{"id":3336,"date":"2021-12-14T11:20:39","date_gmt":"2021-12-14T11:20:39","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2021\/12\/14\/flutter-uk-and-ireland-ceo-says-operator-will-not-wait-for-regulation-to-raise-standards\/"},"modified":"2021-12-14T11:20:39","modified_gmt":"2021-12-14T11:20:39","slug":"flutter-uk-and-ireland-ceo-says-operator-will-not-wait-for-regulation-to-raise-standards","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2021\/12\/14\/flutter-uk-and-ireland-ceo-says-operator-will-not-wait-for-regulation-to-raise-standards\/","title":{"rendered":"Flutter UK and Ireland CEO says operator will \u201cnot wait for regulation\u201d to raise standards"},"content":{"rendered":"
\n

Conor Grant, the chief executive of Flutter UK and Ireland has said that the gambling giant will aim to stay ahead of the curve when it comes to safer gambling by continuing to ramp up protections across its multiple brands.<\/h2>\n

This comes after several industry veterans, including gambling minister Chris Philp spoke at the ninth annual GambleAware Conference earlier this month.<\/p>\n

What did Grant say about Flutter?<\/h3>\n

In a blog post shared yesterday (13 December), Grant outlined Flutter\u2019s progress on improving customer safeguards following the launch of the Gambling Act review back in December last year.<\/p>\n

Grant explained that Flutter \u201cwelcomed\u201d the launch of the Gambling Act Review and that the operator has \u201cconsistently\u201d pushed for a \u201cregulatory framework that raises the responsibility threshold for all operators and creates a level playing field.\u201d<\/p>\n

According to Grant, the operator has not been \u201cidly tinkering round the edges in the hope that the status quo can be maintained.<\/p>\n

\u201cWe have been looking at meaningful ways we can enhance customer protections \u2013 not just because it is the right thing to do, but also because it is vital for the sustainability of our industry.\u201d<\/p>\n

Grant went on to speak about the initiatives that Flutter has introduced during the past twelve months that aren\u2019t just \u201ccosmetic gestures.\u201d<\/p>\n

What initiatives is Grant talking about?<\/h3>\n

In the blog post, Grant explained that the \u201cAffordability Triple Step\u201d system, which aims to introduce a risk-based approach informed by customer needs and circumstances, was evidence of the operator\u2019s commitment to consumer protection.<\/p>\n

The first step of the triple step system begins when a customer registers with one of the operator\u2019s brands where spending limits are allocated to each customer. The second step involves continued monitoring through Flutter\u2019s safer gambling controls.<\/p>\n

If either of those two steps fails to flag or identify a person experiencing gambling harms, the final step, a backstop that prevents losses from growing, will be implemented.<\/p>\n

Grant explained that \u201cWe know that blanket measures are blunt instruments that will fail to tackle the issue. Each customer\u2019s circumstances are different, which is why we need to take a risk-based approach to safer gambling and affordability.\u201d<\/p>\n

Grant added that in the last 12 months, the company\u2019s responsible gambling initiative has addressed young people, specifically those under the age of 25. The Flutter CEO noted that this age group had a higher risk profile, resulting in measures that would \u201ccut right to the heart\u201d of the issue.<\/p>\n

Grant went on to explain that an upcoming policy will be implemented next year to address this.<\/p>\n

\u201cOur new policy, which will be implemented early next year, will introduce net deposit limits of \u00a3500 per month for customers under the age of 25. Whilst the vast majority of our customer base spend nowhere near that limit, it provides a helpful safety net for those that need it,\u201d explained Grant.<\/p>\n

Grant also reiterated that several safer gambling measures have already been introduced in Ireland, which includes a ban on using credit cards to fund retail and online gambling, as well as a whistle-to-whistle ban on gambling advertising before the watershed.<\/p>\n

\u201cAgain, we have been clear that we will not wait for regulation where there is clear evidence to act, which is why we introduced a number of progressive initiatives earlier this year,\u201d said Grant.\u00a0<\/p>\n

\u201cAs we continue to evolve for the benefit of our millions of customers, we remain committed to driving meaningful change across the industry.\u201d<\/p>\n

The post Flutter UK and Ireland CEO says operator will \u201cnot wait for regulation\u201d to raise standards appeared first on GamblingSpotlight.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Conor Grant, the chief executive of Flutter UK and Ireland has said that the gambling giant will aim to stay ahead of the curve when it comes to safer gambling by continuing to ramp up protections across its multiple brands. This comes after several industry veterans, including gambling minister Chris Philp spoke at the ninth […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-3336","post","type-post","status-publish","format-standard","hentry","category-uk"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/3336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=3336"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/3336\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=3336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=3336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=3336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}