The recently published white paper on gambling proposes tighter regulations and measures to protect young adults from developing problems with gambling and addictive behaviour.
With the recent publication of a new white paper, several changes and new regulations are on the horizon for the gambling industry in the UK. Especially online gambling operators will face tighter rules and are expected to implement several big changes in the future. For example, young online gamblers could potentially face a £2 stake limit on online slot machines per spin. This is in accordance with the government’s plan to protect young gamblers between the ages of 18 to 24 by introducing lower limits on popular casino games, such as slot machines, which are considered to be extremely popular among young adults. Further regulations also aim to strengthen pub licensing laws to keep children from playing slot machines with cash rewards in pubs.
What is a Slot Machine and Why is it Popular?
Few industries have grown so rapidly in recent years as the online gambling industry. Especially during the pandemic when many industries suffered, the online gambling industry was booming and attracting new players each day. Players are drawn in particular to trying out new games or exploring their favourite casino games on various casino sites. And almost no other game has become as popular as the slot machine.
Today, players can choose from a myriad of slots with unique themes, designs, and features. An online slot machine hasn’t changed much from its original design, and it works in a similar way where you are betting on the outcome of the spinning reels. Players can try Trada Casino here which like many other casinos also offers attractive bonuses and free spins. For example, punters can start from €10 and grab a 100 % match bonus and an additional 50 spins in Starburst – an all-time favourite developed by NetEnt.
Tighter Measures to Protect Young Adults
There are many different reasons why so many people play the popular slot machines. One of the greatest appeals of online slot machines, apart from their bright colours and enticing themes, is how accessible they are for all players who are above the legal gambling age. These games don’t require any particular set of skills or analytical planning. It’s all about chance and luck. Also, the more you play, the more fun features are offered to you, and it’s easy to lose track of time.
A new survey of 2.000 students in the UK has revealed that a vast majority of them (80 %) have gambled. And almost 41 % have experienced negative impacts on their student life, such as missed deadlines and classes. Some even take out payday loans in order to fund their gambling activities. Young adults are a particularly vulnerable cohort and are at a high risk of developing problems with gambling. With tighter measures on the way, the government is hoping to offer greater protection for 18 to 24-year-olds.
This is a submitted article