2021 Update on betting laws

There has been a push in recent years for tighter regulation in the UK gambling market.

The 2005 Gambling Act served to loosen restrictions and cast gambling as more of a mainstream pursuit.

However, since then, the rise of online betting and constant access to gambling through our smartphones has led for calls to change UK betting laws, due to the potential rise in problem gambling.

High profile footballers have come out in recent years to add weight to the argument that there is a problem.

The most high-profile change to UK betting laws being considered is a ban on sports sponsorships, which will mean that betting companies will no longer be able to place advertising on sports jerseys.

This isn’t the only change being considered, however. There have also been calls to place a limit on the stakes that can be placed with web-based casinos.

A £2 limit was placed on bets with fixed-odds betting terminals (FOBTs) and there has been a push to place a similar limit on the web-based casinos.

Affordability checks are also a possibility, where players will need to demonstrate how much money they can afford to lose before they will be allowed to play.

In-play betting is another potential area that could be changed. In-play betting allows players to make fast bets while they are watching a game.

So they can bet on events that are about to happen during the game, rather than only being able to place a bet before the game begins.

In Spain, these bets can only be made using funds that are already present in the account at the time the game began. And something similar could be brought in for the UK.

UK betting firms are concerned that these changes will serve to reduce revenue, but the hope is that the changes will help players to gamble responsibly and provide support to people who are at risk of developing a gambling problem and/or to restrict any losses that can arise from problem gambling.

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