The first tests to determine the feasibility of the financial risk probe have been determined to start from August 30. Jua Commission on Tuesday Director of major policy projects and evaluation, Helen RhodesAn update on the tests in an official blog post, provided more information about how the tests would be done and what their goals are.
Ms. Rhodes told that the pilot will run Between 6 and 7 months And the use of will include Actual dataThe assessment will be held in several stages, and each participating operator will analyze both historical and current customer information.
The test capacity will test several aspects of the investigation, confirming whether the system will be successful in identifying the customers who are highly spent who are still financially struggling. The UKGC is also demanding to investigate how operators will be able to get an understanding of a customer’s status through limited information and tailor support based on the said data.
Ms. Rhodes stressed, however, the pilot will be Only data analysis involves data analysis And will not affect consumers. It was also clarified that financial risk assessment should be implemented, the credit rating of customers would not change.
Will focus on other aspects of tests Number of high spending accounts These credit reference agencies will be able to provide information on the speed of agencies, whether the check will be really frictionless for 80% of the customers, subject to increased investigation, and much more. In addition, regulators will also confirm whether the credit reference data will actually be effective in identifying financial risk.
Racing industry response
Since the plan to implement affordable investigation was announced, the idea is under criticism by the gambling industry players and representatives of British Horse Racing. The latest estimates show that the area of horse racing is suffering Revenue loss of £ 250 million During the five years as a result of the check. Nevin trousedel, Jockey Club CEO, Even organized a Petition Against these schemes, which eventually received 100,000 signature,
As mentioned by Racing Post, the latest update of UKGC on this matter was somewhat to some extent miscellaneousA spokes for British Horse Racing Authority (Bha) Said that the authority welcomed the blog post but identified Many factors should be expanded. He asked for clarification on the threshold -spent threshold, which would be subject to the test, and that the UKGC “success will be measured and by which metric.” He also called UKGC to make pilot results public,
DOne Waugh, major analyst in regulas partnersThe blog post was more important. He described it as “detailed and lack of transparency”, highlighted how the checks could have large negative results in the UK, and expressed disappointment that the pilot would not be much widespread.
Daniel Williams
Daniel Williams has started his writing career as a freelance writer in a local paper media. After working for a few years and writing on various subjects, he gained his interest in the gambling industry.

