Casino companies in the UK will face a change in their tax payments as of April 1st, 2022. This became clear after the autumn budget was delivered to the House of Commons by Chancellor Rishi Sunak. Reportedly, gross gaming yield (GGY) bands are set to grow in line with inflation, which basically means that gambling companies in the UK will have to generate winnings in order to be able to make the increased gaming duty payments. Gaming duty in the UK has a progressive tax structure, in which companies become…
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UKGC Says 25% of British Adults Gamble Online on Regular Basis
According to some new data published by the UK Gambling Commission (UKGC), about 25% of British adults aged 16 and older have gambled online over the past four weeks. A total of 4,005 individuals took part in the study of the country’s gambling regulatory body that took part. The study found that 25% of them had participated in some form of online gambling services in the previous four weeks during the course of the research from September 2020 to September 2021. That was an increase from some previous adult gambling…
Read MoreNew Research Finds Gambling Ads on Social Media Platforms Are More Appealing to Children and Young People
According to new research, children and young people find gambling advertisements published on social media significantly more appealing than adults. A study, which was carried out by the University of Bristol, found that disguised esports gambling adverts and marketing materials were found quite fascinating by individuals under 25 years of age, as younger people associated them with positive emotions. More than 650 British children, young people and adults participated in the research that took place between May and July 2021. The researchers broke down the age groups as follows: 210…
Read MoreBookmakers’ Shopfronts Could Face Redesign as Part of Long-Awaited Gambling Advertising Overhaul in Ireland
A significant redesign of Irish brick-and-mortar bookmakers’ shopfronts could be forced as it is quite hard to define what actually constitutes gambling advertising. Ireland’s Department of Justice is set to closely monitor the branding used in bookmakers’ premises, as well as their potential marketing powers. The move comes as part of a long-expected crackdown on the gambling sector and the prevalence of gambling advertising in the country. Recently, no issues associated with bookies’ shopfronts had been raised, but James Browne, the Minister of State at the Department of Justice, explained…
Read MoreUKGC Releases Pilot Research Methodologies Regarding British Adults’ Gambling Participation and Prevalence
The UK gambling regulatory body has moved to the next phase of its project aimed at improving the quality of its adult gambling prevalence and participation statistics available to stakeholders. Now, the UK Gambling Commission (UKGC) has confirmed that the new research schemes on the matter are set to be piloted between October 2021 and March 2022, so it had already moved onto the next phase of the headline project. Earlier in 2021, the country’s gambling watchdog launched a consultation on so-called “research methodologies” following some proposals to change the…
Read MoreNew Gambling Legislation Set to Suspend Free Bets in Ireland, Gambling Regulator to Be Established in 2022
The Irish Government will see free bets banned in the country as part of landmark new gambling laws that were brought to the Cabinet on October 19th, while a new gambling watchdog is set to be established early in 2022. The new gambling regulatory body will also receive powers to suspend or revoke gambling operating licences. The watchdog will also be able to freeze accounts, as well as block incoming payments to gambling providers. As part of the new gambling legislation, a social impact fund is set to be created…
Read MoreLower Hutt to Consider Introduction of Sinking Lid Policy on Controversial Poker Machines to Reduce Gambling Harm
The city of Lower Hutt in the North Island is considering the introduction of a sinking lid policy on local poker machines, adopting a policy in line with its neighbouring cities in an effort to reduce gambling harm in the local community. According to a report commissioned ahead of the city’s gambling policy review, each machine’s take rose by 66% in the city in the period from 2015 to 2020. The Chairman of the Council’s Policy, Finance and Strategy Committee, Simon Edwards, explained that the local authorities have been considering…
Read MoreNew Study Finds Online Gambling Participation Rates Greatly Increased between 2010 and 2019
A new gambling study has revealed that online gambling has seen a massive increase in Australia in the last decade. A 2-year study funded by Gambling Research Australia (GRA) showed that the number of local people who gamble online, no matter if it comes to casual bettors or gambling enthusiasts, has been subject to a twofold increase in the nine years between 2010 and 2019. GRA has been created as a national gambling research partnership between the Commonwealth, State and Territory governments. It is currently chaired by the Government of…
Read MoreNo Evidence of Improper Influence of Crown Resorts over VCGLR Inspectors Found by Independent Probe
An independent investigation into the gambling regulatory body of the state of Victoria has recommended Parliament to suspend junket operators that lure foreign high-roller gamblers to local casinos. Recently, Australian gambling giant Crown Resorts has been put under fire by both media outlets and authorities over its links to junket operators that have been bringing affluent Asian gamblers to casino venues in the state. By using the services of junkets, high-rollers have been visiting Melbourne casinos but some of the junkets had been linked to criminal organisations and posed a…
Read MoreGambling Amendment Bill to Be Discussed by Tasmanian Parliament Later this Week
Tasmanian Government could unveil its future gambling bill in Parliament in a couple of days, with the debates on the proposed piece of legislation expected to begin on October 14th. In August 2021, the Government received a total of 26 submissions to the exposure draft of the proposed bill, called the Gaming Control Amendment (Future Gaming Market) Bill 2021. Furthermore, a consultation paper on gaming amendments gathered a total of 68 submissions before the aforementioned piece of legislation was even drafted. The proposed bill seeks to introduce individual operating licences…
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