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![](\"https:\/\/i0.wp.com\/www.i-conseils.fr\/wp-content\/uploads\/2023\/02\/101125-racing-tv-survey-uncovers-significant-black-market-threat-1.jpg?fit=1200%2C800&ssl=1\")
\n<\/p>\nRacing TV survey uncovers significant black market threat
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A recent Racing TV survey has drawn a strong response among its members, with more than 3,500 having their say on the Gambling Act Review and the spectre of the black market.<\/p>\n
Racing TV is fully supportive of the objectives of the Gambling Act Review in protecting those at risk of gambling harm. In what is the first consumer survey to assess the scale of the black market and affordability checks, the key findings were:<\/p>\n
Affordability checks and loss limits have been key focal areas of the ongoing Gambling Act Review and will draw most attention when the White Paper is published.<\/p>\n
Reports in the media last year indicated that a leaked draft of the White Paper contained fixed loss limit thresholds. These are highly contentious for our survey respondents. Nearly 80% of the 3,469 respondents said they would not like to see mandatory limits imposed by bookmakers.<\/p>\n
Perhaps the most worrying of these findings was that 15% of the 3539 respondents to the below question said that they bet, or they know someone that bets, with an unregulated online bookmaker.<\/p>\n
In the absence of clear direction from the Gambling Commission, and while the wait for the publication of the White Paper goes on, many bookmakers have introduced affordability checks, some of which, such as requests for payslips, bank statements or P60s, could be considered intrusive.<\/p>\n
More than 22% of the 3,575 respondents to the below question suggested that they have been asked to supply such documents.<\/p>\n
Just over half of those who had been asked to supply such documents declined to do so.<\/p>\n
In addition, more than 92% of 3,237 respondents to the below question suggested they would consider using a bookmaker, which didn\u2019t require documentation.<\/p>\n
Martin Stevenson, CEO of Racing TV\u2019s parent company Racecourse Media Group, said: \u201cThe widespread response to the Racing TV survey shows how much the ongoing Gambling Act Review, combined with their recent experiences, is affecting our members.<\/p>\n
\u201cOur survey revealed that 15% of respondents bet, or know someone that bets, with an unregulated bookmaker, which is of real concern. With millions of customers betting on racing, the findings of this survey indicate that hundreds of thousands of punters are potentially using the black market.<\/p>\n
\u201cThis survey is clear evidence that shows that the black market is real and substantial and suggests that affordability checks are having the effect of moving a significant number of affected punters out of the UK-regulated environment and so exposing them to potential harm. This must be a pyrrhic victory and the opposite to what affordability checks set out to achieve.<\/p>\n
\u201cWe have shared this information with the Gambling Commission and hope that they can take account of this in their assessment of the black market. The evidence suggests it exists and is only building.\u201d<\/p>\n
Stevenson went on: \u201cNearly a quarter (22%) responded yes to the question on whether they had been asked for personal information, with 50% refusing to comply. This is a strikingly high percentage, demonstrating consumers\u2019 rejection of this intrusion on their leisure activity.<\/p>\n
\u201cThe inference that 22% of racing punters are at risk of harm is very challenging to believe and appears excessive when compared against the overall prevalence of problem gambling.<\/p>\n
\u201cIn addition, RMG has seen a material decline in online betting turnover on horseracing in 2022. The Racing Post<\/em> has estimated the sport could lose up to \u00a340m of funding each year. Everyone involved in the industry should be deeply concerned. The impact of affordability checks is that the sport is suffering a heavy financial toll.\u201d<\/p>\n The former Minister with responsibility for Horseracing and Gambling, Paul Scully, recently indicated how the Government were approaching affordability checks, saying: \u201cIt is not the role of the government, it is not the role of the Gambling Commission, to tell people how much of their salary they are \u2018allowed to\u2019 spend on gambling.\u201d<\/p>\n Stevenson continued: \u201cI hope that the new Minister with responsibility for Horseracing and Gambling will also consider the results of this survey as part of the ongoing work on the Gambling Act Review. It has been long overdue, in this process, to consider the attitudes of the consumers themselves in regard to how they choose to spend their time and money. I was very glad to hear the former Minister acknowledge that in his recent speech.<\/p>\n \u201cApplying universal limits does not recognise the wide range of natural betting behaviours, events, seasonality or differing individual financial circumstances. The undoubted highlight of the Jumps season, the upcoming Cheltenham Festival \u2013 which is the major focus for many punters \u2013 is clearly a case in point. To that end, I was pleased to see the former Minister stating that a \u2018one size fits all approach\u2019 was not the intention.<\/p>\n \u201cI\u2019d like to thank all our members who took part in the survey.\u201d<\/p>\n<\/div>\n \u2026<\/p>\n The post Racing TV survey uncovers significant black market threat<\/a> appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory<\/a>.<\/p>\n
Racing TV survey uncovers significant black market threat
Reading Time: 3 minutes \u00a0 A recent Racing TV survey has drawn a strong response among its members, with more than 3,500 having their say on the Gambling Act Review and the spectre of the black market. Racing TV is fully supportive of the objectives of the Gambling Act Review in protecting those at risk of gambling harm. In what is the first consumer survey to assess the scale of the black market and affordability checks, the key findings were: 80% of the 3,469 respondents said they would not like to <\/p>\n","protected":false},"author":2,"featured_media":145757,"comment_status":"false","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[1],"tags":[13],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.i-conseils.fr\/wp-content\/uploads\/2023\/02\/101125-racing-tv-survey-uncovers-significant-black-market-threat-1.jpg?fit=1200%2C800&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6D2Px-BUU","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.i-conseils.fr\/index.php\/wp-json\/wp\/v2\/posts\/145756"}],"collection":[{"href":"https:\/\/www.i-conseils.fr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.i-conseils.fr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.i-conseils.fr\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.i-conseils.fr\/index.php\/wp-json\/wp\/v2\/comments?post=145756"}],"version-history":[{"count":1,"href":"https:\/\/www.i-conseils.fr\/index.php\/wp-json\/wp\/v2\/posts\/145756\/revisions"}],"predecessor-version":[{"id":145758,"href":"https:\/\/www.i-conseils.fr\/index.php\/wp-json\/wp\/v2\/posts\/145756\/revisions\/145758"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.i-conseils.fr\/index.php\/wp-json\/wp\/v2\/media\/145757"}],"wp:attachment":[{"href":"https:\/\/www.i-conseils.fr\/index.php\/wp-json\/wp\/v2\/media?parent=145756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.i-conseils.fr\/index.php\/wp-json\/wp\/v2\/categories?post=145756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.i-conseils.fr\/index.php\/wp-json\/wp\/v2\/tags?post=145756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nSource: Eastern European Gaming<\/p>\n","protected":false},"excerpt":{"rendered":"