing it.
 

slotter999

Senior Member
This might be an overreaction due to the continual shortcuts that leave players fighting to get their withdrawals due to something that was no problem when they were depositing away and losing. The new rules are STILL being sprung on players when they have made a withdrawal, and it invariably means they can't get their money until they have scanned and sent documents, obtained proofs of source, such as having to ask for bills and letters to be especially provided as the usual statements won't suffice.
The main thing this will achieve, overreaction it may be, is that no player should ever have to worry about further delays due to additional checks being sprung upon withdrawal.

The industry will hate it as it will also enforce a cooling off period between creating the account on the spur of a tempting advertisement or too good to be true spam email and being able to deposit and gamble away the money. It should at least persuade operators to have a 24/7/365 operation, rather than telling players waiting on a withdrawal that "It will be looked at first thing Monday morning". I bet they won't relish players wanting to deposit Friday night having to wait till Monday morning, even though they don't see any problems with players who withdraw Friday night having to wait 2 days before someone even decides whether and what verification checks need to be made before releasing it.
What do you think about the idea that credit checks could be used to meet this potential requirement? It seems like a fairly obvious solution to me albeit one which is unlikely to be well received by players.
 
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