As the UK continues to struggle with a lack of faith in its government, the main opposition party, the Labour Party, has stepped up its vote-winning campaigns amid a potential election. One of the biggest policies that Labour has been pushing is a much stricter approach to dealing with online gambling.
Seen as out of control by some, the UK online casino gaming industry is due to a period of serious reform. Whoever is in charge of the next government, we can expect to see a significant change to come. Labour, though, are the ones making all the noise about being tougher on the industry: something that appears to be a vote winner with many.
The Deputy Leader of the Labour Party, Tom Watson, was clear about this when speaking about “Britain’s hidden epidemic” at the Institute for Policy Research in London. The Gambling Commission of the UK believes that Britain has the largest regulated online gambling market on the planet, bringing in around £4.7bn in revenue – revenues which are expected to grow in the future.
From the speed of play to stake and spending limits, though, it’s clear that Labour would enact serious change across the industry. With significant adjustment promised for some time, it would be interesting to see how far the opposition would go. While the present UK Government claims to constantly review its regulations, it appears that Labour has thrown down the gauntlet to the Conservatives in a bid to reshape UK gambling.