The Gaming (Variation of Monetary Limits) Order (Northern Ireland) 2025
Introduction
The Gaming (Variation of Monetary Limits) Order (Northern Ireland) 2025 is a statutory instrument made by the Department for Communities in Northern Ireland under the Gaming Act (Northern Ireland) 1985. The Order came into operation on 16 January 2025 and varies the monetary limits set out in the Gaming Act (Northern Ireland) 1985.
Key Provisions
The key provisions of the Order are as follows:
- Increases the maximum stake allowed on a gaming machine from £2 to £5.
- Increases the maximum jackpot that can be won on a gaming machine from £400 to £1,000.
- Increases the maximum prize that can be won on a lottery from £500 to £1,000.
Background
The Gaming Act (Northern Ireland) 1985 regulates the operation of gaming machines and lotteries in Northern Ireland. The Act sets out a number of monetary limits, including the maximum stake that can be placed on a gaming machine, the maximum jackpot that can be won on a gaming machine, and the maximum prize that can be won on a lottery.
The Department for Communities has reviewed the monetary limits set out in the Gaming Act (Northern Ireland) 1985 and has concluded that they are no longer appropriate. The Department believes that the new limits will help to ensure that the gaming industry in Northern Ireland remains competitive and attractive to customers.
Impact
The Order is expected to have a significant impact on the gaming industry in Northern Ireland. The new limits will allow gaming machine operators to offer higher stakes and jackpots, which is likely to attract more customers. The new limits will also allow lottery operators to offer larger prizes, which is likely to increase the popularity of lotteries.
Conclusion
The Gaming (Variation of Monetary Limits) Order (Northern Ireland) 2025 is a significant piece of legislation that will have a major impact on the gaming industry in Northern Ireland. The new limits are likely to lead to increased competition in the industry and to attract more customers.
The Gaming (Variation of Monetary Limits) Order (Northern Ireland) 2025
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