The British Horseracing Authority has raised concerns regarding the UK Gambling Commission’s financial risk assessment procedures. The regulator alleges that the commission implemented new checks without prior consultation.
Dispute Over Assessment Procedures
The disagreement centers on the financial risk evaluation framework currently under review in the United Kingdom. According to iGaming Express, the BHA states that the gambling regulator did not seek input from racing stakeholders before finalizing the updated assessment criteria. The authority argues that direct consultation would have clarified how the new measures apply to licensed operators.Scrutiny of the UK financial risk process has increased as industry representatives examine the implementation timeline. The BHA continues to monitor the commission’s approach while awaiting further details on how the revised checks will be distributed across the sector.