The UK Gambling Commission will proceed with financial risk assessments in a “careful, staged way,” beginning with a narrower first phase and no immediate enforcement action where operators fail to act on assessment results.
The UK Gambling Commission has announced plans to conduct financial risk assessments in a cautious and gradual manner. The initial phase will focus on customers over 25 years old and will be limited to the largest operators in the industry. Checks will be activated when net deposits surpass £5,000 ($6,682.5) within a specified period.
