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50).In the United Kingdom and a cross-bench set of Parliamentarians has reportedly called for a ‘root and branch’ overhaul of the nation’s online gambling market that could include the implementation of a maximum stake limit of only ￡2 (.According to a Sunday report from The Guardian newspaper, the plea from the all-party parliamentary group (APPG) on gambling-related harm was contained within an interim report published following its completion of a six-month review that had encompassed evidence sessions featuring operators and those with gambling problems....
com reported yesterday that the prospect of increased regulations immediately sent the share value of numerous British online gambling operators plummeting with GVC Holdings, which is responsible for domains such as Ladbrokes. It is not at all clear why the Gambling Commission is not looking at this as a matter of urgency.Famous faces:The newspaper reported that the APPG had featured prominent Conservative legislator Iain Duncan Smith as well as Labour’s Shadow Home Office Minister, Carolyn Harris, with its stake recommendation coming after the United Kingdom last year lowered the maximum ante for land-based fixed-odds betting terminals (FOBTs) from ￡100 (9) down to just ￡2....
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04) while William Hill, which runs the online casino and sportsbetting service at WilliamHill.Supplementary suggestions:The Guardian reported that the investigation from the parliamentarians moreover called for an end to the use of credit cards in online gambling alongside tighter restrictions on so-called ‘VIP accounts,’ which are frequently cited in cases where players run up huge debts as a result of being offered enticements such as complimentary bonuses or event tickets.”Protection plea:Duncan Smith, who served as leader of the Conservative party for two years from 2001, was nevertheless unimpressed and reportedly furthermore called for online gaming firms to simplify their terms and conditions while improving systems to identify and safeguard vulnerable people and children....
