Gambling Commission: “Finance risk assessments are not affordability checks by another name”
The UK’s Gambling Commission has reiterated that its affordability solutions will have little to no impact on the vast majority of British bettors amid a wave of criticism.
Affordability checks, as they colloquially are known though the Commission prefers to avoid this term, have stoked a lot of controversy lately, with the Betting and Gaming Council (BGC) even going as far as to say legal action may be necessary to prevent full implementation.
In a speech this week at the Clarion Payments Providers event, Ian Angus, the Commission’s Director of Policy, reasserted that the planned Finance Risk Assessments (FRAs) are “are not affordability checks by another name”.
“Nor do the proposed thresholds for an assessment limit or cap customer spend,” he said.
Commission stands by affordability numbers
The need for some kind of affordable solution for UK gambling was promoted heavily by those calling for legal reform during the 2020-2023 review of the 2005 Gambling Act.
When the review Whi..