Strategy
National Strategy to Reduce Gambling Harms 2019 to 2022
The sole aim of this three-year (2019 to 2022) National Strategy was to move faster and go further to reduce gambling harms.
5b. Gambling Act 2005 income recognised
Fees payable under the Act are identified by income stream and released to the Gambling Commission's Statement of Comprehensive Net Expenditure (SoCNE) in accordance with the Commission's Financial and Accounting Policy.
Recognised fee income is included within the SoCNE as ‘Licence Fee income’.
Gambling Act 2005 fee income recognised in the year is as follows.
Gambling Act 2005 fee income
| Description | 2023 to 2024 ￡ thousands |
2022 to 2023 ￡ thousands |
|---|---|---|
| Operator licence applications | ||
| Application fees | 1,209 | 2,051 |
| Annual fees | 23,865 | 22,894 |
| Personal licence applications | 751 | 758 |
| Total fee income | 25,825 | 25,703 |
| Interest received1 | 629 | 457 |
| Total | 26,454 | 26,160 |
References
1 Interest received on fee income has significantly increased during 2023 to 2024 due to the full year effect of increases in Bank of England rates during the previous year.
Last updated: 17 October 2024
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