The British Horseracing Authority has raised objections to new affordability verification measures proposed by the UK Gambling Commission. The regulator plans to implement Financial Risk Assessments using a staged rollout across the sector.
Proposed Verification Structure
The Gambling Commission will introduce the checks through a phased framework. Initial verification procedures apply to designated operator groups before expanding to wider market segments. Assessment thresholds will be established alongside each implementation stage.
Industry Response
The BHA has registered concerns regarding the proposed verification system. Industry representatives note that the assessment structure requires alignment with established compliance protocols. The authority maintains that existing risk management procedures already cover player financial protection. Information regarding the regulatory proposal and industry response was reported by iGaming Express.
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