Q138 Damian Collins: Do you think that online companies offering \u003cb\u003egambling\u003c/b\u003e \u003cbr\u003e\nproducts to \u003cb\u003eUK\u003c/b\u003e citizens should face a regime of licensing, \u003cb\u003etax\u003c/b\u003e and regulation that \u003cbr\u003e\nis similar to the offline market? John O'Reilly: Yes and no. I think the objective is ...
The Gambling Act 2005 by"Great Britain: Parliament: House of Commons: Culture, Media and Sport Committee","Great Britain. Parliament. House of Commons"
High street betting shops and casinos alike are currently allowed a maximum of four B2 (FOBT) gaming machines, which allow stakes up to £100 and a £500 prize. Casinos, should instead be permitted to operate up to twenty B2-type gaming machines. Limiting the number of B2 machines in betting shops has encouraged them to cluster in some high streets in order to satisfy customer demand. Local Authorities should have the power to permit more than the four B2 machines per shop if they believe it will help with clustering. The Committee also recommends that any local authority be able to make the decision as to whether or not they want a casino. As a step towards this, existing 1968 Act Casino licences should be made portable, allowing operators to relocate to any local authority provided that they continue to be constrained by the need to obtain local authority approval, a premises licence and planning permission. The failure to set remote gambling taxation at a level at which online operators could remain within the UK has led to almost every online gambling operator moving offshore whilst most are still able to advertise and operate into the UK. The Committee further recommends the Gambling Commission should introduce a new licence fee structure which reduces the current anomaly where small, independent bookmakers pay much higher fees per shop than large chains. Particularly given the absence of a significant UK-regulated online sector or any Regional Casinos, the Gambling Commission remains an overly expensive, bureaucratic regulator.
The Gambling Act 2005
By:"Great Britain: Parliament: House of Commons: Culture, Media and Sport Committee","Great Britain. Parliament. House of Commons"
Published on 2012-07-24 by The Stationery Office
BOOKS ID : 1nFowsqApQAC
Ebook Title : The Gambling Act 2005
ETAG : tz5OnjmrygM
ISBN_13 Code : 9780215047267
ISBN_10 Code : 0215047265
Book Print Type : BOOK
Rank : 7 for keyword gambling tax uk
Book Author :"Great Britain: Parliament: House of Commons: Culture, Media and Sport Committee","Great Britain. Parliament. House of Commons"
Publisher : The Stationery Office
Book Pages Count : 398
Print Type : BOOK
Book's Categories :"Biography & Autobiography"
Books Language : en
Text to Speech Access : ALLOWED
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