Research indicates that a majority of UK gamblers are opting for unauthorized gambling spaces due to fears of impending regulations.

A comprehensive study orchestrated by the BGC and executed by YouGov highlights concerns among 79% of UK bettors, who feel that strict betting regulations might drive them to unregulated gaming platforms. Additionally, 70% expressed that they might join new gambling avenues if privatized financial details were demanded upfront.

As the UK prepares for the highly anticipated Cheltenham Festival, which draws thousands to the horse racing tracks, the survey offers a timely perspective. This celebrated event is projected to inject around £274 million into the local economy over its course, with a nationwide wagering total potentially reaching £1 billion ($1.2 billion).

On the horizon is the UK government's potential rollout of a new Gambling White Paper, hinting at impactful changes in the gambling law landscape. The BGC raises its voice against 'affordability checks,' which could potentially push bettors away from legitimate operators towards illicit markets. Concerns also emerge about potential refusals from bettors when asked to provide financial proofs.

Expressing the concerns of everyday gamblers, BGC's CEO, Michael Dugher, remarked, 'This research shines a light on the authentic apprehensions of countless everyday bettors who perceive that policymakers are disconnected from the real-world betting experience.'

Dugher continued, 'Our goal is to implement non-invasive, tech-driven checks focused on safeguarding at-risk individuals. Yet, broad and low-threshold affordability verifications may face sweeping rejection.'

The Betting and Gaming Council's recent findings portray a significant rise in users turning towards unauthorized gambling platforms. Over the years, user numbers have leaped from 210,000 to an astonishing 460,000, showing billions poured into bets. Another report highlighted the sharp increase in UK gamblers accessing illegal channels during last year's World Cup event.

In December 2022, a startling 250% spike in visits to unauthorized gambling sites was recorded compared to the previous year, when the figure hovered around 80,000. This uptick extended into November.

In light of data shared by RacingTV, it was revealed that 15% of the surveyed 3,500 participants have either placed bets with illegal online bookmakers or know individuals who have. Further insights show that a vast majority, nearly 80%, of British gamblers are resistant to enforced spending limitations.