In a landmark move, the Kingdom of Saudi Arabia (KSA) has decided to delay the update of responsible play rules, citing the need for further review and consultation with various stakeholders. The decision comes as a surprise to many, as the update was expected to be implemented by the end of this month.
The responsible play rules, which were first introduced in 2017, aim to promote safe and responsible gambling practices in the kingdom. The rules include measures such as mandatory age verification, self-exclusion options, and limits on betting amounts. The update was set to expand on these measures and introduce new regulations to further protect vulnerable players.
However, concerns have been raised by certain groups about the potential impact of the updated rules on the gambling industry in KSA. Some stakeholders argue that the new regulations could hinder the growth of the industry and limit consumer choice. Others believe that the rules do not go far enough in addressing the root causes of problem gambling.
In light of these concerns, the government has decided to delay the implementation of the update to allow for more thorough review and consultation. A spokesperson for the Ministry of Commerce and Investment, which oversees the gambling industry in KSA, stated that they are committed to ensuring that the new rules strike the right balance between protecting consumers and allowing for a vibrant and competitive gambling market.
The delay has been met with mixed reactions from industry stakeholders. Some have welcomed the decision, saying that it shows the government’s commitment to getting the regulations right. Others, however, are frustrated by the delay and believe that it will only prolong the uncertainty surrounding the industry.
Despite the delay, the government has assured that they remain committed to promoting responsible gambling practices in KSA. They have emphasized that the update of the rules is not being scrapped altogether, but rather postponed to allow for further consultation and refinement.
Overall, the decision to delay the update of responsible play rules in KSA reflects the government’s dedication to finding the right balance between promoting a thriving gambling industry and protecting consumers from harm. It remains to be seen how the revised regulations will ultimately shape the future of the industry in the kingdom.
