The UK Gambling Commission has announced today that fees for online gambling operators will rise by 55% marking the first rise since 2017. The increased fees are in response to the rising costs of regulation and will help the Gambling Commission respond to new risks and technological developments in the industry.
UK Government Increases Online Gambling Operator Fees by 55% — Land-based Operator Fees to Rise by 15%In relation to the increase in fees, the Government stated:
UK Government Increases Online Gambling Operator Fees by 55% — Land-based Operator Fees to Rise by 15%The uplift in fees will provide the Gambling Commission with greater resources to tackle new challenges such as product and payment innovation. This new structure will mean that the Gambling Commission is better equipped to deal with the changing landscape of the gambling industry which has become increasingly global in nature. The regulator will also be better placed to address the risks associated with unlicensed operators and the need to protect consumers and the industry from ‘black market’ encroachment.
