Companies
Tuesday, 7/7, 01:37 PM
Britain to Run Financial Checks on Online Gamblers Losing More Than 1,000 Pounds
- Britain's Gambling Commission is rolling out 'financial risk assessments' that will quietly check online gamblers who lose heavily, with the most intensive review triggered by losses of more than £1,000 in a day.
- The regulator insists these are not spending caps but a light-touch way to spot financial distress, and the industry is watching for the hit to revenue.