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Required Gambling Licenses in the UK

Today in the United Kingdom can operate stationary and virtual gambling institutions. Operators get licensing permission if bets are accepted from UK residents. They are also taxed at 15% of income.Licensing for the opening of gambling establishments is carried out by the UK Gambling Commission. This body monitors how gambling companies comply with the laws and applies sanctions against violators. In the UK, the following types of gambling licenses are distinguished:


-personal manager license. Such a document should be received by every employee of the gambling company, who is responsible for solving problems related to the implementation of gambling operations, financial planning, commercial business development, ensuring the security of the institution and other functions. An application for such a license is processed for about two months. However, it will not be needed by those companies with up to three executives;


-operating license. There are several varieties of such permits. They differ depending on the type of gambling entertainment that the operator offers;


-personal functional license. It is issued to dealers, croupiers, pit bosses, casino inspectors, security personnel;


-room license. Such a document is received by entrepreneurs who open stationary gambling establishments.


It is important to consider that there are licenses for terrestrial and virtual gambling establishments.


The cost of a license certificate depends on the type of permit, the total amount of the company’s income and other factors. For example, a personal manager license costs £ 370, and the annual license fee can vary from £ 1,000 to £ 155,000. More information here - https://en.wikipedia.org/wiki/License


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