Gambling Deposit Limit Changes and Levy Update Coming
Betting site users will be prompted to set financial limits before making a first deposit as a customer under new plans.
Key Facts:
- Gambling Commission wants to change how deposit limits work in the UK
- New users will have to set limits before making their first deposit after signing up for an account
- Customers will also be asked to review their account and transaction information regularly
- An update on the new statutory levy for the gambling industry has also been provided by UKGC
The Gambling Commission (UKGC) wants to boost consumer control over deposit limits and ensure greater transparency of operator funds protection.
From the end of October 2025, gambling companies with UK licenses must ask customers to set a deposit limit when they sign up for an account.
Some sites already do this, but it will become a requirement thanks to UKGC changes, while consumers will also need to be prompted to review their account and transaction information every six months.
Improving Consumer Empowerment
The Gambling Commission’s executive director for research and policy, Tim Miller, said in a statement the deposit limit changes “illustrate our commitment to ensuring gambling is fair and open by improving consumer empowerment and choice”.
He added: “These changes will help consumers decide on deposit limits, enable them to keep track of their spending and ensure they are fully aware of what happens to their funds should an operator become insolvent.”
“We will now continue our work to deliver our remaining white paper commitments, including our programme of evaluation.”
Further changes to how the gambling industry operates in the UK are expected to be rolled out as part of the Labour government’s manifesto commitment to reform the sector.
Levy Update Provided
UKGC has also offered an update on the progress of its new statutory gambling levy.
The levy, which it says will raise £100 million, is set to come into force with an exact date yet to be confirmed.
Operators in the UK’s gambling industry are currently required to make annual financial contributions to research, prevention and treatment organisations.
But this is set to change with the levy replacing the existing requirement, with UKGC noting this is as they will be “obsolete”.
Additionally, UKGC said changes to the transparency of protection of customer funds will also be brought in.
Operators that have their customer funds ‘not protected’ in the event of the site suffering insolvency will have to actively remind their customers at least every six months that their funds are not protected.
As with the changes to deposit limit rules, the amendment comes into effect in October 2025.
