Ep 251: UKGC sets timeline to guide its pilot on affordability

Signs of clarity come to the UK gambling space as both the Gambling Commission and Betting and Gaming Council offer a clearer insight into how affordability checks will be applied. Announced this morning, the BGC and UKGC, in tandem, unveiled the establishment of a new voluntary code on customer checks’, which is said to minimise friction of financial checks and improve consistencies in know-your-customer duties. In addition, the UKGC also looks set to implement some, quote on quote, ‘light touch’ affordability checks, with the intention of ‘boosting safety and choice for consumers’This will be the topic of today’s episode of iGaming Daily, supported by Optimove, with me your host, James Ross, am joined by SBC News’ Content Director, Ted Menmuir and CasinoBeats Editor, Joe Streeter. To read more on the topics discussed in today's episode, click on the following links:- https://sbcnews.co.uk/sportsbook/2024/05/01/bgc-launches-interim-code-on-customer-risk-checks/- https://casinobeats.com/2024/05/01/ukgc-to-introduce-light-touch-financial-risk-checks-from-august/Host: James RossGuests: Ted Menmuir & Joe StreeterProducer: James RossEditor: James RossRemember to check out our partners Optimove at https://hubs.la/Q02gLC5L0 or go to optimove.com/sbc to get your first month free when buying the industry's leading customer-loyalty service.