Slot Games in GB to Receive Betting and Deposit Limit, Suggests a New Report
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Report suggests mandatory betting limits and deposit limits for online slot games in Great Britain.
Report by the Social Market Foundation suggests a mandatory betting limit for online slot games between £1 and £5 in Great Britain and a limit of £100 per month on net deposits. The report was created by Dr James Noyes, a former advisor to Tom Watson, ex-Deputy Leader of the Labour Party and the Researcher Jake Shepherd.
Report is designed to be a practical roadmap of first principles for the reform of gambling regulation and the industry.
GB government has described the need for an "analogue Act" in line with the "digital age". The report proposes changes in five key topics:Gambling content, Licenses for gambling, Gambling tax, The regulatory framework for online gambling and Slot Games.
Report proposes betting and deposit limits for online slots in GB. It also suggests a limit of £100 per month on deposits. It is also suggested that non-slot content should receive limits on game design. The report is titled "Betting and Deposit Limits for Online Slots in Britain".
The proposed weekly threshold is high enough to protect everyone, including those on low income.
The report proposes changes in terms of gambling licensing, tax and regulatory framework. It proposes the introduction of mandatory kitemarks for all licensed operators and a new Gambling Licensing Authority. The NHS would be responsible for Research, Education and Treatment through a statutory levy. The Department for Digital, Culture, Media and Sport would oversee advertising, the Lottery and cultural and sports events related to gambling.
