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Will Mobile Gamblers Soon Face Gambling Restrictions?

 

Throughout the US and many parts of Europe, gambling regulators are looking at ways to protect vulnerable problems gamblers. In the UK, the government even went so far as to pass legislation in 2019 that limited the amount a gambler could bet per wager at fixed-odds betting terminals (FOBTs), which are usually located in UK licensed Betting Shops. The law decreased the allowable betting amount from £100 to £2. That’s a whopping 95% decrease, which has had an adverse effect on the revenue streams for bet shop owners like William Hill.

It was the first attempt by government agencies to combat potential gambling problems by limiting the amount gamblers can wager. Otherwise, casinos, sports books and racetracks maintain the responsibility for setting betting limits based on what kind of exposure the gambling operators feel they can endure.

With the recent proliferation of mobile gambling throughout the world, is it possible regulators would step in and try to limit what gamblers can wager through their mobile devices? Unfortunately for the gambling industry, the answer is anything is possible in a gambling climate where regulators are seeking ways to protect the most vulnerable people in society. For now, you can discover our list of top mobile casinos read about how to play and where to find them.


How Regulators Could Limit Mobile Gamblers


To be clear, it’s highly unlikely any government is ready to take such a drastic step at this time. However, rumblings about the UK passing laws that prevent gamblers from using credit cards to fund their mobile gambling accounts serves as a warning that the concern over problem gambling issues is on the rise. If a government did want to intervene with mobile gambling, exactly how might they go about doing that?

First, limiting a gambler’s funding options would create problems for both mobile gambling operators and its customers. If gamblers were also restricted from using their credit cards, bank accounts and wiring services, that would leave e−Wallet options and Cryptocurrency options. It’s a good bet the gambling industry nor gamblers are ready to fully commit to those options.

Another way the government could intervene would be by requiring mobile betting sites to set deposit limits per customer. Could the government also legislate how much gamblers could wager on the roll of dice, the spin of a reel or the turn of a card? It’s possible by regulating how software develop program online games.


A Realistic Look


Today, more that 50% of all online gambling is done through mobile devices. Because of privacy and easy access issues, more novice gamblers are joining the mobile gambling party every day. With more gamblers gambling, it’s easy to surmise there will be more problem gambling issues by number if not by percentage.

This is something government agencies will be monitoring closely in the coming months/years. It’s too soon to take a big swing at the popularity of online gambling throughout the world, and it’s certainly too soon to hurt a gambling industry that’s creating enormous tax revenues for every country where online/mobile gambling is legal.

In the short-term, mobile gambling operators can be more proactive about identifying problem gambling issues within its gambling bases. If the industry is able to self-regulate and prevent a material increase in the percentage of reported problem gambling issues, it’s a good bet the industry will be able to continue at current rates without further government intervention.



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