Overview

The Offshore Gambling Bill aims to regulate online gambling targeting UK consumers, regardless of the gambling operator's location. It seeks to ensure all such operators are licensed by the Gambling Commission, contribute to the Horserace Betting Levy, and comply with UK advertising rules.

Description

This bill primarily amends the Gambling Act 2005 and the Betting, Gaming and Lotteries Act 1963. Key changes include:

• Licensing: Extends the licensing requirements of the Gambling Commission to all remote gambling operators offering services to UK consumers, whether based in the UK or overseas. This is a "point of consumption" model, meaning licensing is determined by where the customer is located, not the operator.
• Advertising: Repeals existing rules around advertising foreign gambling and replaces them with regulations ensuring that all advertising of remote gambling targeting the UK market complies with UK law.
• Horserace Betting Levy: Requires all licensed remote gambling operators offering bets on horse races to contribute to the Horserace Betting Levy.

Government Spending

The bill's financial impact on UK government spending is not explicitly stated in the provided text. It's likely to increase revenue through licensing fees and levy contributions but the exact figures aren't available. Enforcement costs will also need to be considered.

Groups Affected

• Online Gambling Operators: Both UK and overseas operators targeting the UK market will be affected by new licensing, advertising, and levy requirements. Compliance costs could be significant for some.
• UK Consumers: May benefit from increased consumer protection and a fairer gambling environment. However, the impact of any increased enforcement on accessibility is uncertain.
• Gambling Commission: Will have increased responsibilities in licensing and regulating a wider range of operators.
• Horseracing Industry: Will receive increased revenue through the levy, potentially contributing to its long-term sustainability.

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