proposed affordability checks

Affordability Checks To Be 'Frictionless For Customers'

The affordability checks on lower-level gambling spend proposed in the Gambling Act Review White Paper will be streamlined as much as possible to minimise the inconvenience to the betting public, according to the British Horseracing Authority, who welcomed the news of the Paper's publication earlier on Thursday. The paper proposes a £125-threshold net loss within a month or £500 within a year and also states that the checks will be 'frictionless for customers and conducted online by credit reference agencies'. BHA Chief Executive Julie Harrington said, "The numbers around the...

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