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Lawmakers in the UK are looking for a temporary cap on bets placed per day in an effort to protect those who're betting online because they've got little to occupy their time.
The proposed cap would be £50 per day, and would apply to all facets of the wagering industry, including casinos, sportsbooks, and bingo halls. The government recently closed all physical locations for these verticals, pushing punters online as they're confined to their homes. Many betting operators have been reaching out to customers to inform them of what options they have to bet, which is causing concern for lawmakers throughout Britain.
Commenting on the matter MP Ronnie Cowan issued a statement, which read: "We are deeply concerned that as we go deeper into this crisis, more and more people will turn to online gambling as a distraction."
To try to reduce the risk, they made a proposal to the trade body. "If the industry were to self-impose a daily limit of £50 … it would be a clear demonstration that the industry is willing to act responsibly and do what they can to protect society and peoples' finances, at this dreadful time."
As of press time there hasn't been any formal indications that a bill would be passed through placing this cap in place, but we'll keep readers posted as we learn more.