BGC Response to Online Stakes Announcement
Michael Dugher, Betting and Gaming Council CEO, said: “We welcome the Government’s decision on new stake limits for online slots games, which provide enhanced protections for young people.
“The BGC supported the Government’s intention to reform stake limits and we fully engaged in the consultation process and the discussions with Ministers that led to these proposals.
“It is important to recognise that measures like this come with a cost to our members and impact their customers. Nothing in the White Paper should be viewed in isolation, but instead seen as a total package, and I would urge Ministers and the regulator to remain mindful of the overall impact all these changes make for BGC members. We must avoid customers drifting to the unsafe, unregulated black market online if we don’t tread carefully and get the balance of regulation right.”
