Wed. Nov 20th, 2024
Gambling Commission updates regulations

On July 1 the UK Gambling Commission updated its regulations to require all licensees to submit their regulatory returns on a quarterly basis within 28 days of the end of the reporting period.


GC

Quarterly returns support the commission’s aim to be a risk-based, evidence-led and outcomes focused regulator and contribute towards aspirations outlined in its Corporate Strategy 2024 to 2027 to use data and analytics to make gambling regulation more effective.

“As well as quarterly submissions for all licensees, we have introduced harmonised reporting periods which means all licensees submit data for the same time period, in the first instance for the period July 1, 2024 to September 30, 2024,” the commission stated.

“This is important as more regular data, coupled with harmonised reporting periods will ensure the commission can analyse changes in the market on a timely basis and manage our income more effectively.

“It will also mean we can publish this information more frequently for those wanting to use our official statistics on the gambling market for their own work.”

By Xplayer