Welcome, Guest: Join Nigeria Student Forum / Login / Trending Now / Recent Topics

Stats: 19,960 Members, 76,049 Topics, 16,143 Comments. Date: Feb 18 2020, 8:17 pm

SPECIAL: Gain Admission Into 200 Level To Study In Any University Via IJMB | CAMBRIDGE | JUPEB | NO JAMB | LOW FEES | Call 07063085343, 08086347092 To Register!
NSF Banner Ads NSF Banner Ads NSF Banner Ads
Emmanuel Fikayo

300Level, Nigeria.
A system that allows problem gamblers to block themselves from all UK betting websites in one go has finally been approved by the industry regulator, 18 months after it was supposed to be ready, the Guardian understands.

All gambling companies will be told to sign up to Gamstop, developed by the trade body for online casinos and bookmakers, as a condition of their licence to operate in the UK.

The Gambling Commission, which regulates the industry, is expected to announce the requirement as soon as this week, after satisfying itself that concerns about the scheme’s effectiveness have been dealt with.

Earlier investigations, including
by the Guardian , revealed flaws in the self-exclusion scheme which allowed problem gamblers to bypass self-imposed blocks.

In May last year, five months after Gamstop’s unofficial launch, the commission warned the industry trade body, the Remote Gambling Association (RGA), of specific failings in the system.

The commission said it was concerned that Gamstop did not synchronise its list of registered users with companies’ promotional mailing lists.
This meant that addicts who signed up in an effort to curb their habit might still be bombarded with direct marketing emails. Such promotional emails have been a common feature of several regulatory rulings against gambling companies including Sky Bet and LeoVegas.

In a letter obtained by the Guardian at the time, the commission’s executive director, Tim Miller, said he was “yet to see proper evidence of the effectiveness” of Gamstop. He told the RGA that it was “unacceptable that currently Gamstop does not interact with marketing lists in that way”.

Around 99% of gambling operators in the UK are understood to have committed themselves to using Gamstop already and those that do not will risk losing their licence to operate.
Users of Gamstop, which is up and running but does not yet have the backing of the commission, are believed to number in their tens of thousands already.

The Gambling Commission declined to comment on whether it was on the verge of approving Gamstop. “We have nothing further to announce on this at the moment,” said a spokesperson.

Official approval of GamStop comes amid a broader push by campaigners, the Labour party and even the commission itself to tighten up regulation of online gambling, after curbs were imposed on fixed-odds betting terminals (FOBTs) in high street bookmakers.
Measures under discussion include a ban on betting with credit cards .
Labour has called for legislation to replace the Gambling Act 2005, put in place by Tony Blair’s Labour government before an explosion of online casinos and bookmakers.
Regulator Approves Self-exclusion System For Problem Gamblers(photo - Sporting & Gaming

0 Like


Don't have an account? Use the form below to signup for a Nigeria Student Forum Account

E.g Seuncoded

I agree to the terms of service

Viewing this topic:
1 guest viewing this topic
NSF Banner Ads NSF Banner Ads NSF Banner Ads
Download the Ngstudentforum app for Android Devices

Disclaimer: Every Nigeria Student Forum member is solely responsible for anything that he/she posts or uploads on Nigeria Student Forum.
- Copyright © 2016 - 2020. All rights reserved.