Consultation on Regulatory Settlements Destination Update

UK Gambling Commission News

Published February 5th, 2026

Detected March 13th, 2026

Summary

The UK Gambling Commission is consulting on updating the destination of regulatory settlements, proposing to direct them to the Consolidated Fund. This change aligns with the new statutory levy and the wind-down of GambleAware.

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What changed

The UK Gambling Commission has launched a consultation on proposed changes to the destination of regulatory settlements, including payments in lieu of financial penalties. The Commission proposes to direct these settlements to the Consolidated Fund, aligning them with the destination of financial penalties and the proceeds of taxation. This update is necessitated by the implementation of the Government's statutory levy and the subsequent wind-down of the charity GambleAware, aiming to avoid a dual system and duplication of work funded by the levy.

Regulated entities and interested parties are invited to provide comments on this proposed update. The consultation period is open, and the Commission seeks feedback on aligning regulatory settlement destinations with financial penalties. While no specific compliance deadline is mentioned for the change itself, the consultation is active, and feedback is crucial for shaping the final policy. Failure to comply with future settlement directives could result in further regulatory action.

What to do next

Review the consultation document regarding the proposed update to the destination of regulatory settlements.
Submit comments to the UK Gambling Commission on the proposed changes by the consultation deadline.
Prepare for potential future directives regarding the destination of regulatory settlements.

Source document (simplified)

Consultation on update to the destination of regulatory settlements

05 February 2026

Regulatory settlements, including those that involve a payment in lieu of a financial penalty, are an important option in the Commission’s regulatory toolkit.

Implementation of the Government’s statutory levy (opens in new tab) and the resulting wind down of the charity GambleAware means the Commission needs to update its Statement of Principles for Determining Financial Penalties concerning the destination of regulatory settlements.

The Commission proposes to align the future destination to that of financial penalties and direct regulatory settlements to the Consolidated Fund, which receives the proceeds of taxation and other government receipts which fund public expenditure.

This proposal takes account of the new levy commissioning structures and avoids a dual system or any duplication of work funded by the statutory levy.

The Commission welcomes comments on this proposed update to the destination of regulatory settlements.

Read our consultation and have your say (opens in new tab).

Last updated: 11 March 2026

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