£5 stake limit introduced to stop gamblers from betting thousands online

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PUNTERS will be stopped from betting thousands on online casino slots by laws limiting stakes to £5 a go.

Ministers have agreed to the maximum bets on digital spins which will be revealed in the Gambling White Paper.

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The governments updated gambling laws include a legal £5 cap on a single casino game onlineCredit: Getty

The long-delayed update to the gambling laws are set to be announced at the end of April or early May, according to sources close to the plans.

They will include a legal £5 cap on a single casino game online, which is ­currently unlimited.

Betting companies will be slapped with a fresh gambling tax under a huge shake-up of the industry.

And Premier League football clubs will voluntarily move gambling sponsorship from the front of their shirts, but can keep them on sleeves.

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Pitchside hoardings will also remain.

Last week, a YouGov poll for the Betting and Gaming Council found 79 per cent of punters said it was likely that tighter restrictions “would result in people moving to unregulated websites”.

A government spokesman declined to comment, but said they are “determined to protect those most at risk of gambling-related harm”.

A DCMS spokesperson said: “We do not comment on speculation. We are determined to protect those most at risk of gambling-related harm and are working to finalise details of our review.

“The white paper will strengthen our regulatory framework to ensure it is fit for the digital age.”

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