USERNAME: PASSWORD:
TAX-NEWS.COM
CONTACT | ABOUT | LEGAL | LINKS     
   NETWORK SITES:
   LOWTAX   
   TAX-NEWS   

Jurisdiction News Pages

Anguilla
Andorra
Aruba

Australia

Bahamas
Barbados
Belize
Bermuda
British Virgin Islands
Canada

Cayman Islands

Cook Islands
Costa Rica
Cyprus
Dubai
Gibraltar
Grenada
Guernsey
Hong Kong
Ireland
Isle of Man
Jersey
Labuan
Liechtenstein
Luxembourg
Madeira
Malta
Mauritius
Monaco
Netherlands Antilles
Panama
Seychelles

South Africa

St. Kitts & Nevis
St Vincent & The Grenadines
Switzerland
Turks & Caicos Islands

UK

USA

Vanuatu

Newsletter

To receive monthly updates on new features in lowtax.net and tax-news.com just enter your e-mail address below:



Daily Tax Quote

The Network

3,000 free pages of accurate, timely information

Tax-News.com


Daily, updated news about tax and offshore from our team of 20 international journalists

Lowtax.net

'Low-tax' business and investment in the top 50 jurisdictions covered in exceptional detail

Investors offshore.com


Global information and advice for expatriates and international investors

Offshore-e-com.com

A topical guide to offshore e-commerce focused on tax and regulation

LawAndTax-News.com


Daily news and background data on tax and legal developments for international business

New UK Gambling Laws Come Into Force, by Jason Gorringe, Tax-News.com, London
Monday, September 03, 2007

New gambling laws to protect children and vulnerable people, cut crime and keep games fair were in force from Saturday 1st September.

The Gambling Act 2005, which replaces legislation dating as far back as 1845, will govern nearly all forms of gambling including: gaming in arcades and adult gaming centres; betting; bingo; casinos; gambling in clubs and pubs; lotteries (except the National Lottery) and remote gambling.

The Act creates the Gambling Commission, one of the most powerful gambling regulators in the world. It will be able to levy unlimited fines, withdraw licences, bring prosecutions, enter premises, seize goods and suspend and void bets.

The Act also gives a new role to local authorities, empowering more than 1500 licensing officers (alongside 50 specialist Gambling Commission compliance officers) to inspect gambling premises to enforce the new laws.

Key changes to gambling regulation include that:

  • For the first time, betting shops and remote gambling sites based in the UK will be governed by a dedicated regulator, the Gambling Commission.
  • Local authorities will be able to impose sanctions on operators, including limiting opening hours and reducing numbers of gaming machines.
  • Local people will be able to object to new gambling licences and seek reviews of existing ones.
  • New codes governing advertising come into force, requiring ads to be socially responsible and banning the use of models under 25 or linking gambling to sexual success.
  • Adverts from outside Europe that fail to meet the UK's strict regulatory requirements will be banned.
  • TV advertisements will be allowed for the first time, but subject to a voluntary 9pm watershed (with the exemption of betting ads during sports events).
  • The membership requirement on casinos is lifted.
  • Bingo clubs will be able to offer rollover jackpots.
  • Questions on phone-in quizzes on TV and radio must be harder. This is to prevent pay-to-enter phone quizzes that are too easy operating as if they were lotteries and therefore evading limits on stakes and prizes and the legal requirement for licensed lotteries to give 20% of profits to charity.
  • Gambling operators will be required to display prominently information about responsible gambling and how to get help for problems. They will also have to work proactively to prevent underage gambling and contribute to problem gambling treatment and research, education and public awareness.
  • Betting cheats, including sportspeople, will face a two year jail sentence.
  • UK-based betting operators will be required to pass information to sports bodies to prevent cheating.
  • Gambling debts will become legally enforceable, helping to ensure those who win get paid.

Sports Minister Gerry Sutcliffe announced on Friday that:

"Many people like to gamble, and for the vast majority it's harmless fun. This has and always will be the case. But what has changed is the way people gamble. It used to be that you had to leave the house to place a bet, but advances in technology have changed that - TVs, home computers and mobile phones have become the digital equivalent of a betting slip and casino chip."

"The Government brought in the Gambling Act because most of our laws were nearly 40 years old and these developments were going unchecked and unregulated. That's why 1 September is so important. The Gambling Act will give the Gambling Commission and local authorities unprecedented powers to ensure gambling is conducted fairly, children and vulnerable people are protected and crime is kept out."

The Gambling Act received Royal Assent in April 2005 and on 1 October 2005 the Gambling Commission was established. Since then over 50 pieces of secondary legislation have been laid after due consultation with industry, local authorities and other stakeholders. The Gambling Commission has also published licensing conditions, codes of practice and other guidance.

The Gambling Act replaces nearly all existing gambling legislation including: the Gaming Act 1845, the Betting, Gaming and Lotteries Act 1963, the Gaming Act 1968 and the Lotteries and Amusements Act 1976.

A comprehensive report in our Intelligence Report series examining offshore e-commerce and online gaming is available in the Lowtax Library at http://www.lowtaxlibrary.com/asp/subs_reports.asp and a description of the report can be seen at http://www.lowtaxlibrary.com/asp/description_report6.asp

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


THE LOWTAX LIBRARY

One of the web's largest and most authoritative business and investment information sources. Alongside topical, daily news on worldwide tax developments, you can receive weekly newswires or access up-to-date intelligence reports on a range of legal, tax and investment subjects.

FREE TRIAL NEWS SUBSCRIPTION

Our 16 constantly updated intelligence reports cover every important aspect of 'offshore' and international tax-planning in depth, including banking secrecy, the EU's savings tax directive, offshore funds, e-commerce, offshore gaming and transfer pricing. Reports are available for immediate downloading or as subscription services with news pages.

Advertising & Marketing

With over 50,000 qualified readers every month our web-sites offer a number of cost effective, targeted advertising, sponsorship and marketing opportunities:

Display advertising - from 'skyscrapers' to 'buttons'
Content/article submission and sponsorship
Opt-in email marketing
On-line Services Directory listings

Click here to learn more or contact Peter Wiggins on +44 1424 425933 or email him at peter@lowtax.net

News & Content Solutions

Could your corporate web-site or newsletter benefit from incorporating regularly updated news and content tailored to serve your clients' interests? We can provide a variety of maintenance-free news and content solutions that can be seamlessly integrated and dynamically delivered:

Customised, personalised 'own-brand' news services
Newsletter content and management
News Headlines Tickers

Click here to learn more or contact Peter Wiggins on +44 1424 425933 or email him at peter@lowtax.net

Free Tax-News RSS Feed

Click here for a brief introduction to RSS and instructions on how to get the Tax-News feed.

IMPORTANT NOTICE: TAX-NEWS.COM has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments. All materials on this site copyright TAX-NEWS.COM 1999 to 2003. Contact us for further information.