Compliance Updates

Gambling Commission’s new reporting requirements now in force

Published

7 months ago

July 4, 2024

Gambling Commission's new reporting requirements now in force

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From 1 July, operators must submit their regulatory returns every quarter, with the new reporting period ending in September, warns licensing law firm Poppleston Allen

The Gambling Commission has made good on its March promise to introduce a new condition on licence holders, which began on Monday.

Under the new condition, all licensees must submit regulatory returns on a quarterly basis, and within 28 days of the end of each quarter.

Any previous returns that included the 30th June 2024, will now fall due on either the 28th July or the 11th August 2024 – depending upon the operating licence – and the new reporting period starts today and will run until 30 September 2024.

Going forward, all operating licences will be harmonised, and the regulatory returns will be due within 28 days of the end of the quarterly period with the July to September 2024 return being due on the 28th October 2024.

Felix Faulkner, solicitor for Poppleston Allen, said: “We advised all licence holders back in March to be aware of this new change, coming into effect this summer. It behoves all licensees to make sure the appropriate teams are abreast of their obligations and that all the ducks are in a row ahead of the 28 July due date.”

Operators must make sure they are aware of this change, as although regulatory returns are largely an administrative function of holding an operating licence, the failure to file them with the Commission could result in enforcement penalties.

Related Topics:Poppleston Allen UK

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