Gambling operators will pay more to work in the UK

Gambling News and Lucky Stories

The UK government announced that license fees for gambling operators legally operating in the country will increase from October 1, 2021. The authorities took such a step, firstly, to increase funding for the UK Gambling Commission, which needs to cover all its expenses related to the regulation of the gambling industry. Secondly, to ensure the protection of the interests of players and legal operators from the invasion of the local gambling market by offshore companies, and for this the same Commission needs good resources and trained personnel. According to the UK government, in October the annual online license fee will increase by 55%, the application fee for any license will increase by 60%, and the annual license fee for land-based work will increase by 15%. However, these increased fees will begin to be collected from April 1, 2022. In addition, as of October 1, 2021, annual discounts for payment of fees for combined and multiple licenses will be eliminated. As My Lucky Story reported, Brazilian legislators are working on the adoption of a draft law on the taxation of betting activities. Earlier it became known that gambling was legalized in the capital of Kenya and license fees were set. Recall that in Louisiana the law on fees and taxes for sports betting operators was passed by the legislature and signed by the governor of the state.

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