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Verity Young

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Name: Verity Young
Date registered: February 24, 2015

Latest posts

  1. Hungary: New enforcement powers approved to combat illegal gambling — September 29, 2016
  2. UK: Placing digital adverts responsibly – new licence condition — July 13, 2016
  3. Greek Government commits to introduce fully regulated online gambling market — April 20, 2016
  4. UK BUDGET 2016 – GAMBLING TAX CHANGES — March 17, 2016
  5. GB: Commission reviewing peer-to-peer poker — October 9, 2015

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Hungary: New enforcement powers approved to combat illegal gambling

The Hungarian parliament yesterday adopted legislative amendments which provide for more severe penalties and enforcement measures to tackle unlicensed online gambling. Read the rest of this entry »

UK: Placing digital adverts responsibly – new licence condition

Following the conclusion of the industry consulation, the Gambling Commisson has confirmed the new licence condition wording on placing digital adverts responsibly, as follows;

Licensees must:

a) ensure that they do not place digital advertisements on websites providing unauthorised access to copyrighted content.

b) take all reasonable steps to ensure that third parties with whom they contract for the provision of any aspect of their business related to the licensed activities do not place digital advertisements on websites providing unauthorised access to copyrighted content.

c) ensure that the terms upon which they contract with such third parties enable them, subject to compliance with any dispute resolution provisions, to terminate the third party’s contract promptly if, in the Licensee’s reasonable opinion, the third party has been responsible for placing digital advertisements for the licensed activities on such websites.

The Commission’s response to the consultation can be read in full here.

Greek Government commits to introduce fully regulated online gambling market

By Richard Woolich

At a GamblingCompliance conference held in Athens on 19 April 2016, the Government committed to introduce a fully regulated market for online gambling, in Greece, to replace the current temporary licence regime. There will be strict rules and ‘higher tax’ and a proper consultation with business. In Parliament, it was  announced that the GGR rate should now be increased to 35% from the current rate of 30%. These GGR rates are the highest in Europe and will not encourage operators to comply.

UK BUDGET 2016 – GAMBLING TAX CHANGES

By Richard Woolich

Free plays as a future tax change, from Finance Act 2017, the use of free plays will be included for remote gaming duty, but the award of a free play as a prize will not reduce the profit. Changes will be made to the definition of gaming payments and prizes. Operators will need to compare and contrast the various types of incentives, bonuses  and rewards they give their players and VIPs in good time to make any appropriate adjustment to their Ts and Cs.

Replacement of Horseracing Betting Levy as recently announced, the Levy will be replaced from April 2017 with a new funding arrangement, which will be payable by both land-based and online operators wherever they are based. The amount payable will reflect the degree of mutual interest between betting and racing, similar to the approach adopted in the French parafiscal levy. The rate has not yet been decided.

Gaming Duty Bands as normal the gaming duty bands for casino operators have been increased in line with inflation for accounting periods commencing 1st April 2016.

Use and enjoyment VAT charge –  there is no further news on whether and how the UK will be imposing VAT on use and enjoyment of advertising services in the UK by an operator based outside the EU.

GB: Commission reviewing peer-to-peer poker

The Gambling Commission has announced that regulations governing online peer to peer poker are being reviewed.

In the first stage of the review the Gambling Commission is seeking information from its licensees about collusion and cheating – including the use of automated poker robots and third party software.