UKGC postpones financial risk assessments decision
After a board meeting on May 21, the UK Gambling Commission announced that it will be postponing the final decision on the implementation of affordability checks in the form of financial risk assessments.
The goal of the FRAs is to introduce harm-prevention tools and identify risky gambling behavior as part of the UK’s Gambling Act white paper reforms of 2023. The commission has also stated that the checks aren’t designed to restrict spending, as the government is looking to only flag vulnerable players and support those experiencing financial issues.
A spokesperson from the UKGC commented:
“The Gambling Commission Board met yesterday to consider next steps on Financial Risk Assessments. It was presented with extensive evidence base but has not yet fully completed its assessment of that evidence. We will communicate further in due course.”
During the trial period, FRAs were triggered when users deposited more than £1,000 in 24 hours or £2,000 during 3 months, but some reports have indicated that even in cases with lower deposits, players were required to prove their financial capacity, which led to criticism from industry stakeholders. Just days before the board meeting, the BGC threatened to legally challenge the UKGC over the affordability checks.
Additionally, a group of Parliament Members sent a letter to the Secretary of State for Culture, Media, and Sport, Lisa Nandy, stressing that the measure would hit the horse racing industry and push players towards the illegal market.
A clear timeline for announcing the final decision on the affordability checks hasn’t yet been set by the UKGC.
With a degree in politics & governance, research and writing has always been a strong side of mine. With AffPapa, I use my skills to present to the reader the latest news, articles, as well as interviews with industry representatives from the iGaming sphere in the most exciting but at the same time informative manner.


















