Over the last few years, there has been a lot of talk about a shake-up of the UK online gambling industry, especially with a number of countries across Europe having raised the standards from a regulatory perspective.
The industry, on a wider scale, has become big business over the last couple of years, with major new markets having been introduced to the industry.
It is now understood that following a fresh review of the UK gambling industry, a white paper could well be published over the next few weeks, despite earlier indications that it could be delayed or shelved completely.
Government reshuffle contributing to the delay
It can be noted fairly that resignations within the UK government can be partially attributed for a delay in proceedings regarding the gambling review.
The initial consultation about this was over two years ago, though since then, the minister responsible for the review, Chris Phillip, has left his post, while the previous Prime Minister, Boris Johnson, subsequently resigned.
There is an understanding that the latter’s replacement, Liz Truss (pictured), is keen to activate the changes sooner rather than later. The new minister for the DCMS (Department of Culture, Media and Sport), responsible for the review, Michelle Donelan, is now putting plans in place.
Meanwhile, a spokesperson for FruityKing NZ has revealed the importance of the effects that the proposed gambling review could have: “Over the last few years, we have seen regulatory standards in other markets improve significantly – the Netherlands, in particular, is seemingly setting the pace.
“What this gambling review will likely do is provide further clarity about the dangers of online gambling and increase protective measures for the most vulnerable.”
What still remains to be seen, though, is when and not if a new white paper will be published. As Truss continues to adapt to life in No.10 – especially after her mimi-Budget was ripped up and newly appointed Chancellor Kwasi Kwarteng replaced within a matter of weeks – the PM will no doubt have set a timeline as to when this is going to be completed, with Donelan being a key figure for making this happen.
The online gambling industry in the UK continues to grow, with more and more brands launching every year like https://slotsfans.com/20-