New report calls on government to ignore 'paternalistic' gambling proposals
Proposals which could limit the amount of money people can spend on gambling have been described as "extraordinarily paternalistic" in a new report.
The study, published by right-wing think tank the Institute of Economic Affairs, also claims calls from campaigners for measures such as a bans on advertising and VIP schemes, stake limits and slower gameplay would do little to combat problem gambling, prove detrimental to sport and push people to the black market.
A Gambling Commission consultation which closed in February included proposals for affordability checks which could lead to customers who lose as little as £100 in a month needing to prove they could afford to lose more.
This has caused huge concern within British racing, with estimates the sport could lose anything from £60 million to £100m a year in levy and media rights income if the most draconian proposals were adopted.
The section on deposit limits in the report, titled 'A Safer Bet: Gambling and the risks of over-regulation', describes the freedom of adults to choose how they spend their money as "a basic right in a free society".
It goes on: "There is no other market in which consumers are restrained by the state from spending more than a certain amount of money. It is inconceivable that anyone would suggest rationing the amount people can spend on other 'social and cultural activities', let alone at a level that is less than the price of a modest restaurant meal."
The report instead says that best practice in reducing gambling harm from across the industry should be consolidated, formalised and made legally binding as part of the government's review of the 2005 Gambling Act.
The report's author Christopher Snowdon said: "Regulated online operators use a range of practical harm reduction measures which advance the government’s objectives without infringing the rights of the average punter or handing a competitive advantage to the unregulated sector.
"It is these practical solutions, not the blunt tools of anti-gambling activists, that could be the focus of the government’s review."
If you want more on this subject . . .
Poll reveals majority of British public against politicians imposing bet limits
Spend limits considered as gambling review is launched by government
'What gives them the right to decide just how much I can spend on gambling?'
Why a review of gambling laws is badly needed – Flutter chief executive
Join Members' Club Ultimate and read tipping from the likes of Pricewise and Paul Kealy, all the big interviews and features, daily comment and news analysis – plus our Ultimate Daily newsletter. Click here to sign up.
Published on inNews
Last updated
- 'It’s really exciting we can connect Wentworth's story to Stubbs' - last chance to catch master painter's homecoming
- The jumps season is getting into full swing - and now is the perfect time to join Racing Post Members' Club with 50% off
- 'It's just another level' - Abbaye success kickstarts a famous week for Brightwalton Stud
- Join the same team as Ryan Moore, Harry Cobden and other top jockeys with 50% off Racing Post Members' Club
- 'Nothing positive can come out of this for racing' - Betfair founder Andrew Black issues stark warning as affordability checks come into play
- 'It’s really exciting we can connect Wentworth's story to Stubbs' - last chance to catch master painter's homecoming
- The jumps season is getting into full swing - and now is the perfect time to join Racing Post Members' Club with 50% off
- 'It's just another level' - Abbaye success kickstarts a famous week for Brightwalton Stud
- Join the same team as Ryan Moore, Harry Cobden and other top jockeys with 50% off Racing Post Members' Club
- 'Nothing positive can come out of this for racing' - Betfair founder Andrew Black issues stark warning as affordability checks come into play