After some years in the making the new Gambling Bill proposes an
Act (“New Act”) providing a modernised
framework for the licensing and regulation of the Gibraltar
gambling industry. It has been published today. Below is a summary
of the key changes.
KEY CHANGES
Under the New Act “regulated activities” are
prescribed by Sections 17 - 19.
The New Act will introduce regulations to underpin new fees for
all licence types and verticals prescribed.
There are currently no plans to change gambling duty rates for
B2Cs nor to impose gambling duty on B2B operators who will remain
exempt to duty under the New Act.
The supply of betting data on its own will not be licensable
under the New Act.
