Bingo Licensing Fees Increase
Thursday, February 3rd, 2011 - Alfie Williams.
Gaming is one of the best ways for local governments to generate revenue, but it seems that local authorities in the UK are targeting the wrong operators as they search for additional gaming revenue. Currently, councils across the country are in the process of raising licensing fees for bingo halls and other gaming venues.
Just a few years ago, bingo halls were required to pay only one fee to the government for licensing. Now, operators must pay an operating fee in addition to that, the amount of which is set by local gaming authorities. East Riding is just one of the authorities that has reported that its fees are likely to increase by 60% in the near future. Currently, costs are just £600, but they may soon become £1000.
East Riding already makes £60 000 in licensing fees from venues in the area, and the increase will result in an additional £10 000 for the council.
Other authorities charge significantly more for the gaming licenses, as a licenses in locations like Hull, York, Scarborough and Selby Council can cost anywhere from £1700 to £3500.
These expensive licensing costs are likely going to contribute to the decline of the land-based gambling industry. With a decline in membership due to VAT increases and the smoking ban, land-based bingo halls cannot afford higher licensing fees.
You must be over 18 years of age to register and to place a bet. The company reserves the right to ask for proof of age from any customer and customer accounts may be suspended until satisfactory proof of age is provided.
St Minver Limited is licensed by the Gibraltar Licensing Authority and regulated by the Gibraltar Regulatory Authority under the 'Gambling Act 2005'.