Reactions pour in on RET levy and online slot stakes

The UK Government has revealed its plans for the statutory levy and online slot stake limits, ushering in a new era of protection and compliance for UK gambling.

The new RET Levy statutory measure will ensure that £100m in annual funding will be allocated to projects, initiatives and organisations dealing with the treatment and prevention of gambling harms.

We are examining how the industry has reacted to such key developments with the need for clarity and further scrutiny continuing.

Labour
Stephanie Peacock
Stephanie Peacock, the Labour Government’s Minister for Sport, Media, Civil Society & Youth, has released a ministerial statement on the statutory levy and the online slot stake limits.

Peacock described the current funding system for research, prevention and treatment of gambling-related harms as “no longer fit for purpose”, noting that while there has been an uplift in donations in recent years, the “quantum of funding is not the only requirement for an effective and equi..

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