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UKGC reports frictionless results from financial risk assessment trial

Regulation

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.

Operators may need to prepare for possible assessments, but permanent implementation remains undecided.

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Regulation

BGC criticises UK Gambling Commission’s financial risk assessment plans

The Betting and Gaming Council criticised the UK Gambling Commission’s planned financial risk assessments for higher-spending customers. Chief executive Grainne Hurst said questions remain about data reliability, consumer effects and how the checks will work, and argued that the Commission has not published a full evaluation of its pilot. The Commission has announced working groups to support implementation, according to the report.

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