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STRICT BETTING INDUSTRY INSULATION: NEW MEASURES

While the governments of different countries are considering the possibility of tightening measures in the fight against coronavirus, the UK government is busy tightening the already-many-million-dollar loss of the betting sphere.


A daily limit of £ 50 is what members of the British Parliament intend to impose on bookmakers still continuing to exist in the United Kingdom. A letter with the corresponding initiative has already been sent to the Betting and Gaming Council and is designed to protect the interests of players who are overly keen on the gambling industry. In addition, the UK government launched another initiative - blocking those users who create multiple accounts within the same platform. Thus, in addition to the current social responsibility of bookmakers, there may potentially appear two more limitations that only complicate the maintenance of the betting business.


In far from easy times, caused by the coronavirus and, as a result, by the absence of major sporting events, operators are already forced to offer their audience such betting events, on which, as a rule, bets are rarely made. Among not quite traditional bookmaker offers are table tennis, camel races, Belarusian football.


However, despite the difficulties and uncertainties of the operators, members of the British Parliament look at reality on one side only. In their opinion, betting on events unfamiliar to the general public carries a significantly greater risk than traditional disciplines, due to ignorance and / or ignorance of players with a particular betting area, such as professional cricket in New Zealand.


On the one hand, the above point of view has a right to exist, since players with excessive enthusiasm really run the risk of encountering problems by betting on exotic or little-known events that they practically do not know about and even did not hear anything (of course, if they are not fans by chance camel racing). On the other hand, we must take into account that the bulk of the betting audience is players who give a report to their actions and, guided by logic and facts, try to get the most out of the minimum that is now observed in the event lines of sportsbooks.


The activity of members of parliament aimed at protecting the rights of those people who may be in the zone of potential risk is logical and logical. However, this situation in itself, as well as the possibility of introducing additional measures at the height of the crisis and epidemic, such as a daily limit of £ 50 and blocking various accounts of the same owner, demonstrate how easily betting operators can be targeted by a government that overly controls the industry .


Thus, the UK regulator is trying to complicate the already complicated life of betting companies that have fewer options for betting in real sports in the line of events. It is also necessary to remember about virtual disciplines. For example, the London bookmaker William Hill’s team has already noted that the company saw a significant increase in the rates for virtual sports, as well as e-sports. Now, perhaps more than ever, operators need to offer the audience all possible options in order to make up for losses associated with the consequences of the coronavirus.


For all those interested in starting an online betting business or online casino, our company Slotegrator offers its turnkey solutions in the field of gambling industry. As one of the key developers of software for online casinos and sportsbooks, we help operators develop their business through our modular solutions.


Our product line includes the creation of a platform for online casinos, the integration of payment systems and game content from leading industry suppliers, current betting databases from the world of sports, e-sports betting, virtual sports, licensing and tools to promote your projects and attract players .


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