Gambling White Paper Could Be Delayed Due to Prime Minister’s Resignation
The Gambling Act Review is with No 10 waiting for final approval. Boris Johnson has resigned and it could be further delayed. Chris Philp, the MP in charge of the G gambling act review resigned this week. The new Conservative leader could take until October. Gambler businesses are annoyed if the white paper is delayed further. 888 Group reduced the price of its acquisition of William Hill by £250m.
Gambling White Paper could be delayed due to Prime Minister’s resignation. The Gambling Act was introduced in 2005 and hasn”t been reviewed or amended since there is a heavy focus on online gambling.
Gambling White Paper could be delayed due to Prime Minister’s resignation. Online slots make up 72.5% of the total casino games‘ Gross Gaming Yield. Online casinos will be hoping for the latter. They forecasted losses for both outcomes. This stake limit change could lead to UK slot sites leaving the market.
Gambling White Paper could be delayed due to Prime Minister’s resignation. Speed of online slots will be amended. Autoplay feature will probably be removed. Maximum stake limit and seconds between spins will also be introduced.
Gambling companies have paid large amounts to secure sponsorship deals with football clubs. Everton signed a £10m deal with Stake.com and Manchester City signed one with 8Xbet. Crystal Palace are the only Premier League club to move away from betting sponsorships. The government's gambling review was supposed to be delayed, but it was removed due to lobbying efforts by the industry.
Gambling White Paper could be delayed due to Prime Minister’s resignation. Chris Philp was an advocate for the introduction of a Single Customer View (SCV). SCV would have allowed bookmakers and casinos to see how much a player has spent across all UK-licensed gambling sites. SCv probably won't be involved in the White paper. Mandatory affordability checks will be.
The Gambling White Paper is now finalised and ready to be reviewed. The current situation of the government means that it will be some time before it's released. Boris Johnson is said to remain in his position until October once the new Conservative leader has been appointed.