Need a laugh? Check out this story! The Sun & Metro reports on the UK gambling industry’s plans to place a max bet online slot stake limits! (Image by jorono from Pixabay)
The UK government is set to introduce stake limits on online slot games, ranging from £2 to £15, to protect problem gamblers and those at risk.
This is according to a report leaked by The Sun newspaper in the UK. Not a reliable news resource by any means.
It is a tabloid better known as a ‘Rag’ rather than for its accurate reporting of news. but its report hasn’t stopped the online casino rumour mill from reporting this news as fact.
Let’s just call it a paper that reports distorted truths and journalists as well as editors whose task is more entertainment than the actual story!
Following the Sun’s report, The Metro also released the same story saying but covered itself by stating that the alleged upcoming restrictions were a result of a leak to The Sun newspaper. And this is exactly what I am going to do too. ‘The Sun’ and ‘The Metro’ said it! All I am saying is The Sun sets the bar low when it comes to verifying a source so it can legally print what ‘it thought was true’.
All-in-all, the reporter (or editor) calls it a ‘leak’, which is a fancy word for regurgitating some underlying truths we already knew about to sell the story. It basically refers to the series of measures to reduce the harmful effects of problem gambling.
What changes could come? New tax on operators, tightened controls on free bet bonus offers, and data sharing among the industry. The UK government’s changes also address underage gambling and remove gambling logos from English Premier League club shirts. Whether this will also affect the UK online casinos no deposit bonus market, I really couldn’t tell you. So far the word ‘free bet’ referring to free sports bets is the only term being used.
Now that I have explained myself, and made it abundantly clear I don’t know if these figures are correct, let’s look at some of the figures reported.
- Max £2.00 Per Spin Limit (Under 25): The limit will apparently apply only to those under the age of 25. This will require some tweaks to UK gambling platforms to ensure they can enforce this rule. We have known for a long time that a limit on max spins for online slots is in the pipeline and £2.00 per spin matches the limits set by the UK on high street betting kiosks set back in 2019.
- Max £15.00 Per Spin Limit: The report states that anyone over the age of 25 can set bets up to £15,00 per spin. Personally, I don’t see this happening, but culture secretary Lucy Frazer is quoted as saying the limit could be anywhere between £2,00 and £15,00, which sounds about right.
- A new legal fund: The report mentions a new legal fund that online gambling companies will contribute to. The proceeds will go towards helping problem gambling. In fact this part we already knew about as the British and Council already reported its support for a mandatory levy on 3 April, and also made some suggestions on how to implement it.
Premier League Pioneers Change: Clubs to Phase Out Gambling Shirt Sponsorships
In a proactive move that coincides with the government’s upcoming update to gambling laws, the Premier League has called on its clubs to voluntarily phase out gambling sponsorships on shirts in an effort to reduce gambling advertising and avoid a potential government ban, and it seems they have unanimously agreed. This will mean half of the league’s teams with betting and gambling shirt sponsorships will phase out their partnerships with these companies. The new policy will take effect starting the 2025/26 season.Now the world’s top league is in consultations with clubs and the Department for Culture, Media and Sport. Together they are working with other sports to develop a responsible gambling sponsorship code.
Read the Metro Report Here: If you would like to go directly to source reporting ‘the leak’, I digress, then head over to the Metro newspaper report here. You can then navigate to The Sun’s report from here as the Metro reporter uses the tabloid as the source.
Summary
- Premier League clubs to no longer accept gambling sponsorships
- The move copies the current system being implemented in Australia
- By the 2025/26 season clubs will no longer be connected to gambling money
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