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Lower Fees For UK Gambling Licenses
MOST U.K. REMOTE GAMING LICENSEES CAN EXPECT LOWER FEES IN 2017
Gaming Commission's goal is to more evenly spread the fees burden.
The UK Gambling Commission revealed in a communication this week that its consultation with the Department of Culture Media and Sport on license fees has been concluded, and that most licensees will see reductions in the amounts they will be paying from April 6 next year.
The advisory notes that the "overall fee burden" across the remote gaming industry in the UK will decrease by around ten percent, with something like 1,900 licensees paying lesser amounts varying between 2 percent to 75 percent.
A further 1,000 licensees will experience no change in their contributions, and initial online license applicants will be given a 25 percent discount to help them get going.
Unfortunately the news is not as favorable for the approximately 100 companies at the top of the industry in terms of GGR, who will probably face more significant hikes based on 0.05% to 0.1% of their revenues; that could see increases of up to 140 percent.
Proportionality appears to be the criteria applied to the restructured fees, easing up on smaller companies and making up the difference across medium to large operators.
In what appears to be a sensible and reasonable change, a new "game host" license is to be introduced which will empower business-to-business companies who host their own games in the business-to-consumer environment to operate off one license, reducing their costs.
Comunio in deal with -
One of the leading providers of fantasy sport across Europe, Comunio, has kicked off its pre-season build up by signing a transfer deal that will see Sportradar
McGregor’s Odds vs. Mayweather Get Even Shorter -
Conor McGregor is still the underdog for his August 26 superfight in Las Vegas with Floyd Mayweather Jr., but his odds are improving. McGregor has shortened from +375 last week to +350 at press time, with Mayweather moving from –550 to –500.
Gemtopia Slot Launches -
This spectacular new slot from Real Time Gaming includes 2 glittering features, a Wild Re-Spin Feature and a Free Games with Bonus Picks Feature!
MLB Odds: Yankees vs. Jays at Rogers Centre -
The Toronto Blue Jays (56-61, –14.26 betting units) are moving slowly up the AL Wild Card standings, and they can get closer to the Promised Land by beating up on the injury-plagued Tampa Bay Rays (59-60, –2.79 units). Game 2 of their four-game series is Tuesday at 7:07 PM ET on Sportsnet.
2017 ACR Moss Sign Up Bonus -
The ACR MOSS kicks off this Sunday, August 13th at 1:00pm ET. If you’re new to the MOSS, it’s the Mini Online Super Series and the first part of our $6,700,000 GTD OSS Cub3d series.
New Microgaming HQ Opens -
Microgaming’s new purpose built HQ on the Isle of Man, adjacent to its existing office, officially opened on 31 July 2017.
EmotiCoins Slot Launches -
EmotiCoins is hosted by a crew of cheerful Emoticons that take you on a delightful ride of emotions. Watch the cheeky faces playfully bounce down the reels amidst bright, rich colours and a delightful sound track.
Oink: Country Love Slot -
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PartyPoker Lobby and Table Update -
Partypoker releases first phase lobby and table upgrade for an improved player experience. Player feedback influences new darker colour scheme of partypoker client
Bitstarz Launches SlotWars -
BitStarz - the home of thrilling casino tournaments just launched Slot Battles with 48 battle rounds being played every day!
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