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Vol. 7 No. 9, September 2008, Dateline
New U.K. license fees
The U.K. Gambling Commission has published changes to its licensing fees for all forms of gaming, including existing casinos. The new fee schedules went into effect August 1.
Under the new rules there are now five licensing categories for casinos, relating directly to gross gaming yield. The five categories are designated A through E and refer to gross gaming revenues of up to £5 million, £5 million to £25 million, £25 million to £100 million, £100 million to £250 million, and over £250 million.
The commission has also created several new licenses. Four of these permit operators of certain types of premises to do some of their own maintenance. Also, a new category of license is available to betting exchange operators who are not operating as bookmakers themselves.
Under the new rules there are now five licensing categories for casinos, relating directly to gross gaming yield. The five categories are designated A through E and refer to gross gaming revenues of up to £5 million, £5 million to £25 million, £25 million to £100 million, £100 million to £250 million, and over £250 million.
The commission has also created several new licenses. Four of these permit operators of certain types of premises to do some of their own maintenance. Also, a new category of license is available to betting exchange operators who are not operating as bookmakers themselves.
Staff writers for Global Gaming Business magazine. Las Vegas, Nevada.
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