A debate will also take place in the Parliament Petitions Committee next week on Monday regarding a petition relating to financial risk checks for gambling.
Financial risk checks and online slot stake limits were part of the proposed regulations for the UK gambling industry set out in the government’s white paper, published in April last year.
According to The Guardian, the DCMS will impose new stake limits for online slots on Friday, with a limit of £2 for under-25s and £5 for anyone 25 or over.
These are different limit figures than the ones suggested in the government’s consultation published in April last year of between £2 and £15.
The white paper noted that setting the limit at the range’s midpoint – £8.50 – would reportedly cost the gambling industry up to £185m. However, limits of £2 and £5 wo..