Infinity Gaming Magazine January 2022

Page 42

42

Finally an end to 2021! By Teresa Tunstall

I

n December the last month of the year when we listened to Chief executive Andrew Rhodes addressed the 2021 GambleAware conference, it was an interesting listen he continued; “There are products out there now which look an awful lot like gambling but do not meet the current legislative framework in order to attract customers, which also means they don’t have the safeguards in place that we would require from the licensed gambling product. Some of the things that we have seen from the Football Index collapse, which is something that if you make the mistake of following me on social media,

INFINITY GAMING

I get gifted quite a lot of feedback about.” He continued explaining, “It is an incredibly difficult topic. People have had horrendous experiences in losing money as the company collapsed. But what we found here is we’ve got a company encouraging consumers to believe they were investing and not gambling when there were no assets to support an investment. Many did and still do refer to themselves as traders, seeing themselves as engaged in a different kind of activity where they’ve made a mental leap from gambling into something else.” Gambling Minister Chris Philp MP

has all but crushed the idea of £100 monthly affordability checks as the review into the Gambling Act 2005 rolls on. Whilst speaking at the GambleAware annual conference, Philp’s wide-ranging speech touched on several key pillars of the upcoming White Paper, including the debate around single customer view. Last February apparently, Pfizer CFO Frank D’Amelio, said in a call with Wall Street analysts that after the pandemic, Pfizer is “going to get more on price” and hinted there would be a substantial price increase for its COVID-19 vaccine.


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