UK gambling operators face new fee structure in 2017

UK-licensed online gambling operators face a new fee structure in 2017, with most operators seeing a discount, although a select few will see their fees rise.

The UK Gambling Commission (UKGC) posted a notice on its website this week detailing the findings of its consultation with the Department for Culture, Media and Sport (DCMS) regarding its proposed license fee structure, which is set to take effect on April 6, 2017.

The consultation was launched following the changes brought about by the Gambling (Licensing & Advertising) Act 2014, which included the new 15% online point-of-consumption tax on all online revenue generated from UK punters.

According to the UKGC, the net effect of the new regime will “reduce the overall fee burden across the industry by over 10%.” The UKGC says around 1,900 licensees will see their fees reduced by anywhere from 2% to 75%, while a further 1,000 licensees will continue to pay their current rates.