Gambling Commission Announcement & Government consultation

[Archery1969]

Politicians always use a rock to crack a nut.

In the UK we had the same kind of issues with firearms:

1986 - 1 person goes mad and 178,000 lost their semi-auto centrefire rifles.
1996 - 1 person goes mad and 287,000 lost their handguns.

In both cases above neither person should have been granted a certificate/firearm in the first place. Both Chief Constables involved were highly culpable for what happened. But as usual neither prosecuted and retired with pensions intact.

[blablok]

Just been listening to an MP who said "Wonder how much Russian money" is being pumped into betting exchanges.

This could all go south pretty quickly.

"Wonder how much Russian money" is being pumped into betting exchanges....
Wonder how much RUssian money is being pumped into UK politcian offices and british mainstream media.
Lets play this game then.

[firlandsfarm]

How would they design an admin system to administrate such a law/regulation? I can't think how I would bring together an individual's overall betting returns so that what are deemed to be 'troublesome losses' with one can be offset by profits with another unless we are to be given a "Betting ID" and big brother is sent all the data from all the betting suppliers/platforms so that a net position can be monitored ... I can't see that happening. Maybe you would be automatically suspended if you return a "troublesome loss" and it would be up to you to show you made profits elsewhere ... yeah right, can't see anyone agreeing to that!

This is bringing betting to the front line, might they also try and include some way to tax profits without 'allowing' net losses offsets?

Business idea: How about becoming a VPN supplier for people wanting to use offshore bookmakers/exchanges.

[ShaunWhite]

Business idea: How about becoming a VPN supplier for people wanting to use offshore bookmakers/exchanges.

Amazon and NordVPN have beaten you to that idea

[Derek27]

Great news for many on here if the GC close all your accounts. New apprenticeships for people over 50 who want to return to work.

[jamesedwards]

Great news for many on here if the GC close all your accounts. New apprenticeships for people over 50 who want to return to work.

not all of us are OAPs.

[Derek27]

Great news for many on here if the GC close all your accounts. New apprenticeships for people over 50 who want to return to work.

not all of us are OAPs.

I said many.