Healys LLP continued its series of i-Gaming seminars on Thursday 02 June on the topic “Gambling (Licensing And Advertising) Act – Experience To Date”.
The Gambling (Licensing and Advertising) Act, enacted in 2014 (“Act”) requires all UK facing gambling operators, wherever located, to obtain a licence from the UK Gambling Commission gambling operators.
How many licenses have been applied for since enactment of the Act?
What has the experience been for operators applying for UK licenses since the enactment of this Act?
Has it brought back offshore operators en masse?
What are the positives and negatives for operators, the UK Government and the users of online gaming services in the UK?
How has it affected Alderney, Gibraltar, Malta and the Isle of Man?
What are the key issues that need to be addressed to make the Act successful?
Our panel of experts will discuss and evaluate these issues and how it will affect your business:
Moderator: Michael Caselli, Publisher, i-Gaming Business
Neil McArthur, General Counsel, Gambling Commission
David Schollenberger, Partner and Head of Gaming Team, Healys LLP
Clive Hawkswood, CEO, Remote Gambling Association
Micky Swindale, Head of Advisory, KPMG, Isle of Man and Gibraltar
Graham Martin, Director, Catalyst Gaming
Peter Greenhill, Head of e-business and e-gaming, Equiom Group
Neil McArthur, General Counsel of the Gambling Commission emphasised that the change to point of consumption regulation and taxation in addition to providing greater consumer protection, levels the playing field between UK and offshore based UK facing online operators. Clive Hawkswood of the Remote Gambling Commission was not convinced of the need for the change from point of supply regulation and taxation, then and now. The economic proposition has changed and a number of online bookmakers formerly located in Isle of Man and Alderney have left over the past couple years although Gibraltar remains buoyant. Graham Martin, a bookmaker by background involved with a number of online betting businesses said that he just got on with it and welcomes the mergers and acquisitions arising from it.
For those of you who missed the session, it was recorded and you can view it below. We look forward to seeing you at the next i-Gaming Breakfast Briefing, which is scheduled for Thursday, 8 September 2016 at 8.30 am.