The UK Gambling Commission (UKGC) has introduced quarterly regulatory reporting requirements for gambling companies

The UK Gambling Commission (UKGC) has mandated that all licensed operators submit regulatory reports every three months, a significant change from the previous annual reporting requirement. This amendment has been incorporated into the License Conditions and Codes of Practice (LCCP).
The new quarterly reporting aims to ensure the relevance and timeliness of the data collected, as well as to enhance player protection measures. Additionally, these reports are expected to improve the operational efficiency of companies holding multiple types of licenses. According to the UKGC, all submitted data will be aligned with a unified reporting period, streamlining the process for operators.
A survey of gambling companies revealed that 49% of licensees fully or partially support this decision. Respondents highlighted the potential of quarterly reporting to provide better insights into regular changes in the gambling sector and to reduce response times in the event of unforeseen issues.
The Commission cited several advantages of quarterly reports, including improved budget planning, a deeper understanding of revenue levels, and a more accurate picture of the gambling industry. It is also anticipated that this change will help align UK gambling legislation with the evolving landscape of the industry.
"By standardizing reporting periods across the industry, the quality of our data will improve. We will no longer need to allocate information from each operator across the financial year," the UKGC stated.
The Commission is confident that the benefits of quarterly reporting outweigh the additional costs and administrative efforts required from operators. This initiative is part of the UKGC's goal to become a data-driven regulatory body focused on outcomes.
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