In the United Kingdom and a prominent cross-party think-tank is reportedly set to that the nation’s online gamblers are not allowed to lose more than £100 ($131) a month without first undergoing a strict set of new affordability checks.
This monthly ‘soft cap’ proposal from the Social Market Foundation comes at a time of growing clamor for the government to alter how the British iGambling industry is regulated following a recent string of high-profile stories concerning those suffering from an addiction to gambling.
The think-tank is also due to push for the iGambling industry to be regulated much more like its land-based counterpart via the imposition of singe stake limits on online slots that could begin from as low as £1 ($1.31).
This move would purportedly echo last year’s drop of the maximum stake for a fixed-odds betting terminals (FOBTs) from £100 down to £2 ($2.62) and help bettors to avoid financial difficulties that are often associated with potentially compulsive behaviors.
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