THE government has issued a major update on an “80/20” slot machine rule.
Proposals to increase the number of terminals in arcades and bingos allowing customers to stake higher bets have been temporarily axed.
Under current regulations, the “80/20” rule states no more than 20% of slot machines in these types of premises are allowed to let people stake up to £2 each play while the other 80% can allow punters to stake up to £1.
The rules are intended to discourage vulnerable customers from placing higher bets and parting with more of their hard-earned cash.
In May last year, the government said it would consult on plans to amend the 80/20 rule to a 50/50 arrangement.
It also said it would look at the potential impact of removing the 80/20 rule completely.
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However, the government has now confirmed it will not be introducing changes to the 80/20 rule this year, as first reported by The Guardian.
This doesn’t mean any changes to the regulations won’t come into force at some point after this year though.
The government said it needed “further assurance” from the adult gaming sector on how it will protect vulnerable customers moving forward before introducing any changes.
It added it will launch reforms as outlined in the gambling white paper to modernise the casino sector.
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All change for gambling sector
The latest update comes ahead of huge changes to gambling rules which take effect later this year.
From December 19, gambling businesses will be banned from promoting offers where customers have to carry out two or more types of games in order to get a bonus.
Is it possible to gamble safely?
IT is important to stay safe when you gamble and that you feel able to reach out if you are struggling.
Senior Consumer Reporter Olivia Marshall shares different ways you can keep yourself safe when gambling.
Set a Budget
Determine how much money you can afford to lose before you start gambling and stick to that limit.
Never gamble with money that you need for essential expenses like rent, bills, or groceries.
Time Management
Set a time limit for your gambling activities.
It’s easy to lose track of time when gambling, so decide in advance how long you will play and stick to it.
Know the Odds
Understand the odds of the games you are playing.
Remember that gambling is based on chance, so be realistic about your chances of winning.
Avoid Chasing Losses
If you lose money, do not try to win it back by gambling more.
This often leads to deeper losses and can create a cycle of chasing losses that is hard to break.
Stay Sober
Avoid gambling when you are under the influence of alcohol or drugs.
These substances can impair your judgment and lead to risky behaviour.
Take Breaks
Regular breaks can help you stay in control and make more rational decisions.
Continuous play without breaks can lead to fatigue and poor decision-making.
Self-Exclusion and Limits
Many gambling platforms offer tools to help you control your gambling, such as self-exclusion programs or setting deposit limits.
Use these tools if you feel your gambling is becoming problematic.
Seek Support
If you think you may have a gambling problem, seek help.
There are many organisations that offer support and counselling for gambling addiction, such as GamCare, Gamblers Anonymous, and the National Gambling Helpline in the UK.
Educate Yourself
Learn about responsible gambling practices and be aware of the signs of problem gambling.
Understanding these can help you maintain a healthy relationship with gambling.
Gamble for Fun, Not Profit
Treat gambling as a form of entertainment rather than a way to make money.
The primary goal should be to have fun, and any wins should be considered a bonus.
For example, it means bettors won’t have to gamble on slot machines and then betting tables, but just one of these.
The Gambling Commission, which regulates the sector, said the changes were being brought in to dissuade vulnerable customers from betting more than they should.
It also said multiple game promotions confuse gamblers because of their complex terms and conditions.
In addition to these rules, a new limit will be placed on how many times people have to bet in order to unlock bonuses.
Currently, some promotional offers provide bonus funds to gamblers on condition they re-stake any winnings multiple times before they can withdraw their winnings.
For example, a £10 bonus with a 50 times wagering requirement requires the gambler to stake £500 before the winnings can be withdrawn.
However, from December 19 this wagering limit will be reduced to 10.
It is hoped this limit will encourage people to gamble for smaller periods and slower than they would usually.
It comes after new limits were imposed by the government on how much gamblers can stake on online slots on April 9.
A single stake limit for online slots of £5 per spin for adults aged 25 and over is now in force.
Meanwhile, a £2 limit for adults aged 18 to 24 will take effect from May 21.
What should you do if you know someone with a gambling problem?
Gamble Aware’s website suggests several ways you can help someone with a gambling problem.
This includes talking to them about it in a kind and understanding way without neglecting your own feelings.
You can encourage them to call the Gamble Aware helpline on 0808 8020 133 to get free help 24 hours a day seven days a week too.
If you yourself are struggling with a gambling problem, the NHS website has a useful page where you can find out what steps you should take to get help.
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For example, it suggests you may benefit from cognitive behavioural therapy (CBT), a talking therapy that can help change the way you think and behave.
It also signposts you to a number of charities and support services including GamCare (0808 8020 133) and GamLearn.
Do you have a money problem that needs sorting? Get in touch by emailing money-sm@news.co.uk.
Plus, you can join our Sun Money Chats and Tips Facebook group to share your tips and stories
