Gambling Commission look to rise license fee by 55%
The Department for Digital, Culture, Media and Sport (DCMS) has launched a consultation into the funding of the Gambling Commission.
The consultation, which will run until 25 March 2021, proposes an uplift to Gambling Commission fees based on proposals from the Gambling Commission to the Government. This is separate to the ongoing Gambling Act Review.
We welcome this DCMS consultation as it will explore much needed changes to our fee income to enable us to continue to regulate effectively. We would encourage everyone impacted by the proposals to have their say.
We are already making gambling safer – having strengthened age and identity verification, introduced strict new guidance for so-called VIP schemes and banning gambling with credit cards – but further resources will mean we are able to make greater and faster progress in making gambling safer and protecting consumers in the years to come.
The Commission is a relatively small regulator and gambling is a fast-moving industry which must be regulated effectively.