The demand was underscored by BHA CEO, Julie Harrington, following Monday’s parliamentary debate concerning affordability checks, as proposed by the Gambling Review’s White Paper – a discussion tabled by UK Racing stakeholders.
MPs were implored to abandon the UK Gambling Commission’s (UKGC) endorsed plans to adopt mandatory affordability checks on player accounts that experience a net loss of £125 a month or £500 per year, and establish a further threshold for accounts that incur losses exceeding £1,000 within 24 hours or £2,000 within 90 days.
UK Racing voiced its apprehensions on Monday, asserting that such checks could potentially deplete its finances by up to £50m annually over the ensuing five years, consequently precipitating substantial job losses in rural areas.
Harrington emphasised the imp..
