Online gamblers betting more than £1,000 to face new checks BBC News
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Initially, they will only apply to the largest gambling companies . The Betting and Gaming Council, which represents gambling firms, said it was “disappointed and frustrated” with the changes, which they said could push customers towards the black market. The assessments will be based on data held by credit reference agencies, but the commission has insisted they are not “affordability checks”. Gamblers who spend more than £1,000 online in a 24-hour window will have to undergo a financial risk assessment, the industry regulator has announced.
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If a protected group is overrepresented in the gambling population, then it will be disproportionately impacted. HMRC customer experience is expected to remain broadly the same as this measure does not alter how individuals interact with HMRC. In response, some individuals could choose to gamble less, switch to alternative gambling activities or gamble through the illegal gambling market. Where this date falls part-way through an accounting period, the increased rate will be charged only on the profits that arise between 1 April 2026 and the end of that accounting period. The new duty rate of 40% will apply for accounting periods that begin on or after 1 April 2026 and will be chargeable on profits on remote gaming from that date onwards.
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Where it saw individuals or companies not licensed in Britain, illegally interacting with British consumers, it said it would act to close them down. The commission said it had suspended the operating licences of two operators who initially failed to sign up to Gamstop, external. Steve said systems set up by gambling companies to protect customers were purely “tick-box exercises” but “99% of operators” were covered by Gamstop. “If a compulsive gambler wishes to gamble online, they will find a way.” Gamblers Anonymous said it did not remove the temptation by stopping using credit cards when gambling.
