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We recognise the evidence of risks which can accompany potentially vulnerable young adults gambling on high risk online slots at high stakes, but also that as adults we must treat those aged fairly and proportionately. We recognise the evidence of risks which can accompany potentially vulnerable young adults gambling on high risk online slots at high stakes, but also that as adults we must treat those aged 18 to 24 fairly and proportionately. While 97% of all individual online slot stakes are below £2, operators have reported to us that as many as 35% of online slot players stake over £2 on at least one spin in a given year. The limit would apply to all slots games offered by licensed operators, and operators would under no circumstances be allowed to offer higher stakes, even if customers can provide evidence of lack of harm or their ability to afford them.
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Box 1: International approaches
The scores are worked out by taking a bettor’s highest single spin win, dividing it by the amount wagered and then multiplying by 100. A bettor’s position on the leaderboard is decided by their top 25 highest scores across their first 10,000 spins. The majority of online slot sites now carry a plethora of payment options. It’s had some huge hits since then and has a reputation for producing games with high RTP rates.
While there are product categories for gaming machines in the land-based sector, these are agnostic to game type and instead defined in terms of the limits on structural characteristics, such as on speed of play and the maximum prize value. However, there is no statutory definition for most subtypes of gaming in the Gambling Act 2005, such as ‘slots’ or ‘roulette’. This measure is designed to work in concert with the wider package of policies in the white paper, including financial risk checks, data sharing on high risk customers, and making online games safer by design.
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