UK Gambling Commission Confirms Introduction of Financial Risk Assessments Despite Opposition

The UK Gambling Commission confirmed the widespread introduction of financial risk assessments (FRAs) on Tuesday in a press release. The regulator used the term FRAs to describe the new checks, which it said would be implemented widely. In its announcement the Commission confirmed it has decided to implement the checks to identify customers experiencing financial difficulties. The move will see FRAs rolled out widely, the release said.

The gambling industry has vehemently opposed the measures, arguing they will send users to unlicensed, offshore betting platforms. Industry representatives have warned of that risk, while the Commission proceeded with its decision, according to CasinoBeats. CasinoBeats reported the confirmation and the industry's objections.