We are rightly putting emphasis on implementing the government’s Gambling Act review recommendations. Speaking on the matter, Miller wrote: “The Commission’s work on the Gambling Act review proposals is related to its day-to-day work regulating the industry. Relatedly, during October, the Commission’s director of policy, Ian Agnus, commented: “I expect that the Department for Digital, Culture, Media and Sport (DCMS) to launch a consultation on the statury levy soon.”Īnd finally, the last 2 topics that will be discussed during the aforementioned consultation are the reporting of financial key events and regulatory data. However, when it comes to the last one, Miller commented that “the Commission will consult on removing the existing requirement to contribute to a set list of research, prevention and treatment bodies in the context of government proposals to introduce a statutory levy in the future.” This will include measures to ensure that penalties are set at a level where the costs of non-compliance outweigh the costs of compliance.”įurthermore, the consultation will also focus on the transparency of client asset protection, client-led tools and the requirement to contribute yearly to Research, Prevention and Treatment (RET). On that note, he added: “This will seek to bring greater clarity and transparency to the way we calculate such penalties. According to Miller, the UKGC is suggesting modifications to the way fines are calculated. One specific topic for this new round will be financial penalties. However, these suggestions are built on the government’s 2005 review of the Gambling Act. During them, suggestions are made on how gambling must be regulated in the Great Britain in the future. The primary reason why these consultations are happening in the first place is the aforementioned Gambling Act Review White Paper. Tim Miller, executive director of policy and research at the UK Gambling Commission (UKGC), pointed out plans for the newest round of consultation on the Gambling Act Review White Paper.Īs for this newest round of consultations, it will involve free wagers and bonuses, specifically making sure they are “socially responsible.” In this regard, Miller said: “We will consult on proposals relating to incentives such as free bets and bonuses, to make sure they do not encourage harmful or excessive gambling.” Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, World Casino News, Gaming Industry News, European Casino News, Conferences / Trade Shows, Fines, Lawsuits & Litigation, United Kingdom

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