On the search for "United Kingdom" we found the following results:
The UK amusements and low stake gaming industry contributes close to GBP 2 billion to the UK gross domestic product (GDP), supports the employment of 34,000 people and pays some GBP 270 million of Machine Gaming Duty (MGD) and machine VAT, according to the highlights of a study conducted by PricewaterhouseCoopers LLP (PwC) on behalf …
Following player complaints, the UK Information Commissioner’s Office has confirmed that it is scrutinising the manner in which bookmaking firms use software in order to ascertain whether laws are being broken. Reporting on the issue, the BBC said the Commission has supported player complaints that software being downloaded on to their computers without their permission …
Britain’s controversial horse racing levy on bookmaking firms will be in the news again tomorrow (Thursday) following a vote in the House of Lords tonight on a measure that could deliver another GBP 30 million to the industry by pulling in online sports betting operators. In addition to media rights payments, bookmakers currently pay a …
The UK government has moved on the long-running horse racing levy dispute between UK bookies and the British Horseracing Authority, replacing the current and perennially contentious voluntary system with a mandatory contribution of 10 percent of revenues accrued from betting by UK punters. The levy kicks in after the first GBP 500,000 in gross revenue …
According to the latest BDO Fraudtrack fraud analysis report, 12.5 percent of UK fraud cases over GBP 50,000 in value are associated with gambling in general. Researchers report that an analysis of the latest figures available for the year 2015 show that reported frauds at GBP 1.5 billion were 110 percent higher in value terms …
The recommendations earlier this week on Fixed Odds Betting Terminals by the “unofficial” All Party Parliament Group of MPs led by Labourite Carolyn Harris (see previous report) are unlikely to be followed, especially in regard to lowering maximum staking limits to GBP 2, London analysts at Numis Securities opined late Friday. Numis believes the UK …
Following completion of the consultation aimed at bringing the remote gaming tax treatment of free plays in line with the general betting industry (see previous reports), the UK Government has determined the existing proposal will impose greater burdens on remote gaming business than initially expected and has undertaken to revise the draft legislation proposal by …
International sports betting companies – many of them with online divisions – are playing an increasing role in English football sponsorship deals, with ten industry companies involved in football club relationships this year – up on the seven who inked deals last year. Reporting on the phenomenon, the publication Ghana Soccernet says that Ghanaian sports …
Digital Rules! according to the latest figures from the UK Gambling Commission, which show that online gambling is the biggest revenue generator in the overall UK gambling industry, delivering 33 percent of all wagers processed. The Gambling Commission numbers cover the period April 2015 to March 2016 and reveal that total digital Gross Gambling Yield …
Several UK newspapers again picked up the taxes and gambling story over the weekend, reporting that online gambling operators are facing an effective GBP 100 million tax hike if the government’s plans for taxing free spins and bonuses comes about. The reports quote Remote Gaming Association chief Clive Hawkswood, who says that the industry is …
Britain’s Information Commissioner’s Office data watchdog has advised that it is investigating massive spamming taking place via the internet, with special attention to the online gambling environment where the practice appears particularly prevalent. The ICO has contacted over 400 gambling companies, warning them that they are required to explain how they use and safeguard customers’ …
Speaking on at a conference in London Tuesday, Britain’s Chancellor of the Exchequer, Philip Hammond, warned that the government would “retaliate in kind” to any state-backed cyber-attack, amid speculation about recent hacks by Russian-sponsored hackers. The topic has received extensive coverage in recent weeks following some spectacular hacks in Europe and the United States, and …
Despite the conclusions of a recent investigation, the British government has yielded to media and action group pressure demanding another study of Fixed Odds Betting Terminals in retail betting shops, and the proliferation of gambling advertisements. Announcing the new enquiry on Monday, the minister for Sport, Tourism and Heritage , Tracey Crouch, confirmed speculation last …
National regulators from France, Spain, Austria, Portugal, the UK and Germany have reportedly brought forward to November a liaison meeting originally planned for next year, triggering speculation that the recent approval by the French Senate of poker and betting exchange player pool sharing (see previous report) has added an element of urgency to their deliberations. …
Friday’s speculation that the UK government’s Department of Culture, Media and Sport may be planning a new review of FOBTs, social media gambling promotion and day-time gambling advertisements (see previous report) have continued to disturb the market and generate comment. The UK Advertising Association, whose members include broadcasters ITV, Channel 4 and Sky, opined that …
The news of an upcoming UK government review that may restrict day-time advertising for gambling companies (see previous report) was barely on the streets before the British Horseracing Authority reacted Friday, announcing that it is to make “strong representations” in favour of exempting racing coverage from any possible restrictions on television advertising for bookmakers. Officials …
The freedom to advertise gambling on television before the 9pm watershed – already heavily restricted – could be removed altogether soon according to a report in today’s (Friday) Times newspaper in the UK. There is currently some day-time latitude for bingo operators and for betting company exposure during live sports event commercial breaks, but a …
Draft legislation has been prepared by the UK government proposing tax treatment changes to the country’s online gaming industry designed to bring it in line with fixed-odds general betting, according to a report in Bloomberg business news. Her Majesty’s Revenue and Customs has indicated in an August 9 consultation that it intends to remove the …
The Mail on Sunday reported on the success of the online gambling industry over the weekend, but juxta positioned the detail with problem gambling examples and a quote from an academic who appears to believe that tighter government regulation is necessary. Using 2014 Gambling Commission figures, the report claims that the UK online gambling business …
The British government’s intention to tighten tax laws calculated on free plays is reportedly giving online gambling operators already feeling the pain of the p.o.c. tax food for thought on the ubiquitous use of the Free Spin as a marketing, incentive and loyalty tool. In a speech earlier this year Chancellor George Osborne said that …
Online gambling is the topic for the first in a seminar series designed to improve the knowledge of British lawmakers through events organised by the Parliamentary All Party Betting & Gaming Group. A press release from the group says the inaugural seminar will focus on the future of internet gambling and is scheduled for April …
Swedish online gambling games provider Yggdrasil Gaming is live in the UK this week after completing a full roll out of its product suite just three months after it was awarded a UK Gambling Commission licence. The licence was awarded in December, but the swift roll out means the provider’s proprietary iSense 2.0 platform and …
UK Chancellor of the Exchequer George Osbourne, in delivering his budget report 2016 before the House of Commons Wednesday, identified imbalances in the Remote Gaming Duty versus the General Betting Duty tax systems in terms of freeplays. The budget report points at the remote gambling sector enjoying a more generous tax treatment on discounted or …
Reports in The Telegraph Wednesday that the British government would announce a new funding system for horseracing today (see this morning’s bulletin) have proved correct. On Thursday morning during a debate in the House of Commons, Culture Secretary John Whittingdale revealed that a new funding scheme will be replacing the controversial racing levy…and importantly will …