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It was taken over by a consortium of racing owners and investors calling itself Alizeti Capital Limited in October of last year and is said to be eager to expand well beyond its traditional horseracing-focused market.”Possible protections:The Guardian reported that the enquiry could well result in iGaming operators licensed in the United Kingdom being obliged to introduce maximum stake levels in addition to monthly loss ceilings....
Although its business has purportedly been performing well since the behind-closed-doors resumption of the British racing calendar in June, the operator is nevertheless eager to enter a market that was last year estimated to be worth at least 0 billion.Industry unease:The Guardian reported that the upcoming review has prompted concern from numerous online casino and sportsbetting firms with the Betting and Gaming Council lobby group warning that the implementation of overly-strict rules may well fuel the emergence of a parallel market featuring negligible customer safety protocols. This is an essential element to ensuring the further growth and success of the Tote and increasing the role it can play in supporting British racing....
Such firms may purportedly moreover be required to begin performing enhanced player affordability checks and establish a new ‘single customer view’ policy where multiple firms would pool information on potentially vulnerable clients.’ She purportedly moreover proclaimed that the operator intends to use the fresh capital ‘for investment into the core platform on which we offer our digital racing pools product’, which will give it the added ability ‘to expand into other sports. This is an essential element to ensuring the further growth and success of the Tote and increasing the role it can play in supporting British racing....
