Gambling Commission 'urprised and disappointed' by claims it has not engaged with racing over affordability checks

Racing Post
The Gambling Commission denied claims of failing to engage with the racing sector regarding new affordability checks.

Summary

The Gambling Commission's acting chief executive, Sarah Gardner, expressed surprise and disappointment regarding claims that the regulator has failed to engage with the racing industry over financial risk assessments (FRAs). While the BHA expressed disappointment over the decision and lack of transparency, Gardner maintained that extensive engagement has occurred, though implementation groups will focus on operators and credit agencies.

The commission is also facing pressure to release the full dataset used to justify these controversial affordability measures. While the committee requested the evidence base and methodology, Gardner stated that information would not be released until autumn and some data may be aggregated due to commercial sensitivities.

Additionally, Gardner noted that while FRAs aim to reduce document checks for recreational bettors, operators may still require financial documentation under other regulatory obligations, such as anti-money laundering requirements.

(Source:Racing Post)

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