Sportsbook Gambling Law

Horse Racing Bodies Criticise GC’s Affordability Check Proposals

Under the new plan, operators will have to to act on the information they have about a player’s potential vulnerability.

Horse Racing Bodies Criticise GC’s Affordability Check Proposals
Horse Racing Bodies Criticise GC’s Affordability Check Proposals

In November, the UK Gambling Commission launched a consultation to gather feedback on its plans to introduce requirements for licensed operators. Under the new plan, operators will have to to act on the information they have about a player’s potential vulnerability.

This will include enforcing stronger requirements, such as defined affordability assessments at thresholds set by the governing body.

While there have been many mixed opinions on this safe gambling measure,  British racing bodies have spoken out on these proposals, saying they would have a ‘disastrous’ impact on the industry and its ability to bounce back and recover from the impacts of the pandemic. 

“A majority of our work, and of leaders across the industry, is currently focused on a range of financial issues that are vital to racing recovering from the impact of Covid-19,” BHA chief executive Julie Harrington said.

“We have to plan for a range of possibilities and are working with government and other sports on the return of spectators and owners as soon as that is possible.”

Announcements about the new plan were made around the same time Government proposed its review of the Gambling Act which came into force in 2005. Horse racing figureheads believe horse racing bodies should be working alongside lawmakers to help limit problem gambling while recognising the economic worth of the horse racing industry.

RCA chief executive David Armstrong said: 

“Racing is approaching the most critical period since the beginning of the pandemic. With external regulatory issues facing us in the form of the Affordability Review, the Gambling Act Review and Brexit, plus no immediate prospect of race-goers returning, the next six months will be the most crucial period on our recovery journey.”

Racehorse Owners Association chief executive Charlie Liverton added: 

“The effect of Covid-19 continues to impact British racing, both on and off the racecourse. The potential ramifications of government reviews including the Gambling Act and the Affordability Review are concerning.

“The return of owners to the racecourse remains a key objective, working with the RCA and BHA to open up racecourses to race- goers as soon as regulations allow.”


Powered by Froala Editor

igaming news
igaming
UK Gambling Commission
horse racing

iGaming News