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Finally, Stake announced another multi-year partnership with the Alfa Romeo F1 team this year to help create a new identity for both parties involved and allow Stake access to an even broader audience base.


Finally, Stake announced another multi-year partnership with the Alfa Romeo F1 team this year to help create a new identity for both parties involved and allow Stake access to an even broader audience base.

Displacement to the black market. While the risk is not a reason to forgo changes to make licensed products safer and we are taking wider action to improve the regulator’s ability to disrupt illegal operators, a proportion of slots players who cannot access their desired stakes in the licensed sector may turn to unlicensed providers. These providers are easy to access online and do not offer the wider player protections which are required with a Gambling Commission licence. We expect the overall black market risk to be higher for the lower limit options considered below (which are likely to have a greater impact on player behaviour and spend in the licensed sector).

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Displacement to other products. The appeal of slots play may diminish for some customers if they are unable to stake to a certain level, and they may move to other products in the licensed land-based or online sectors, such as roulette.

Slots play adjustment. When customers are unable to stake at the level they wish per spin, some customers may simply play more spins at a lower stake level, potentially by extending session length or playing more intensely.

These sponsorship deals have increased Stake’s recognition and allowed them to become associated with successful teams that are slowly moving up through the rankings.

These sponsorship deals have increased Stake’s recognition and allowed them to become associated with successful teams that are slowly moving up through the rankings.


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The most notable collaboration is with Canadian hip-hop superstar Drake who has played online casino roulette live with his fans on the platform. This unique alliance helped launch Stake’s profile into mainstream consciousness by reaching a broader demographic than ever before.

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The most notable collaboration is with Canadian hip-hop superstar Drake who has played online casino roulette live with his fans on the platform. This unique alliance helped launch Stake’s profile into mainstream consciousness by reaching a broader demographic than ever before.

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While high stakes are rare in the context of all spins, it is clear that individual players often vary their stakes over the course of a year, for instance just after big wins, to meet any rewagering requirements on bonuses (being separately considered by the Gambling Commission), or just to maximise enjoyment at certain times. Flutter told us that in the year before its imposition of a £10 stake limit, 4% of players staked over £10 on at least one spin, and that under the new limits approximately 9% of players staked over £5 over the course of 2022. However, even among these players most staking is at lower levels, and Flutter reported that prior to its stake cut just 0.1% of slots players staked over £10 for more than half of their total number of spins.

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Since March 2020, the Gambling Commission has been detailed information from online gambling operators. This includes a detailed breakdown of staking patterns with leading operators who represent approximately 80% of the online gambling market (but given size and product mix they may not be fully representative of all online slots providers). The data for the 2022/23 financial year covers some 76 billion individual staking events (spins), and shows that high stakes are very rare, with stakes over £20 comprising just 0.02% of all spins. To note, the collected data did not distinguish between stakes above and below £15 within the £10.01 to £20 bracket, however based on the best available data we estimate half of those stakes were above £15, and half below. We have also estimated the importance for revenue of different staking bands within the current framework.

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Several governments and regulators in other jurisdictions have mandated stake limits for online slots games in recent years, often in line with longstanding limits on land-based gaming machines in those jurisdictions. Other jurisdictions have opted for different approaches such as not licensing the provision of higher risk online casino games like slots, or introducing cross-product deposit/ loss limits to minimise the risk of gambling-related financial harm. The experience of other jurisdictions is being considered as part of this consultation process, but each jurisdiction has a unique historical and socio-economic relationship with gambling, and measures which are effective or ineffective in one jurisdiction may not have a similar impact elsewhere. Measures adopted worldwide include:

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The crypto entertainment platform is licensed by the Curacao-based gambling regulator. The existence of gambling permits confirms that Stake is legal in India.

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As outlined in the , a data request to industry in April 2021 alongside the review call for evidence provided important insight into how stake sizes are associated with harm, as measured by operator-assigned risk scores as the best available proxy. This highlighted the overrepresentation of customers identified as high risk among high stakers, although this data could not explore the cause of such overrepresentation. However, it also found that even high risk players play mainly at low stakes. The gave fuller consideration to the data, including its limitations. We note that distributions may have changed as operators’ algorithms and approaches (including voluntary slots stake limits) have continued to evolve.