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“stake” means an amount paid or risked in connection with gambling and which either- We agree with this assessment, and our aligning with the Gambling Commission will avoid unnecessary complexity in the regulatory framework and reduce the risk that some products fall within scope of one definition of slots and not the other. Similarly, the description should provide clarity to stakeholders as to the regulatory status of certain gambling activities. Given the relative ease with which operators can adjust slot stakes and the clear notice of our intention to introduce such a change, we will give a minimum of 6 weeks transition period for operators to become compliant with the new rules.
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- As set out in the white paper, there is strong evidence of product driven risk from online slots games, which is likely to be exacerbated by the ability for operators to offer theoretically limitless stakes.
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- Some respondents to the call for evidence argued that young adults should not be prevented by default from accessing the gambling products and staking options available to other adults.
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