Legal & Regulatory News

The gambling bill to introduce a point of consumption tax and licensing system for UK-facing online gaming operators has passed the committee stage in the House of Lords, with an amendment to introduce payment blocking for unlicensed operators withdrawn.

The Gambling (Licensing and Advertising) Bill 2013-14 is now just three stages away from Royal Assent, at which point it is passed into law. A total of 20 amendments to the bill were proposed by Lords representing a number of political parties, although all were withdrawn, allowing the bill to pass to the Report Stage unchanged.

Among the amendments was a proposal by crossbench peer Baroness Howe that would have seen credit and financial institutions required by law to reject payments to and from unlicensed iGaming operators.

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