Tag Archives: UKGC

HMRC seeks industry consultation on Freeplay taxation

Following last March’s UK Budget 2016 announcement, HM Revenue & Customs (HMRC) has released an industry consultation paper detailing its proposals to levy remote gaming duties on freeplays (free bets), in order to align Remote Gaming Duty (RGD) policy with that of free bets in General Betting Duty (GBD). Publishing its consultation paper titled; ‘Tax Treatment of Freeplays in Remote …

Read More »

Smart Live Gaming surrenders UKGC operator & software licenses

Updating the market, the UK Gambling Commission (UKGC) has informed that Smart TV Broadcasting Limited, the operating company of Smart Live Gaming, has surrendered its official ‘Remote Operator’ and ‘Gambling Software’ licences. The forfeit of both its UK licences comes a week after the UKGC had placed Smart Live Gaming brands under temporary suspension stating that the interactive gaming operator …

Read More »

UKGC fines Camelot £300,000 for results mishap

Updating the market, the UK Gambling Commission (UKGC) has fined UK National Lottery operator £300,000 for publishing inaccurate ‘Lotto Millionaire Raffle’ results on its website property. Following an investigation into the results publishing, UKGC officials stated that Camelot had placed ‘public confidence at risk’. Issuing further details, The Commission’s investigations into this error found that Camelot had breached the terms of …

Read More »

UKGC temporarily suspends ‘unfit’ Smart Live Gaming

The UK Gambling Commission (UKGC) has moved to temporarily suspend the operating license of interactive TV gambling operator Smart Live Gaming (www.smartlivegaming.com). Issuing a market update on Friday 8 August, the UKGC declared that it was undertaking a review of parent company Smart TV Broadcasting Limited. Acting under section 116 of the UK Gambling Act, the regulator stated that it …

Read More »

David Clifton: Licensing Expert – UKGC views on “getting the balance right”

Two developments have occurred over the last month that have provided some considerable insight into the Gambling Commission’s present and future regulatory priorities. The first is publication of the Commission’s Annual Report for 2015/16. The second is a speech entitled “Gambling: Getting the balance right” given by Philip Graf at the Royal Society of Arts as he comes to the …

Read More »

May appoints ‘loyalist’ Karen Bradley as Secretary of Culture, Media & Sport

New UK Prime Minister Theresa May has appointed Karen Bradley as the new Secretary of Culture, Media & Sport replacing John Whittingdale who will no longer hold a Conservative Party cabinet position. Bradley, the former Home Office minister has been described as a ‘May Loyalist’, and will now lead the Department for Culture Media & Sports (DCMS) ensuring UK media …

Read More »

Vbet secures UK operator licence

Vivaro Betting Ltd, the operating company of Vbet has confirmed that it has been approved a UK Gambling Commission (UKGC) ‘UK Remote Operating Licence’.   Adhering to UKGC standards and practices, the Vivaro license Vbet brand will be able to legally offer its services to UK betting consumers. Vbet becomes the first BetConstruct powered bookmaker to receive a UK operator …

Read More »

UKGC publishes ‘joint consultation’ on proposed licence fee changes

Partnering with the Department for Culture, Media and Sport (DCMS), the UK Gambling Commission (UKGC) has published its initial ‘joint consultation’ on proposed changes to operator fees with regards to UK gambling licences. The commission expects to implement these changes from April 2017. The proposals of the UKGC consultation are as follows: Take account of the significant changes to our costs …

Read More »

David Clifton: Licensing Expert – Drilling down into the latest Industry Statistics

An article has already been published by SBC News about the latest gambling industry statistics, recently published by the Gambling Commission and covering the period April 2011 to March 2015 (but updated to include October 2014 to September 2015); (see http://www.sbcnews.co.uk/retail/2016/07/04/gambling-commission-reveals) However, I am going to drill down a bit deeper into those figures with a particular focus on the …

Read More »

UKGC & Portugese SRJI form information partnership

The UK Gambling Commission has confirmed that it has entered a strategic bilateral cooperation agreement with Portuguese gambling regulator, the Serviço de Regulação e Inspeção de Jogos of Instituto do Turismo de Portugal (SRIJ). Working together both regulatory organisations will seek to strengthen their legislative codes and combat illegal gambling activities through knowledge and information sharing, Both parties stressed that …

Read More »