New UK Licence Requirements
The Government has today released a consultation document on the regulatory future of remote gambling in Great Britain. The Government’s preferred option is to introduce a statutory requirement for online gambling operators licensed within the EEA, Gibraltar and white listed jurisdictions to obtain a licence from the UK gambling Commission if they wish to transact with British consumers and/or advertise to the UK. A 12 week consultation period begins today but, in view of the terms in which the consultation is drafted, we believe it is almost certain that the Government’s final decision will be to introduce the proposed UK licence requirement.
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