License: Pexels, Free to use, Author: Marianna
Here are the main points of the most sweeping gambling reform in 18 years:
📌 Betting limits of $2.5 to $18.6 per spin, for vulnerable groups (18-24) limits can be cut in half. Limits also apply to all new accounts.
📌 Mandatory 1% tax on operators' income to fund the fight against cheating.
📌 Limiting advertising, with messages of harm to gambling becoming "stronger and more effective."
📌 The UK Gambling Commission will be able to block illegal operators directly through a request to an internet service provider.
📌 Protection for players "at risk" and accessibility checks: players must get on the regulator's books, provide proof of criminal record and income when spending £1000 in 24 hours or £2000 in 90 days.
📌 Restrictions on bonuses, prizes, temporary promotions and other marketing mailings.