The monthly law journal exploring legal issues affecting operators in online gambling and gaming including licensing, offshore operators, mobile gaming and m-payments, fixture lists and database rights, online poker, sports betting, match fixing, gambling fraud and security, as well as in-depth discussion of legislation such as the UK Gambling Act 2005, the EU Green Paper, and the US Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA). / read more
In 2014 the principal prediction does not require a crystal ball. Subject to any last minute parliamentary hiccup, from 2014, all remote gambling operators targeting the UK market will be required to hold a licence from the UK Gambling Commission. In addition it will become a requirement to pay UK remote gambling duty, currently at 15% of gross gambling profits, on all transactions with customers in the United Kingdom.
The Bill cannot complete the parliamentary process before Christmas, the effect of which is that the Gambling Commission’s timetable for the machine going live is now not anticipated until 1 May or possibly 1 June.
The Commission intends to introduce a new licence condition to the effect that all companies providing gambling software to a UK licensee will themselves require a software operating licence. We have asked the Commission to clarify how far down the supply chain that requirement will apply. As this is a proposed licence condition, rather than a legislative requirement, it will not take effect until the proposed changes to the LCCP come into force, which we anticipate will be in the second half of 2014.