Draft regulations will now be presented to parliament and a final stage impact assessment of these changes will be published in due course. The Response indicates that operators will be given 6 weeks to implement the £5 limit following the passing of legislation, followed by an additional 6 weeks to implement the £2 limit. In addition, those operators who cater to ‘high value’ customers are likely to suffer a greater hit on revenues than those with a broader customer base. This is likely to lead to more consolidation in the market, and potentially more operators giving up their British licences altogether, in our view. As a partner in Bird & Bird’s Commercial team and a member of our Media, Entertainment & Sport Group based in London, my practice focuses on regulatory and commercial matters in gambling and sport.
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- We regret to say that we are currently obliged to block your access to our website for as long as you are accessing it from within this country.
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