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We will continue to report on the outcomes to these consultations and other news relating to regulatory changes in the gambling industry when the information becomes available. Draft regulations will now be presented to parliament and a final stage impact assessment of these changes will be published in due course. The Response indicates that operators will be given 6 weeks to implement the £5 limit following the passing of legislation, followed by an additional 6 weeks to implement the £2 limit. In addition, those operators who cater to ‘high value’ customers are likely to suffer a greater hit on revenues than those with a broader customer base. This is likely to lead to more consolidation in the market, and potentially more operators giving up their British licences altogether, in our view. As a partner in Bird & Bird’s Commercial team and a member of our Media, Entertainment & Sport Group based in London, my practice focuses on regulatory and commercial matters in gambling and sport.
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