The gambling industry in the UK is very prosperous, including the popular traditional national lottery and the historic horse racing betting, which is renowned worldwide for its horse betting culture. Additionally, the UK has many legal casinos that offer a variety of gambling activities. The govern
The online gambling industry in the UK is at a crossroads. On one side are increasing tax rates and increasingly strict player protection rules, and on the other are operators' deep concerns about market appeal and business sustainability. This delicate balance between regulation and business is cau
The UK Gambling Commission has once again demonstrated its strict stance. The Gambling Commission recently ruled that the operator of the well-known gambling brand Betfred, Done Brothers, due to a series of violations in social responsibility and anti-money laundering (AML), must pay a fine of 825,0
Recently, the UK government announced a differentiated adjustment plan for gambling taxes in its autumn budget, which has caused quite a stir in the Swedish gambling industry across the Atlantic. Hasse Lord Skarplöt, CEO of the Swedish horse racing monopoly operator ATG, publicly called on his gover
H2 Gambling Capital's latest analysis shows that the planned gambling tax increase in the UK may only bring about an additional £800 million in tax revenue, which is less than half of the Treasury's expected £1.6 billion. The report points out that changes in player behavior and the expansion of th
The UK government announced a significant increase in gambling tax rates in the autumn budget, with the remote gaming tax set to rise from the current 21% to 40% starting April 2026. Additionally, a new remote betting tax at a rate of 25% will be introduced from April 2027, expected to increase gove
The UK Treasury has been pointed out by industry experts for its lack of understanding of the industry's specificity when formulating gambling tax policies. Stephen Higginett, joint head of CMS tax, stated before the budget announcement that although the Treasury has begun to pay attention to the un
The latest data from the UK Gambling Commission shows that as of September 30, the third quarter's total online gambling gross yield (GGY) reached 1.42 billion pounds, an 8% increase year-over-year, but a 5% decrease from the previous quarter, with the number of active monthly accounts decreasing by
The UK Gambling Commission recently released the 2025 Annual Report on Youth and Gambling, which revealed the current status and trends of adolescent gambling behavior through a confidential questionnaire survey of 3,666 students aged 11 to 17 in schools across England, Scotland, and Wales. The data
The UK Gambling Commission states that geoblocking measures have proven to be an effective method in reducing the presence of black market gambling websites. In the fourth quarter of 2024, the regulatory body intensified its crackdown, removing over 200 illegal gambling websites from search engines,
Evolution Group CEO Martin Carlesund stated that the results of the review of the group's supplier license by the UK Gambling Commission are expected to be announced in December 2024, but the regulatory body has not provided a specific timetable. This review originated in December 2023, due to the d
The UK Gambling Commission has imposed a fine of £10 million ($13.4 million) on Platinum Gaming, the operator of the Unibet bingo game brand UK.bingo.com, and issued a formal warning due to serious breaches in anti-money laundering and social responsibility on the platform. The violations include fa
The UK Advertising Standards Authority (ASA) ruled that sports advertisements by gambling operators Betway and Kwiff violated regulations, as the use of famous team logos and F1 driver images could attract individuals under the age of 18. Betway's advertisement was complained about due to the appear
Flutter Entertainment announced the closure of 57 Paddy Power betting shops in the UK and Ireland, with 247 employees facing the risk of redundancy. In the UK, 29 shops will be closed affecting 128 people, and in Ireland, 28 shops will be closed affecting 119 people. The company stated that the main
Original: https://www.gov.uk/government/news/uk-and-us-take-joint-action-to-disrupt-major-online-fraud-networkThe following content is an unchanged translation of the original:The UK and US governments today (October 14) jointly sanctioned a criminal network operating illegal scam centers in Southea
Washington News — The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN), in collaboration with the UK's Foreign, Commonwealth & Development Office (FCDO), announced the largest joint action to date against Cambodia's "Prince Grou
The latest research by the UK Gambling Commission shows that the country's illegal online gambling market is expanding, with an increase in the number of unlicensed operators raising industry concerns. The study points out that the demographic characteristics of illegal gambling consumers are simila
