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£6.9 billion – Total GGY for Remote Casino, Betting and Bingo Sector (April 2023 to March 2024) (6.9 percent increase on April 2022 to March 2023 and a 20.3 percent increase on the last pre-lockdown period of April 2019 to March 2020) GGY is £234.1 million for bingo games and £394.0 million for bingo machines for this latest reporting period. This is a decrease of £151.8 million (14.9 percent) in GGY from the last pre-lockdown period. That’s a decrease of 85 (1.4 percent) on the previous period and 1,808 (17.8 percent) on the pre-lockdown period). This is a 2.1 percent increase on the previous period end and a 29.4 percent increase on the last pre-lockdown period end. The total funds held in customer accounts was at £896.3 million at the end of the reporting period.
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Commercial bingo operators, whether online or land-based, require a UKGC licence, while non-commercial bingo operators (such as community bingo halls) may not require a licence but are sure to need a local permit. Additionally, games can no longer celebrate ‘losses disguised as wins’ (where animations cheer for a win that is actually smaller than your stake). It’s not just about the payouts, it’s about how the game plays. As for A-category gaming machines (unlimited stakes and prizes), these are completely banned by the UKGC. But here’s something not everyone knows – not all gaming machines are the same. You know, those fruit machines and jackpot slots everyone’s talking about.
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Remote betting on UK horse racing will be excluded from the new duty rate, as will any bets placed via self-service betting terminals on licenced premises, and these will instead remain chargeable at a rate of 15%. The new duty rate of 25% for remote betting will be chargeable on profits from remote betting from 1 April 2027 onwards. Consequently, the government will not proceed with introducing a Remote Betting and Gaming Duty rate, and will instead introduce changes that retain a differential between rates on remote betting and gaming duties. The government will therefore implement a lower tax rise for remote betting than remote gaming, while keeping General Betting Duty at 15%. Bets placed via self-service betting terminals on licenced betting premises will not be treated as being placed remotely and will remain subject to the 15% rate for general bets.
However, bookmakers who have a five-minute rule tend to enforce it for coupon bets. If you feel that the bookmaker has misled you about the terms of a goalscorer bet, you can use our free goalscorer betting complaint tool to make a complaint. If, however, the bookmaker doesn’t have an anytime market available, they will typically accept the bet as a bet settled on the first goalscorer (depending on the bookmaker’s rules). Be careful to determine whether you’re betting on the outright result of the match or simply the 90-minute result. If you have opened an account and accepted a signup offer yourself, you may encounter problems if someone else in your household then opens an account with the same company.
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