David Clifton’s monthly Licensing Expert article for SBC News – entitled “Changes Loom on the Horizon” (that you can download below) – comments on the rush of regulatory developments affecting the UK licensed gambling industry in the first two weeks of this year alone, namely:
- confirmation that the newly elected Conservative Party government intends to act speedily to fulfil its General Election promise to review the Gambling Act 2005,
- more choppy waters ahead in Parliament for the industry, evidenced by the furore that arose from the Urgent Question on the deal between the Football Association and bet365 raised by Carolyn Harris MP,
- the announcements by the UK Gambling Commission:
- the requirement for those operating both remote and land-based casinos to take urgent action to ensure compliance with the requirements of additional new Money Laundering Regulations and updated Gambling Commission AML/CTF guidance and
- publication by the Gambling Commission of its initial list of organisations to which its licence-holders may direct their annual financial contribution for gambling research, prevention and treatment.
UPDATE: Referring to the forthcoming review of the Gambling Act 2005, Gambling Minister Helen Whately confirmed in the House of Commons on 16 January 2020 that “work is going on right now to identify the scope and timeframe of that review”. It has separately been reported that the review will be undertaken by an “independent group of experts”, consisting of representatives from “the regulator, medical profession, industry bodies and campaign groups”. We will report more news when we have it.