unclaimed offers
Turn geolocation on
Locale settings

Currently viewing:

English in United Kingdom

ThePOGG.com – your source for reliable information about online gambling.


  • Over 2k complaints managed and $2 million returned to players.
  • The largest collection of detailed casino reviews available online.
  • Bonus value reports to tell you how bonuses really compare.
  • Detailed game guides to help you learn to play.

I certify that I am over 18 years of age and I have read and agreed to the:

We respect your privacy and won't share your email address.
[X] Close this form and return to site

Proposed Gambling Limit Hits Shares Hard

by Glenn Baird - February 14, 2020

Following a series of high profile meetings involving the UK’s gambling regulator, proposals have been made to cut the maximum wager at online casinos to £2, keeping the online industry in check with the limits applied to Fixed Odds Betting Machines.

A decision on this will be made within the next 6 months and could result major losses for UK gambling firms, something that was reflected in yesterday’s share drop that amounted to hundreds of millions of pounds.

When Neil McArthur, Chief Executive of the UK Gambling Commission, announced that the regulator would be considering the significant reduction in maximum stakes investors saw this as their opportunity to jump ship.

The impact was widespread affecting operators, such as William Hill who saw their shares down by 8%, and providers like Playtech who took a hit of 7%.

When the dust began to settle on Thursday morning it was estimated that the UK gambling industry suffered a loss of over 500 million pounds.

A spokesperson for the Gambling Commission said: “We said last October that we would be looking at online stake limits as part of our ongoing work to reduce the risks of gambling-related harm.

“This work is in addition to us focusing on VIP practices, advertising technology and game design. We will publish our assessment and next steps for online stakes and further protections later this year.”

The turbulent year predicted for the UK gambling industry appears to have started, with calls at the end of 2005 for a revamped Gambling Act.

This reduction in the maximum online stake has clearly been designed to help those who are considered at-risk gamblers now and prevent future generations from falling into the same trap, but concerns still persist that an over-regulated market could drive those the changes are designed to protect towards an unregulated black market.

The United Kingdom of Great Britain and Northern Ireland sits to the north-west of mainland Europe. The United Kingdom shares a border with The Republic of Ireland and has coasts on the Atlantic Ocean, Celtic Sea, North Sea, Irish Sea and English Channel. The population of the UK is approaching the 67.6 million mark leading to a fairly densely populated land mass. The gambling sector in the United Kingdom is entirely regulated and licensed by the UKGC – the United Kingdom Gambling Commission. Should players resident In the UK wish to gamble with foreign based operators there is no history of this being treated as a criminal offence, but high levels of protection exist for UK residents playing with UK licensed operators.

Disclaimer:

The above information is what we believe to be the the legal status of online gambling, however information on this topic is limited and hard to find. We accept no liability for any errors or ommissions. It is the reader’s responsibility to ensure that they know the legality of online gambling in their country before engaging with any online gambling service.