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UK Gambling Commission delays Financial Risk Assessment decision

Regulation

The UK Gambling Commission postponed its decision on fully implementing Financial Risk Assessments after its board met on 21 May. The commission said it had reviewed an extensive evidence base but had not completed its assessment, and would provide an update in due course.

Operators face continued uncertainty over whether and when the proposed assessments will be implemented.

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Regulation

UKGC reports frictionless results from financial risk assessment trial

The UK Gambling Commission reported results from its financial risk assessment pilot in the UK, with policy director Ian Angus saying fewer than 3% of active customers would prompt operator intervention under current proposals. Of that group, 97% could receive a frictionless assessment, while about 0.1% of active accounts would not. The UKGC board will decide whether to implement the assessments permanently.

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