New UKGC slot rules announced this morning

[Stepfan1]

New UKGC rules announced to come in by October this year:

Autoplay gone

All spins below 2.5seconds gone 

Any sound effects or graphics depicting a win that is equal or below stake gone 

All wins losses in any session must be clearly displayed

Gamble withdraw gone

It looks like it is all designed to bring in more control to the player but it looks like it will slow it right down for the slot streamers!

[Stepfan1]

Also gone:

• Features that speed up play or give the illusion of control over the outcome

Does this mean multiple choice bonus’ like Secret of the Stones are gone? I know any multiple choice outcomes are predetermined but it would hit games like that hard if this were the case, PnG would have to change the entire bonus.

[BlindHaze]

Interesting read. But I’m glad they’re changing the ‘celebrating losses as wins’ part as that’s always annoyed me.

https://www.bbc.co.uk/news/business-55899644

[Mentholdan]

2 hours ago, BlindHaze said:

Interesting read. But I’m glad they’re changing the ‘celebrating losses as wins’ part as that’s always annoyed me.

https://www.bbc.co.uk/news/business-55899644

Whaat??? That's the only time i get to be happy! 

[ghost22]

its not looking good for the uk gambling industry , the prof of wealth  is gonna result in massive change and i believe drive people to underground gambling which wont be regulated , lots of streamers are upping sticks and moving to the republic of ireland already . the 100 a month will be a killer for a lot of people . an article from the post by a pro punter / gambler / poker player 

 

Professional punter Neil Channing has warned of the potential "existential threat" to racing should stringent affordability checks on betting be imposed as a result of an ongoing Gambling Commission consultation.

Jim McGrath, the well-known racing broadcaster, punter and former Timeform chairman, has also spoken of his concerns about the imposition of new "one-size-fits-all" rules on betting.

The industry regulator's consultation on "remote customer interaction" includes enhanced affordability checks to tackle problem gambling. It raises the possibility of the introduction of a threshold on net monthly gambling loss of as little as £100, which would lead to customers having to provide evidence they could afford to lose more.

British racing's leaders have warned that could cost the sport £60 million in lost income from the levy and media rights.

Channing has been vocal in describing his fears about the possible consequences of the consultation, which he said could "have a big effect on the amount that people can gamble and obviously the funding of racing".

He added: "If they go with £100 a month I don't think it's an exaggeration by the companies to say turnover on horseracing would halve and that 37 per cent of customers would be affected by that.

"My reasons for talking about this, and for banging on about it quite a bit, was because I think horseracing literally might not exist because of this."

MPs with racecourses and racing interests in their constituency have been contacted by the sport to alert them to racing's concerns about the consultation, which is taking place separately to the government's review of the Gambling Act.

Chancellor of the exchequer Rishi Sunak, who has Catterick in his constituency, has contacted his cabinet colleague Oliver Dowden, whose culture department oversees gambling and racing, as a result.

 

 

However, Channing believes many in the sport are still unaware of the dangers it faces.

"I feel if you did a survey of Newmarket trainers and asked them to list in order the things they are most worried about, this would come really low down and it should be top on every single list," he said.

"People were quite surprised I said it was an existential threat and I don't think I was overegging the pudding at all. I definitely think it is."

He added: "I've heard plenty of people complaining about prize-money being down because of coronavirus, that is going to look like a holiday compared with what it might look like in three years' time if this stuff comes in."

McGrath said he believed the aims of the consultation were well-intentioned but that the onus should rest on betting operators.

He said: "I hope I'm a responsible punter and that if I suddenly started behaving oddly with the people I bet with regularly, somebody would turn round and say 'Are you sure you are happy with what you are doing?' I think in circumstances like that people are entitled to say that they are duty-bound to ask.

"The fact is that everybody's different and everybody responds differently. I think it is almost impossible to come up with a suitable one-size-fits-all solution, and I think if they try and do that they could run into quite a lot of resistance.

"The best way forward is to draw up a series of trigger responses that would enable operators to take action where they felt there was a need."

McGrath said he accepted there was a requirement for the issue to be looked at. However, he added: "I don't want to be treated as a problem when I know I'm not one. I would suspect thousands of punters feel the same way."

[Stormy]

The problem for horse racing is bookies have tacked gaming onto the sports book element of online gaming. Even the high street bookies model is FOBT's first. This is because online gaming, in particular slots, is hugely profitable.

Somehow horse racing needs to extract itself, otherwise it is going to be dragged into the mire.

[SoSamUk]

What’s gamble withdrawal? 

[Wolfeton]

1 hour ago, SoSamUk said:

What’s gamble withdrawal? 

I believe he meant to say banning reverse withdrawals?