UKGC Updates FAQ After UK Gambling Bill Receives Royal Assent

UK CommissionPoker Fuse –  The Gambling (Licensing and Advertising) Bill has now received Royal Assent, the final stage in the UK’s legislative process that indicates that the Queen has no objections to the new law.

In immediate response the UK Gambling Commission (UKGC) has updated its FAQ on all issues that players and operators may want to ask about the new laws.

The update includes changes related to the issue of the final consolidated License Conditions and Codes of Practice (LCCP). There are no new answers in the FAQ that have not already been addressed in the LCCP.

Barring provisions for ensuring that all gambling software must be provided by a licensed entity, the LCCP comes into force in August. The new laws themselves take effect from December 1, and from then, all operators wanting to offer online poker to UK customers must have a UKGC license to do so.

Also to be introduced from December 1 will be the new Treasury taxation rules which firstly impose a 15% gaming duty on revenues from UK customers for all licensed operators, but secondly exempts UK based operators from paying the duty on any customers outside the UK.

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