Management Policy and Practices in Modern Casino Operations on JSTOR

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Authorised betting operators

Authorised betting operations gambling code of practice

Inducements and complimentary gambling products - Gambling Administration Guidelines

Activity statements and gambling account detailed transaction history - Gambling Administration Guidelines

Additional guidelines are available on the CBS website.

View and search the LCCP online

You can now view the full LCCP online, navigate through sections and find related information the conditions and codes of practice.

Version effective from 12 September 2022

We will consult widely on any changes so come back to this page frequently to check for the most up to date information.

We think that the most effective regulatory approach is to focus on the outcomes to be achieved.

In some areas we specify particular rules or processes, but where possible, we aim to allow you to take your own approach to meet our requirements.

The LCCP is not static, we make amendments or additions to take account of developments in the industry or emerging evidence on the most effective means of promoting socially responsible gambling.

4.1 Provincial Casinos

Basis of Valuation

The rentals method of valuation is the only method appropriate to casinos and gaming clubs. This valuation approach was accepted by the Lands Tribunal in the case of Clockfair Ltd v Harrington (VO) [2006] RA 286, on a hereditament which, following conversion from earlier uses, now fell within the mode or category of occupation as a casino. In dismissing the appeal, the member rejected all other methods of valuation propounded by the Appellant. The valuation assumes the suitability of the property to be occupied as a casino or gaming club and to obtain a licence to operate as such.

Rents

Examination of the limited number of known rents does not show any discernible pattern, with shell rental levels varying widely from £70 m2 to £150 m2 (GIA). This is not surprising given the wide variations in the character and locations of these properties, which range from the best new purpose-built clubs to the poorest conversions of former residential and commercial buildings.

Leases invariably require close examination, particularly for converted properties, which often have terms that relate to both existing and alternative uses, which may be inconsistent with valuation as a casino, under the rating hypothesis.

Developments in recent years have been confined to re-locations and a handful of new clubs within existing permitted areas. Whilst the best new purpose built casinos may have seen rental growth since 2003, particularly in the first half of the period between revaluations, many of the older converted clubs in poorer locations may show little or no rental growth. However, there is no evidence of a drop in rental values. Many rent reviews from 2006 onwards are yet to be resolved. The foregoing comments are made without taking into account any effect the Smoking Ban may have had on rental values. At present there is no evidence of rents agreed following its implementation. Values adopted for R2010 should reflect any allowances made to 2005 List rating assessments for the Smoking Ban.

Survey Requirements

All surveys of provincial casinos should be to Gross Internal Area (GIA) basis, which enables a consistent valuation approach. This approach has been adopted in previous lists and should be continued.

**Fit-out **

An addition to shell rents is to be made for fitting-out, and similar percentages to those adopted for 2005 should be applied for 2010. The maximum addition for fit –out should be 25%, which should be used for the most recent developments/re-developments from the mid 1990’s onward (third generation casinos).

Second generation covers a wide variety of properties, most likely to have been conversions from the mid 1970’s where the original shell would usually have an open floor plate to give some flexibility to the layout. The addition should fall in the range of 15–25%, the latter only being appropriate to the best re-fits to a standard comparable with third generation casinos.

First generation will include those properties that are compromised in their location, layout and flexibility. The nature of their layout, often with structural walls, which provide little flexibility, is an aspect often found in many of the former old houses that were first converted to casino use. The addition for this class should be 5 – 15% dependant upon quality, the extent to which adaptation has taken place and the date of the last major re-fit. Many of these casinos have closed and been relocated to more modern and better-situated premises in the last ten years. Where a casino is in a good location and fitted out to a very high standard a higher addition for fit-out may be adopted.

When considering if any adjustment for fit-out made for the 2005 Rating Lists needs amending for the R2010 assessment the large rise in costs of such fit-outs between the AVDs should be borne in mind.Smoking Ban

Valuations for R2010 should reflect any adjustment made in the 2005 Rating Lists for the effects of the smoking ban.

NT Code of Practice for Responsible Gambling 2022

Remote gaming from Gibraltar

All gambling operations in Gibraltar require licensing under the Gambling Act 2005 ("the Act"). Remote Gambling licences, including for telephone and Internet betting, are issued by the Licensing Authority. The Gambling Commissioner, appointed under the provisions of the Act, is granted powers to ensure that licensees conduct their operations in accordance with their licenses and maintain the good reputation of Gibraltar.

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Gaming machine operators

Gaming machines gambling code of practice

Additional guidelines are available on the CBS website.

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