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UK Gambling Commission consults on directing settlements to Consolidated Fund

Regulation

The Gambling Commission is consulting on a proposal to direct regulatory settlements from British betting operators to the UK government’s Consolidated Fund. The consultation runs until 2 April; the regulator says the change could reduce overlap with work funded by the gambling levy and address criticism that enforcement payments support research.

The proposal could change where operators’ regulatory settlements are paid and how those funds are allocated.

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Regulation

UK Gambling Commission consults on reducing regulatory burdens

The UK Gambling Commission has invited industry proposals on simplifying regulatory obligations, according to the report. Submissions are due by the end of September and may cover licence conditions, codes of practice, technical standards, reporting and operational processes; the regulator says consumer protection and other statutory aims must remain intact.

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