Tag Archives: Betting Levy

£1bn cost of FOBT stake slash to bookmakers and horseracing

Warwick Bartlett and Lorien Pilling from the Global Betting & Gaming Consultancy (GBGC) have been looking at the implications of the reduction in Cat B2 gaming machine maximum stake from £100 to £2.  It doesn’t make pretty reading for retail bookmakers or the sector’s associated stakeholders. From 1 April 2019 the maximum stakes on FOBTs will be drastically reduced to …

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Winning Post – Industry faces compliance demands on all fronts

Strategic consultancy, Regulus Partners, focused on international gambling and related industries, taking a look at some of the key challenges the gambling industry faces in its ‘Winning Post’ Column. UK: gambling regulation – nothing minor about age verification changes The GB Gambling Commission has confirmed a tightening of age verification rules for licensees to protect minors. From 7 May (three …

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UK government to determine racing levy scheme as stakeholder talks break down

The UK racing levy will be referred to the UK government, as talks between the Horseracing Betting Levy Board and Bookmakers’ Committee have broken down as negotiating parties could not agree on the key terms for the funding 55th levy scheme. The breakdown in talks will see the scheme referred to John Whittingdale Minister of Culture, Media and Sport to …

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