Liberalising Archives - Keno Wizard https://kenowizard.com/tag/liberalising/ The Ultimate Keno Destination for Odds, Tips & Tricks Tue, 21 May 2024 11:06:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://i0.wp.com/kenowizard.com/wp-content/uploads/2023/02/cropped-keno-wizard-icon.png?fit=32%2C32&ssl=1 Liberalising Archives - Keno Wizard https://kenowizard.com/tag/liberalising/ 32 32 230792155 UK to Implement Liberalising Measures for Gambling Venues in 2024 https://kenowizard.com/2024/05/21/uk-to-implement-liberalising-measures-for-gambling-venues-in-2024/ https://kenowizard.com/2024/05/21/uk-to-implement-liberalising-measures-for-gambling-venues-in-2024/#respond Tue, 21 May 2024 11:06:18 +0000 https://kenowizard.com/2024/05/21/uk-to-implement-liberalising-measures-for-gambling-venues-in-2024/ The United Kingdom is set to introduce a series of liberalising measures aimed at enhancing the appeal of land-based gambling venues such as casinos, bingo halls, and arcades. This initiative is part of a broader strategy to ensure these establishments remain competitive with the rapidly expanding online betting and gaming sector. In a written statement [...]

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uk-to-liberalise-rules-for-gambling-venues-in-light-of-online-growthThe United Kingdom is set to introduce a series of liberalising measures aimed at enhancing the appeal of land-based gambling venues such as casinos, bingo halls, and arcades. This initiative is part of a broader strategy to ensure these establishments remain competitive with the rapidly expanding online betting and gaming sector.

In a written statement to lawmakers on Thursday, Minister Stuart Andrew highlighted the necessity of updating “the outdated and overly restrictive regulations” that currently govern land-based gambling. The objective is to align these venues more closely with modern payment practices and consumer behaviors.

Changes to Apply to Debit Card Payments Ban

One of the key changes will be the removal of the ban on direct debit card payments for gaming machines. This adjustment acknowledges the significant increase in the use of non-cash payments and aims to simplify transactions for players. Alongside this, the government will introduce new player protection measures to ensure responsible gambling practices are maintained.

Additionally, the reforms will allow certain casinos to increase the number of gaming machines they offer. Bingo halls and arcades will also benefit, with permission to host a higher number of larger stake gaming machines. These changes are designed to make these venues more attractive to patrons by offering a greater variety of gaming options.

Updating Fee Structure for Gambling Premise Licenses

An important aspect of the reforms is the adjustment of the maximum cap on fees that authorities can charge for gambling premises licences. The cap will be increased by 15%, addressing a fee structure that has remained unchanged since 2007. This update is intended to provide local authorities with more resources to manage and regulate gambling establishments effectively.

In the government statement, it was emphasized that these measures aim to support the land-based gambling sector while modernizing current restrictions. “Together we believe these measures will support the land-based gambling sector and modernise the current outdated restrictions, as well as helping to protect young people and supporting licensing authorities,” the statement read.

These proposed changes follow a series of reforms introduced a year ago targeting the online gambling industry. Those reforms included new online stake limits and enhanced affordability checks to combat problem gambling. The government’s approach underscores a commitment to balance the growth of both online and land-based gambling sectors while ensuring robust player protections are in place.

Reforms to Attempt to Revitalize the Land-Based Sector

The modernization of regulations for physical gambling venues is seen as a necessary step to keep up with technological advancements and shifting consumer preferences. By embracing these changes, the government hopes to revitalize the land-based gambling industry, making it more resilient and adaptable in a rapidly evolving landscape.

As the UK gambling sector continues to evolve, these liberalising measures are expected to provide a much-needed boost to traditional gambling venues. By addressing outdated regulations and enhancing the variety and convenience of gaming options, the government aims to foster a more vibrant and competitive environment for both operators and players.

Source: “UK to liberalise rules for gambling venues in light of online growth”. Reuters. May 16, 2024.

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