Source · Select Committees · Culture, Media and Sport Committee
Recommendation 3
3
Acknowledged
Paragraph: 19
Annual fee adjustment power will properly resource Gambling Commission for White Paper reforms.
Conclusion
We welcome the forthcoming review of the Gambling Commission’s fees and the proposal to give the Commission the power to adjust its own fees annually. These will be vital to ensure the regulator is properly resourced to implement the White Paper’s reforms and respond to future developments in a rapidly developing online industry.
Government Response Summary
The government welcomes the committee’s endorsement of the proposal to give the Gambling Commission authority to set licence fees and will continue to work on reforms to the funding framework to ensure adequate resourcing.
Paragraph Reference:
19
Government Response
Acknowledged
HM Government
Acknowledged
We welcome the Committee’s endorsement of the white paper proposal to give the Gambling Commission the authority to set licence fees, and the Government will continue to work with the Gambling Commission to deliver reforms to its funding framework. A revised funding system will enable the Gambling Commission to adjust its fees on an annual basis where necessary, increasing or reducing fees as appropriate. This will ensure its overall income remains at the right level to respond to challenges, cover the cost of regulation and allocate those costs fairly between licensees, as is the case with other regulators. Consumers and the wider public will benefit from a regulator that is appropriately resourced to pursue the licensing objectives and which has the additional flexibility to meet the challenges posed by an evolving gambling market, illegal gambling and boundary-pushing products.