We would like to remind our clients that offshore gambling operators providing online (remote) gambling services to consumers in Britain have until the 16th of September 2014 to apply for a continuation license to ensure their business is not impacted by amendments to the Gambling Act 2005.
The amendments are expected to come into force on 1st of October 2014.
The Act will ensure that all remote gambling operators offering services to consumers in Britain are subject to consistent regulation and will bring the 85% of the remote gambling market in Britain currently regulated overseas within the Commission’s remit. This way, the UK Gambling Commission will be better placed to protect players and to respond to and advise the government on consumer risks and issues.
Transitional arrangements for operators
The UK Gambling Commission has stated that they will ensure a smooth transition for operators to the new regulatory system. Overseas operators currently lawfully providing remote gambling into Britain will continue to be able to do so, providing they apply for the relevant licenses at the correct time. An operator qualifying for continuation rights whose application has not been determined by us before the new regime commences will be issued with a continuation license, allowing it to continue to operate pending the final determination of its application.
License applications must be made through the UK Gambling Commission’s website. Operators must submit their license applications online and can prepare by reading the application forms, guidance notes and frequently asked questions blog page.
If you need any further assistance, please contact us.