What does the future hold for UK gamers?

[deleted20230517]

They have a financial obligation in regards, of money laundry. Because of that alot of restrictions are imposed because they can get fined boatloads of money for making a mistake. Would you as a business take that risk? This pretty much implies to everything; such as banks and stores who suddenly stopped accepting cash and going a electronic payment only. It's so stupid.

As for the gambling industry; that was pretty much near it's end already. It was being exploited to large that in every corner of your street you have gambling. You listen to radio, watch TV or surf the internet, it's gambling. There's a growing selection of people in the UK alone who have'nt even passed 25 of legal age and through their neck in financial debts, due to gambling.

Something needed to be done if you ask me.

 

[cncas2123]

Gamstopped yesterday for six months , final straw for me was having to go through hoops to try and get a withdrawal and getting stalled and blocked at every turn. A week later and still no sign of it so looks like casinos can do what they want and the UKGC still turns a blind eye.No fun any longer and time to pull up sticks .

 

[Jono777]

Something tells me we'll be seeing a few more posts like this from established members in the next 6 month's or so

They have sucked the life from a once stress free past time, not only that they'll not stop there and grind the bones of the lifeless corpse to dust.

 

[Valhalla]

Gamstopped yesterday for six months , final straw for me was having to go through hoops to try and get a withdrawal and getting stalled and blocked at every turn. A week later and still no sign of it so looks like casinos can do what they want and the UKGC still turns a blind eye.No fun any longer and time to pull up sticks .

That is the way a lot of people are going to go, out of sheer frustration.
The UKGC are rapidly killing the UK gambling industry.

 

[shadow123]

Think the rot started to set up when FOBT,S were introduced and that was entirely down to successive goverments, happy
to see every high street transformed into a mini Vegas strips with new bookies being opened just to operate them.
The bookies made a fortune and the treasury were very happy with their slice (they tried to extend the stake reduction date on roulette).
No one gave a flying **** about problem gamblers as long as the money kept rollling in.
Stories started to appear about how many people were become problem gamblers often popping into the bookies after
being paid to have a few bob on the roulette machines and walking out skint.In the end it was decieded (rightly in my view)
that action had to be taken and the stakes reduced.
Since then gambling has been stigmatized and everyone who partakes is seen as a potential addict,everyone is made
to feel guilty and every action in online casinos is monitored.Think the over regulation is partly down to governments distancing
themselves to the harm they caused in the past creating problem gamblers who have migrated from the bookies to online.

 

[Gullywino]

It's understandable that you feel frustrated with the increasing regulations and restrictions on UK-licensed casinos. While the aim of the UKGC is to create a safer and more responsible gambling environment, it can feel like the fun is being taken away from players.

The changes in regulations are driven by a number of factors, including concerns around problem gambling, the rise of gambling addiction, and the impact of gambling advertising. The UK government and the UKGC have a duty to protect consumers and ensure that gambling is conducted in a safe and fair way.

While it may seem counterintuitive, the aim of the regulations is not to generate more income taxes from gambling, but to prevent harm to individuals and society as a whole. The UKGC is committed to ensuring that gambling is conducted in a way that is fair, transparent, and responsible.

It's important to note that the UK is not alone in regulating online gambling. Many other countries, including those in mainland Europe, have introduced similar regulations in recent years. While it may be frustrating for players, these regulations are intended to create a safer and more responsible gambling environment for all.

Ultimately, it's up to each individual to decide whether or not to gamble, and how much to spend. While the regulations may make it more difficult to gamble in the UK, they are designed to protect those who are vulnerable and prevent harm to individuals and society as a whole.

 

[goatwack]

That's strange, because the UKGC's methods thus far haven't appeared to be fair, transparent or responsible.

I'd say they've acted more like careless, unfair, nannying, trite and stringent. Maybe that's just me

 

[satchnz]

@Gullywin - Assuming your location (India) is accurate, maybe you should spend some time gambling in the UK market before schooling us on how well the UKGC is treating us here.

 

[goatwack]

It does smack a little of a party political broadcast on behalf of the UKGC Party. Using ChatGPT

 

[OliverCooper]

I didn’t delve into the situation so much but I hope that there will be less and less restrictions for the UK

 

[slot_zombie]

It does smack a little of a party political broadcast on behalf of the UKGC Party. Using ChatGPT

It has a "style" all of its own, doesn't it...

The post building is on hold

 

[Jono777]

I didn’t delve into the situation so much but I hope that there will be less and less restrictions for the UK

Quite the opposite is going to happen I'm afraid

If you're a once/twice a week £15-£20 depositor who plays at 10p/20p spins you should be ok, anything else, expect some more restrictions.

I'd list some here but don't want to give them any more bad ideas.

 

[judgenico]

feels a bit strange saying it but i actually feel a bit for the operators i,ll give you a recent example,pokerstars have just imposed a £200 a month deposit limt on me unless i can prove to them i can afford it,well synopsis is i just said to them im not prepared to show any more documents as i feel its now too intrusive i,ll just take the rest of my play elsewhere i mean whats the point, the casino having to pander to ukgc requirements have just lost my buisness.

 

[Valhalla]

@judgenico I don't blame the operators either. They are a business trying to make money, but are being hamstrung by the very licensing regulator they are forced to answer to. You can bet your bollocks there would be no deposit limits whatsoever, or barely even a KYC request, and certainly not any SOW nonsense if they didn't have to do it.

Some aspects are good (withdrawal reversing abolished), but almost every other rule or regulation brought out has made the experience worse for both casino and customer. As much as I can see players turning away in their droves, casinos will simply stop serving the UK market altogether.

 

[goatwack]

You'd think the Government would view the gambling sector's revenue as important as that of smokers, and likely with similar thinking behind it too.

Whilst smoking's on the wane, they'll continue to charge those that partake ever-increasing prices, safe in the knowledge that there'll always be a core component of 'tobacco enthusiasts' willing to bend the knee.

Pretty sure the UKGC and their ilk think of gamblers along the same vein, hardened vice-seekers that'll tolerate these killjoy amendments to their pastime without a hitch, making up the loss of revenue with the odd giga-fine dished out to any bookie found in breach of their 'regulations'.

Except that they may have overestimated gamblers' ability to adapt and seek pastures new. And when that income stream really dries up, it'll be interesting to see how these governing bodies go about attempting to bring those gamblers 'back' as it were, the nitwits

 

[OliverCooper]

Quite the opposite is going to happen I'm afraid

If you're a once/twice a week £15-£20 depositor who plays at 10p/20p spins you should be ok, anything else, expect some more restrictions.

I'd list some here but don't want to give them any more bad ideas.

The realist in me agrees with you but the optimist still believes in a miracle that this can change

 

[Cicadasinthetrees78]

@judgenico I don't blame the operators either. They are a business trying to make money, but are being hamstrung by the very licensing regulator they are forced to answer to. You can bet your bollocks there would be no deposit limits whatsoever, or barely even a KYC request, and certainly not any SOW nonsense if they didn't have to do it.

Some aspects are good (withdrawal reversing abolished), but almost every other rule or regulation brought out has made the experience worse for both casino and customer. As much as I can see players turning away in their droves, casinos will simply stop serving the UK market altogether.

Yeah, that’s fantasy. If you don’t think operators love it that they can boot sharp, arbitrage, value, gnome and problem gamblers under one umbrella freely, I dunno what to tell ya. They work hand in hand with the UKGC.

 

[Valhalla]

Yeah, that’s fantasy. If you don’t think operators love it that they can boot sharp, arbitrage, value, gnome and problem gamblers under one umbrella freely, I dunno what to tell ya. They work hand in hand with the UKGC.

You think a solely money-making business wants to restrict the amount of money their customers can spend?
If it weren't for the UKGC the casinos would have:

No deposit limits (daily, weekly, monthly).
Withdrawal pending times.
Reverse withdrawal availability.
I sincerely doubt they would care about SOW.

 

[irish-ranger]

You think a solely money-making business wants to restrict the amount of money their customers can spend?
If it weren't for the UKGC the casinos would have:

No deposit limits (daily, weekly, monthly).
Withdrawal pending times.
Reverse withdrawal availability.
I sincerely doubt they would care about SOW.

Yes and don't forget the old classic breach of bonus terms, because you made a 20 quid deposit and had 1p left from a previous bonus then go on to hit a treble wild line on doa2 and the win is voided due to playing a restricted slot..

 

[Cicadasinthetrees78]

You think a solely money-making business wants to restrict the amount of money their customers can spend?
If it weren't for the UKGC the casinos would have:

No deposit limits (daily, weekly, monthly).
Withdrawal pending times.
Reverse withdrawal availability.
I sincerely doubt they would care about SOW.

Like you said, it’s a money making business. Think there’s a lack of understanding how bookmakers operate. Fuck, they barely book anymore, it’s outsourced to someone else setting the odds and max risk liability is set by algorithms. Set aside the thing of problem gamblers, the broad restrictions close the loop on most long term winners. Books take a hit on casino play but it’s -EV anyway, sports betting is only way they bleed.