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Other evidence considered during the Act Review highlighted that adolescents have a greater risk tolerance compared to older adults and this may be reflected in their attitudes towards gambling. The white paper also considered the evidence on the importance of young adulthood in forming gambling behaviours, and the concerning links between suicide and problem gambling in young adults. According to the Public Health England Gambling-related harms evidence review, the problem gambling rate in the 16 to 24 age group is 0.8%.
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We recognise the evidence of risks which can accompany potentially vulnerable young adults gambling on high risk online slots at high stakes, but also that as adults we must treat those aged 18 to 24 fairly and proportionately. While 97% of all individual online slot stakes are below £2, operators have reported to us that as many gamstop.org as 35% of online slot players stake over £2 on at least one spin in a given year. As the most restrictive option under consideration, a £2 stake limit on online slots would have the greatest impact on consumers and businesses.
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Consultation question 2:
Q4) The government is aiming to introduce a maximum stake limit that strikes an appropriate balance between preventing harm and preserving consumer freedoms. However, as explored in the impact assessment, we have evidence that any of the options above will limit the potential for harmful losses from those gambling at elevated levels of risk or experiencing problem gambling compared to the status quo of theoretically unlimited stakes. Alongside the GGY reduction, there may be some other costs to operators, such as the implementation costs of game development teams needing to adjust the stake levels on live games. The limit would still be lower than the £5 stake limit on land-based casino machines, which is available to all adults.
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