![]() “There is an element of uncertainty in the market at present,” he said. “An element of uncertainty in the market” In February it began a campaign to have bettors write to their local MP to warn of the checks’ effects, which is backed by the Betting and Gaming Council.įaulkner said that a lack of guidance on affordability checks had allowed the industry to make its own rules – resulting in a variation across the board. The racing sector in particular has frequently raised concerns about their impact on punters. “If they have concerns a customer might be trying to bet more than they can afford, it is advisable they refuse the bet.”Īffordability checks are a presumed part of the forthcoming Gambling Act Review white paper, a Whitehall document that will set out reforms for gambling in the UK. “Bookmakers have a legal responsibility under their operating licence conditions to minimise the risk of customers experiencing gambling harm,” Faulkner continued. ![]() “If a betting establishment asks a customer for financial information and they are unable or unwilling to provide it, the company is well within its rights to refuse to take their bet.”įaulkner emphasises that this is both a player protection measure and a licence condition for operators. “Since last year’s major racing events took place, we’ve seen a rise in bookmakers undertaking affordability checks and asking players to provide documentation such as payslips and bank statements to prove they can afford to gamble,” said Felix Faulkner, solicitor at Poppleston Allen. Affordability concernsĪhead of the event, gambling licensing law firm Poppleston Allen said that punters could encounter affordability checks when placing bets on Cheltenham this year – and could be turned away if they do not provide the appropriate documentation. ![]() In addition, 6% of those surveyed said they did not bet on Cheltenham last year but planned to do so this year, while 50% said they did not place a bet on the event last year and would not this year. It found that 11% of punters are gearing up to gambling more on Cheltenham this year than they did last year, compared to 10% who said they were planning to gamble less than they did at Cheltenham 2022.Ī total of 23% said they were planning on gambling around the same amount on the event year-on-year.
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