The Gambling Commission's CEO has explained the suggested financial checks that could be imposed in the aftermath of the UK Government's Gambling Act Review White Paper. The first official consultations for the proposed financial checks began in August, and will continue for another six weeks into October. If the player's expenditure is deemed modest, with a loss of £125 within 30 days, publicly available data will be used to undertake a light touch financial vulnerability check.
If the player loses £1,000 in 24 hours or £2,000 in 90 days, a thorough financial risk assessment will be performed.
If the player loses £1,000 in 24 hours or £2,000 in 90 days, a thorough financial risk assessment will be performed.
