NEW LOCATION

Olá Brazil Brazil NVMe-powered VPS Plans in Brazil Now Available.

Deploy Instantly
  • +357 2425 0808
  • Login
  • English

Home

Blog

UKGC makes recommendations to FOBT...

UKGC makes recommendations to FOBT

UKGC makes recommendations to FOBT

NetShop ISP

NetShop ISP · Blog Author

Mar 19, 2018 · Archive

The UK Gambling Commission (UKGC) published today 19/3 a list of recommendations to support the government with its review of fixed-odd betting terminals (FOBTs).

According to the national regulatory body that the recommendations have the aim to reduce the risks “consumers, especially those that are vulnerable, face from gambling”.

The UKGC it self as well as the operators said its advice also make its clear that action from the government is required.

While non-slot games such as roulette should have a maximum stake of £30 one of the key points from the recommendations include FOBT slot stakes to be limited to £2 (€2.27).

Furthermore the UKGC said these limits should have a “significant effect on the potential for players to lose large amounts of money in a short space of time”.

Neil McArthur, chief executive of the UKGC, said: “We’ve put consumers at the heart of our advice – advice which is based on the best available evidence and is focussed on reducing the risk of gambling-related harm.

“In our judgement, a stake cut for Fixed Odds Betting Terminals alone doesn’t go far enough to protect vulnerable people; that is why we have recommended a stake cut plus a comprehensive package of other measures to protect consumers.

“We have proposed actions that will tackle both the risk of harm and provide solutions that are sustainable in the longer term.”

Press Releases
79

Free VPS Trial

No Credit Card Required.

Recent Posts

Black Friday & Cyber Monday Offer – 30% Lifetime Discount on VPS Plans

Black Friday & Cyber Monday Offer – 30% Lifetime Discount on VPS Plans

02 December, 2024

How To Install Sendy on Ubuntu 22.04 Server

How To Install Sendy on Ubuntu 22.04 Server

27 November, 2024

How To Extract Certificates and Private Key from .PFX file

How To Extract Certificates and Private Key from .PFX file

19 November, 2024

NetShop ISP CEO Stefano Sordini to Moderate Key Panel on Forex AI Automation at Cyprus Fintech Summit 2024

NetShop ISP CEO Stefano Sordini to Moderate Key Panel on Forex AI Automation at Cyprus Fintech Summit 2024

15 November, 2024

Preparing for the Daylight Saving Time (DST) Change: Essential Updates for MetaTrader 4/5 Platforms

Preparing for the Daylight Saving Time (DST) Change: Essential Updates for MetaTrader 4/5 Platforms

25 October, 2024

#letushostyou

Award Winning Hosting Provider established in 2004.

120 Faneromenis Avenue, Imperial Tower, 2nd Floor, Larnaca 6031, Cyprus

Products

Bare Metal Servers

Customized Servers

Virtual / Cloud Servers

Forex VPS

Storage VPS

cPanel Web Hosting

Reseller Web Hosting

Colocation

Addons

Premium DNS

Email Hosting

Cloud Backup

DDoS Protection

Licenses

SSL Certificates

Domain Names

Premium SLAs

About Us

Data Center Locations

Looking Glass

Our Company

Contact Us

Careers in Cyprus

Become a Partner

Awards

Certifications

© 2024 S.S. NetShop Internet Services Ltd. All rights reserved.  Terms & Conditions  |  Privacy Policy
CY Reg. Number: HE 217340 | EU VAT Number: CY10217340J

Visa
Mastercard
PayPal
Bitcoin
Tether
Ethereum
Litecoin
Wise
Revolut
Wire Transfer