Thursday 30 June 2022 12:42 AM Warning on gambling shake-up as key demands are to be watered down, sparking ... trends now
View
comments
Long-awaited curbs on gambling are set to be watered down, causing fury for industry campaigners.
former Tory leader Sir Iain Duncan Smith told the Daily Mail: 'These are companies that make a shed-load of profit.'
A mandatory levy on betting companies, which would pay for vital addiction treatment, is at risk of being dropped from proposals expected in the coming weeks.
Firms would be allowed to continue with voluntary contributions, albeit with a ‘significant uplift’, sources have said. Sponsorship in sport may also be allowed to continue unabated after a backlash from football clubs over plans to ban gambling adverts on shirts.
And while bookmakers will be forced to carry out financial checks on punters, the amount they can spend unchecked has not yet been agreed. However, in one victory for campaigners, online casino stakes will be capped at between £2 and £5 – putting them in line