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Guest Miller26

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4 minutes ago, ColourMeUp said:

Sorry to butt in on this thread, but could anyone explain if and how this £100 loss cap may effect poker? 

I derive a fair chunk of my income through poker and even playing at medium stakes I can have swings of 1-2k usd/day. 

I play on a site which is purely for poker, no sports book or casino attached, and it's ukgc regulated if that's any help. 

As @Denman  says it is only proposals for when they review  the 2005 Gambling Act,  To be honest I would imagine everything would be far tighter if Labour get in as more of their senior people are pushing for it.

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1 minute ago, ColourMeUp said:

So just bs. OK, fingers crossed. Thanks for the response. 

 

Until you see it on a Gambling Related Harm APPG Report or on the UKGC Website it is bullshit and the only people talking about it as if its actually happening are shit for brains.

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5 minutes ago, philinvicta said:

As @Denman  says it is only proposals for when they review  the 2005 Gambling Act,  To be honest I would imagine everything would be far tighter if Labour get in as more of their senior people are pushing for it.

 

The FOBTs were capped under a Conservative government who also ignored the UKGC's recommendation for a limit of £30, were they not?

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3 minutes ago, Denman said:

 

The FOBTs were capped under a Conservative government who also ignored the UKGC's recommendation for a limit of £30, were they not?

After serious intervention by other political people I thought.   I think the Tories agreed to cut it and like you said they were not going to hit them so hard  and then kind of got squeezed and reduced them to 2

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9 minutes ago, philinvicta said:

After serious intervention by other political people I thought.   I think the Tories agreed to cut it and like you said they were not going to hit them so hard  and then kind of got squeezed and reduced them to 2

 

I don't think it was that divided. Pretty sure there were a lot of Tory MPs supporting the £2 stake limit also. As a sidenote do you know who funded that? 

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5 minutes ago, Denman said:

 

I don't think it was that divided. Pretty sure there were a lot of Tory MPs supporting the £2 stake limit also. As a sidenote do you know who funded that? 

It was lobbyist who were paid millions by vested interests such as physical casinos  who hoped a lot of people would transfer their spend to their premises 

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I would think the online gambling industry has a lot less friends in Parliament than the high street bookmakers do. Of course the high street bookmakers have a vested interest in online gambling also. But they are not daft, with much stricter regulation, removal of the white label scheme etc etc the vast majority of these casino's are not going to survive in the UK market, but guess who will? The bookies. If I were the Ladbrokes CEO I would be sending Carolyn Harris and co boxes of chocolates every day pleading with them to go extra hard. 

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Just now, Miller26 said:

Well he was a poker player before hand so I'm partly right and you are partly wrong 

 

I mean thats like meeting a man with a foot long penis dangling from his forehead and describing him as the guy with green eyes. 

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