Online Slots Could Face Restrictions with New UK Gambling Act
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The new UK Gambling Act is ready for a comprehensive review. The new legislation will improve upon the rules set by the 2005 G gambling Act.
New restrictions on betting for online slots are expected. This could lead to decreasing revenues for gambling firms. Flutter Entertainment owns Sky Bet and Paddy Power.
"We take problem gambling seriously, but let's also get this in a little bit of context. For millions of people every week, they enjoy a bet, it's a leisure activity, and it gives people a lot of pleasure. But for a small minority, gambling is not, for them. We need to make it safer for those people."
Flutter Entertainment is looking for a new Gambling Act. The government is trying to balance between individuals' freedom and protection for problem gambling. Former Labour MP Tom Watson recently joined Flutter as a problem-gambling advisor.
