UK Overhauls Online Gaming Regulation

Despite arguments that it “has nothing to do with regulation or player protection—it is about taxation,” the UK Bill passed its second reading.

Gibraltar Minister will hold talks with UK government about the issue but will not challenge the new tax at the EU level.

The UK’s planned 15% tax rate puts the government’s fiscal and social objectives in jeopardy, according to a report commissioned by the RGA.

Gibraltar-based Betfair has stated it expects to benefit from the UK’s plan to implement a 15% tax on UK bets.

Draft bill includes language that allows the Commission to rule on how funds should be held.

Commission to be given powers over player fund regulations as UK Treasury produces first draft of POC legislation.

WillHill sees “every chance” of bringing legal action against the UK’s new gambling legislation.

Light touch regulation enshrined in sensible approach to implementing EU money laundering rules.

Player fund protection, poker network regulation, blacklists, social gaming and light touch regulation all covered in UKGC Chairman speech.

SGA will assist commission in compiling industry-wide data to aid UK study.

The UK government has formally announced that the Gambling Bill, containing the new Point of Consumption provisions,...

UK proposals for Point of Consumption (PoC) based gambling regulation have been broadly approved by the parliamentary…