Regulation

In the eye of the storm

The UK government bringing its planned rise in Remote Gaming Duty forward by six months wasn’t totally unexpected, yet this tax hike, combined with mounting compliance pressures, is fast-turning the world’s largest regulated online market into an especially challenging environment

Consistently singled out by anti-gambling campaigners and some mainstream media outlets, FOBTs – dubbed the ‘crack cocaine of gambling’ – have sullied the UK industry’s image like no other product. Not that the sector’s reputation was exactly squeaky clean in the first place. So when Chancellor Philip Hammond announced in his Autumn Budget that bookmakers…

Online Gambling | Regulation | Remote Gaming Duty | UK Government

Latest