UKGC wants affordability & Source of Funds check on signup!

Mr Wild

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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”.
"
 
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
 
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 )
 
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.
 
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:
 
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 ;)
 
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:
 
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:
 
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
 
... 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
 
... 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....
 
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.
 
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.
 
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.
Well I could have lots of income but poor credit, or stellar credit and no money
 
Well I could have lots of income but poor credit, or stellar credit and no money

Yes true....and to be honest it's not something I've thought through in great detail. What would a practical example of both of those above look like? I think lots of income and poor credit is the trickier of the two. If you have great credit then it suggests you are good for it.
 
Yes true....and to be honest it's not something I've thought through in great detail. What would a practical example of both of those above look like? I think lots of income and poor credit is the trickier of the two. If you have great credit then it suggests you are good for it.

I have decent income but I dont own CCs nor a home owner - and in the past for assorted reasons utilities have rarely been in my name, so my credit isnt fantastic

My mother on the other hand has absolutely fantastic credit - but is a senior on a limited income.
 
Don't see why people would object to pre- gambling 'vetting' but be fine with SoW checks.

I hate it just as much as the next man, but it's becoming quite apparent that money laundering and responsible gambling is viewed as the same anyway. If they're going to do these checks, may as well do them beforehand. Could have easily been ensnared in this vice years ago when unable to afford it, might actually do someone some good :cool:
 
... 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

Funny this was never apparent to us when it was your round.....:laugh:
 

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