SBC News Operators to debate new UK stake limits in CasinoBeats Summit Webinar

Operators to debate new UK stake limits in CasinoBeats Summit Webinar

Industry experts will discuss the recent announcement by the UK government to impose stake limits on online slots in a specially created CasinoBeats Summit Webinar tomorrow.

Scheduled for 12 noon on Wednesday 28 February, “What’s at stake? Adapting to lower statutory slot limits – A CasinoBeats Summit discussion” will be the first live debate to cover the new changes which see a £2 stake limit imposed on players under 25 and a £5 limit on all other players. 

Ian Perrygrove (CRO, Kwiff), Christopher Dalli (CEO, L&L Europe Ltd) and Tom Banks (Head of Corporate Affairs – UK & Global, Kindred) will be quizzed by moderator Sarah Ramanauskas (Co-Founder, Game Safety Institute) during the live discussion ahead of the CasinoBeats Summit at the Intercontinental Hotel in Malta on 21-23 May. 

The measure is part of the proposals set out in last year’s whitepaper ‘High Stakes: Gambling reform for the digital age’ published in April 2023. 

After initially considering a range from £2-£15, the new limits are to be implemented as early as September 2024 and have been backed by the likes of GambleAware CEO Zoë Osmond and Betting and Gaming Council CEO Michael Dugher.

With expectations of the cost to the industry of up to £730m, how will the slot sector and the industry at large respond to these changes? And what has been the experience in other markets with similar restrictions, such as Germany and Greece? 

The issue was also discussed on Monday’s iGaming Daily podcast, featuring SBC’s Content Director Ted Menmuir and Project Director Martyn Elliott. To listen to the episode, click here

Sign up for the webinar here and to find out more about the CasinoBeats Summit visit the official website by clicking here.

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