Andrew Rhodes, CEO of the Gambling Commission, has penned an open letter addressing concerns related to proposed financial risk checks. These checks were outlined in the UK Government’s White Paper in April 2023 and aim to identify users at risk of gambling-related harm. Rhodes’ open letter responds to perceived inaccuracies and lack of balance in media coverage, particularly in the Racing Post.
A Clarification of Intent:
The open letter begins by highlighting the Gambling Commission’s attempts to address inaccuracies in media reports. It notes that the Racing Post declined to publish the letter, prompting the Commission to share it on their website. Rhodes clarifies that the financial risk checks are part of a broader initiative aimed at protecting vulnerable users and ensuring responsible gambling practices.
Misconceptions Addressed:
Rhodes acknowledges that concerns have arisen regarding potential privacy issues associated with the proposed financial checks. He emphasizes the need to clarify misunderstandings about these checks to allow Racing Post readers and the wider public to engage with the consultation in an informed manner.
Scope of Financial Risk Checks:
One key point of clarification made in the letter is that the Racing Post did not adequately convey the limited scope of these checks. Rhodes stresses that the proposed checks are exclusive to online gambling and would not apply to traditional bookmakers or racetrack betting.
Avenues for Privacy Protection:
Rhodes further explains that only around three percent of user accounts would undergo financial risk assessments, dispelling the misconception that a significant portion of gambling consumers would need to submit sensitive financial documents to place bets. He assures readers that privacy concerns are being considered, and the aim is to strike a balance between safeguarding users and respecting their privacy.
Andrew Rhodes’ open letter serves to provide clarity and address misconceptions surrounding the proposed financial risk checks in the gambling industry. By sharing this information, the Gambling Commission aims to facilitate informed participation in the consultation process and ensure a balanced understanding of the measures in place to promote responsible gambling.