25.092018Could the Gambling Laws be Changing in the UK?
The UK has some of the most liberal gambling laws in the world and it’s thanks to previous Labour governments that these laws exist. But the new Labour government has voiced concerns about these laws and could be preparing to change them. In fact, there are suggestions that these changes cold be made whether Labour get into power or not, as it seems that there are many dissenters in the current government as well.
Why Is There an Issue?
The issue seems to stem from Fixed Online Betting Machines, which exposed a lot of the general public to the risks and the dangers of gambling addiction. These machines made a lot of money for the gambling companies, and helped to fill the government coffers, but there is an increasing belief that the country loses more because of gambling addiction and the societal and health issues it brings.
Gambling is not only widespread and easily accessed, but it’s also advertised during day-time sporting events, which means that all ages see it and think of it as the norm. According to recent reports, this culture is responsible for an increase in problem gambling, with nearly half a million suffering from this issue, over 25,000 of which are actually under the legal gambling age.
What Will the Changes be?
It remains to be seen whether there will be any changes, but in September 2018 there were a number of damning reports and claims, and these could set the wheels in motion. It seems unlikely that gambling will cease to be legal, but there is a high chance that further limitations will be placed on advertising and licensing.
And because the focus is on problem gambling and underage gambling, we could also see tight controls and age restrictions, with the government potentially forcing gambling sites to monitor activity and to warn players who lose a lot of money in a short space of time.
Whatever changes take place, it’s fair to say that it will have a big impact on the profitability of online gambling sites in the United Kingdom, and may cause another exodus of these sites leaving the UK market.
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