Beginner’s Guide to UK Gambling Tax

Top Online Casinos Licensed by the UK Gambling Commission

UK Licensed Online Casino	Bonus Offered at Online Casino	Alternative Licenses Held
William Hill	£/€/$10 No Deposit Bonus	Gibraltar
Betfair	100% up to £/€/$100	Gibraltar
888casino	£/€/$88 Free + 100% up to £/€/$100	Gibraltar
Ladbrokes	400% up to £/€/$400	Malta
Coral Casino	150% up to £/€/$300	Gibraltar
Winner Casino	£/€/$30 Free + 200% up to £/€/$300	Antigua
Casino British	100% up to £/€/$200	Malta

The UK Gambling Commission currently licenses over 1000 companies for remote gaming, including operators such as 888, Betfair, William Hill and Ladbrokes. It also lists over 200 gaming development firms as having an active gambling software licence, including industry experts such as NextGen and OpenBet. Although it is broadly well-regarded as an institution, the UK Gambling Commission was chastised in 2014 for its alleged lack of action and advice it provided to the government in relation to Fixed Odd Betting Terminals (FOBT).

Some commentators had recommended stricter controls on the terminals, specifically either removing them from the high street or drastically reducing maximum stakes to bring them in line with other types of gambling machine. However, the Commission was criticised for recommending no immediate action, despite its vocal advocacy of taking "the precautionary approach" when it comes to risk.

Despite this incident, the Gambling Commission clearly prioritises player safety above all, and is currently reviewing a process whereby vulnerable players could exclude themselves from all casinos based in the UK (or holding a UK licence) at once, rather than having to self-exclude with each individual operator – this looks to be the next big legislative change on the horizon for the regulatory body.

How Do I Choose the Best Online Casinos in the UK?

The easiest way is to check a review like ours that lists and reviews the best casino sites the UK has to offer according to strict criteria.

You can also read casino reviews written by existing customers, although it's worth saying that these don't always paint a super accurate picture of a casino site because every player's experience is so different.

However, once you've drawn up a shortlist of the best gambling sites, it's important to take a closer look at each one before you make a final decision. Things you could look at include the games (are your favourite games available?), the bonuses, the user interface, the payment methods and the customer support.

What is real money betting?

Online gambling for real money isn’t that different from playing in a Vegas Casino.

Once you've chosen the best casino online, it is easy to create an account, claim the welcome bonus, then make your first real-money deposit using an approved banking option.

Checking out the licencing

That being said, it’s still possible for UK players to have a look at the gambling options outside of the UK. When doing this, though, there are a number of different factors that players should be considering before signing up. The first is the actual licence and whether there actually is one. We never recommend choosing a site that has no licence at all.

If a casino does not hold a licence we will not be recommending it. There are many other licences out there that have strong support and security options in place and operate in a similar way to the UKGC. This is particularly notable with regards to the Malta Gaming Authority licence, which joins the UKGC in claiming top spot when it comes to casino licences.

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Speaking of the land-based gambling activities, these are widespread. Bingo halls, as well as gambling machines in pubs, are available for players' delight.As for online gambling, it is legal as well and back in 2014, UK gambling authorities made significant changes related to online gambling activities on the territory of the country. The legislative changes affected predominantly casino operators but in order to compensate for the losses, some of them either increased the stakes or left the UK gambling scene.

The controversial amendment was the so-called Gambling (Licensing and Advertising) Act according to which foreign operators are allowed to operate in UK provided that they obtain a license from the UK Gambling Commission. Failing to do so results in penalties and their services are considered illegal. Plus, they are not allowed to advertise their operations.

In addition, the Point of Consumption tax came into force and its implementation was the main reason why some operators decided to exit the UK gambling segment. The new regulations imposed a 15% tax on the gross gaming revenue of available operators.

The implementation of the aforementioned amendments was made with the aim of generating more revenue from online gambling activities. Before the Tax, operators could base their headquarters in countries where taxes were lower and be available on the UK market at the same time. However, that's no longer a possible alternative.Yet, the implementation of the new rules met fierce opposition and the Gibraltar Betting and Gaming Association disapproved of the decision. What's more, it even challenged it at court, which made the UK officials postpone the law enactment for a month. However, many operators had left the UK gambling market before a decision was made.

Deposit funds and contact customer service

To get a positive rating from us, a casino must be easy to deposit. We make sure all of the available deposit methods are checked and that they include the most popular, like bank transfer and debit/credit card. We will also communicate anonymously with customer support to ask specific questions and get a better understanding of how fast and thorough issues are resolved.

Which are the Top 10 Online Casino Operators in the UK?

You don't want to depend on too many recommendations. This is why we offer a brief UK online casino directory that includes only the top ten UK operators. They are fully licensed, and will accept your wagers.

Recommended UK Gambling Commission Licensed Casinos

Affiliate Disclosure:At Gambling.com, we want to ensure that players are matched with the right casino and sportsbook offers for them. For this reason, some of the recommended site links are affiliate links. This means that if you visit a website through our link and make a deposit, Gambling.com will receive a commission payment at no extra cost to you.At Gambling.com, we want to ensure that players are matched with the right casino and sportsbook offers for them. For this reason, some of the recommended site links are affiliate links.At Gambling.com, we want to ensure that players are matched with the right casino and sportsbook offers for them. For this reason, some of the recommended site links are affiliate links. This means that if you visit a website through our link and make a deposit, Gambling.com will receive a commission payment at no extra cost to you. All product reviews and recommendations are still impartial as our editorial standards are designed to be commercially independent and follow a professional methodology.MoreLess

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Rainbow Riches Casino is named after the popular Irish themed Rainbow Riches slot game from Barcrest. But you’ll also find many other casino games, plus live casino and bingo.

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Gambling tax in Panama

Land-based gaming venues are required to pay municipality operational fees, facility health permits, and any other tax applicable, just like other businesses based in Panama. In addition, they pay an extra 10% tax on the monthly net revenue (depending on location, can be more than 10%), and need to pay 50,000 colones (roughly $80) per table (and probably there is a fee per slot machine as well, bu I couldn’t find info on that, if you know please drop a comment).

Internet gambling companies are exempt from any taxes, provided they don’t accept any players from Panama (and that is the reason why all Panama licensed online gambling platforms don’t accept players from Panama).

For players, taxation of gambling winnings in Panama: there was a 5.5% tax on all gambling winnings, but it was eliminated in 2019****

Free advertisement for local accountants, CPAs and accounting firms from this country

Get featured on this website, here, just right under the taxation section. Advertise your services, get a link to your own website, or the accounting firm's website you work for, on a page that is visited by gamblers looking for help with their gambling winnings, and gambling companies looking for consultants and help with their projects.And all this for free. Click on the drop down section if you are interested and want to get listed.

How to get featured

In order to get the free advertisement you must have a website (social media profile is not enough). Here is what you have to do:

• send me a link to your website, or your employer's website
• send me 1-2 sentences about you and/or your business etc.., something that describes the business, what you do, something that makes potential clients interested
• send me one single picture of your company's logo, or a picture of your office, or one of your certificates, credentials which you are proud of etc... (but don't send a picture of yourself, for legal reasons I want to avoid uploading pictures of people)

The picture must be 150x150 pixels.Contact me through the live chat, it's in the bottom right corner of the website, or in the comments section at the bottom of this page, with a link to the website you wish to advertise. If you qualify, I will give you my email address where we can discuss everything (I won't be putting my email address on the page, due to the extreme amount of spam I receive as it is).In exchange: In order to appear for free on this website, you have to link back to this guide, from your website. It must be your website, your employer's website, a law blog or something similar. The link doesn't have to be in a prominent position, or on the homepage. It can be placed at the bottom of an unimportant page, where people don't see it, that's fine with me. And 1 sentence is enough, something like this: "We are featured on Simon's Gambling and Casino Blog, at <link here>."That's all, if you are interested, get in touch. Looking forward to hearing from you.

Legal gambling age in Panama: 18+

Other:

Loot boxes, skin gambling, fantasy sports betting and social gambling are not regulated in Panama.

Sources, and main pieces of the Panama gambling legislation:

*Law 2 of 1998

**Online Gaming Act of 2002

***Statista – Number of international visitor arrivals in Panama from 2017 to 2020

****iGamingBusiness – Panama announces end of 5.5% tax on gambling winnings

Lotteries

The National Lottery of the United Kingdom is similarly governed by tight regulations. It has been in operation since 1993 and provides a variety of games such as Lotto and Thunderball. Gamblers in the United Kingdom may also participate in the EuroMillions lottery, which spans nine European nations.

8. Captain Cook’s Casino

Last, but not least, we have Captain Cook’s Casino. This is the oldest one on our list, as it emerged in 1999. Its age alone is evidence of the quality of this platform. It was licensed by the UK Gambling Commission, as well as by the MGA, allowing all UK citizens who live abroad to access it, as well.

If you are joining it for the first time, you gain a major sign-up bonus, and you are automatically added to its loyalty program. Its minimum deposit is only 5 GBP, which is also the lowest on this list, apart from Zodiac, but even Zodiac lets you deposit 1GBP only once before a minimum of 10GBP kicks in.

Captain Cook’s Casino also has a mobile app, more than 550 available games, and a shining reputation among UK users, which is why we definitely recommend checking it out. You can learn more about it in our Captain Cook’s Casino Review, or go straight to its website to sign up and receive your bonus.

Types of Offshore Online Gambling Sites  

Well just like the ones in the UK, offshore online gambling sites offer all kinds of games. And you can find sites with a focus on a certain casino game as well. Let’s see what you can expect from international gambling sites.

Use filters we offer on our UK casinos page 

We only display sites that accept UK players. You can choose to only display the ones that have exclusive Chipy deals, offer no deposit promotions, or have been launched within the last 12 months.  In addition, you can sort your results by the number of ratings, the latest added to the list, or the highest rating.

Best International Online Casinos  in 2022

To cut to the chase below you can find the list of the very best international online casinos accepting UK players!

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Contents show

1 Best International Online Casinos in 2022

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1.28.2 Prestige Spin Casino

1.28.3 Fruity Chance Casino

1.28.4 Superwins Casino

1.28.5 77X Slot Casino

1.28.6 Harry’s Casino

1.28.7 Characteristics of International Casinos Online

1.28.8 Worldwide Gambling Sites and Overseas Casinos

1.28.8.1 Australian Casinos

1.28.8.2 European Casinos

1.28.8.3 Gibraltar Casinos

1.28.8.4 USA Online Casinos

1.28.8.5 Asian Online Casinos

1.28.9 Types of Offshore Online Gambling Sites

1.28.10 International Slot Sites

1.28.11 International Poker Sites

1.28.12 International Lottery Sites

1.28.13 International Bingo Sites

1.28.13.1 International Online Gambling F&Q

The world gambling market is huge and the UK takes a big portion of it. Nonetheless, apart from the UK gambling sites, there are plenty of others where British players can enjoy iGaming. There are Aussie online casinos, EU casinos, as well as great USA online casinos to play at. The popularity of offshore online casinos is growing by the day especially since in the UK the strict gambling rules and limits are appearing constantly. International casino sites not on GamStop for British customers have a great offer of games as well as bonuses and promotions.

But bonuses and great game collection are not the only pros of international casinos. There are many other advantages as well. Other advantages include, for example, unique casino games that won’t be found at UK casinos. Furthermore, live casino sections of international betting sites and casinos are excellent. Just take Superwins Casino as an example where you can find a full offer of Evolution Gaming live casino games.

Then, if you are into something more exciting, there are several adult casinos where you can enjoy a variety of adult casino games. Believe it or not, these are pretty popular among players all around the world. So if you are interested to find out more about foreign casinos, then keep reading. Here, we will present you with the most important features of international gambling sites.

Further in the text, you will find:  

• a list of the best international gambling sites for UK players 
• short reviews of the top offshore online casinos  
• features of international gambling sites  
• pros and cons of offshore casinos 

Features of all international sites we’ve reviewed:  

• Licensed 
• Safe 
• Tested  
• Have quick payouts  
• Have a good customer support 
• Big game collections 

Other Restrictions for Gambling Operators

Harsh restrictions for the gambling industry have been in place in the U.K. since 2014. At that time, evident anti-money laundering principles were formed. Since 2018, the rules regarding the operation of fixed-rate FOBT terminals have come into force – the law sets an upper limit on the possible bet. As of April 2019, the tax on online gambling increased by 6%.

Last year, ministers of the Department of Digital, Culture, Media and Sports held formal meetings with banking structures and gambling operators’ representatives. The possibility of companies in England to use new technology and user data to prevent the spread of dangerous gambling and the development of addiction in the population was discussed.

Deposit Bonus 

The deposit bonus is available for both new and already existing punters. To receive this offer, then you need to ensure you have deposited at least the minimum amount.

When to Use a VPN for Gambling Online

Seeing the risks, you might think that using a VPN to gamble online is nothing but trouble. To an extent, this is true, but some people have different motivations for using a VPN.

Most online gamblers that use a VPN do so because they’re temporarily abroad. They have legal, verified access to an online gambling site in their home country, but they’re away for vacation or on a business trip, so they can’t access the site as they usually would (even if temporarily). However, by using a VPN, they can still get access with their usual credentials.

Some people wait until they’re home to withdraw their money, as they may be unable to do so from abroad. We’ve had reports from readers who confirm that you could be expected to jump through extra hoops to get your payout. When attempting to withdraw winnings from Coral and 888Casino in the United Kingdom, one user was asked to provide proof of ID and address, despite having already done so when the account was opened.

So, if you’re an avid gambler, and you’re going abroad for a short amount of time, using a VPN might be an option to continue to participate in your favorite online casino or gambling games. Just remember that you could be risking your winnings or even your account if you do so.

Ocean Breeze casino

Ocean Breeze casino works with enviable software providers to deliver gamers with safe, exciting, and rewarding casino games. The gambling site features popular slot games like Book of Dead, Majestic King, Gonzos Quest, Starburst, Fruit Shop, etc. Also, the website is easy to navigate, and it comes with attractive graphics and themes. Ocean Breeze casino supports several payment options, including Skrill, American Express, Neteller, Bitcoin, Bank Transfer, etc. If you have questions, you can easily contact the support agents via different contact channels, including online chat, telephone, and email.

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What Types of Licenses May Non-UK License Casinos Have?

Non-UK licenced casinos can be regulated by such industry authorities:

• Curacao E-gaming;
• Malta Gaming Authority;
• KahnawakeGambling Commission;
• CostaRica Gambling Licenses;
• Gibraltar Gambling Commissioner.

If any non-UK casino accepting UK players is licensed by one of these authorities, it will follow all the appropriate regulations. You’ll still get high protection level, fair gaming and all the responsible gambling tools you may need. If you want to check whether the casino’s license is valid, you can visit the official website of the appropriate authority. The site can also be used to report any issue with an online casino that is licensed and regulated by this company.

USA Casinos that accept UK Players

The USA Casinos that accept UK Players are very rare. It is illegal to offer online casino services in many states in the US, but in some states, New Jersey, there is a license for online casinos. To operate an online casino in the US, you must have a land-based casino, which makes it very hard and very expensive. Casinos are offering US players illegal casino alternatives, but these casinos are not recommended to play at.

Credit Card Gambling Banned

Credit cards were banned 14 April 2020. This means that all UKGC licensed casinos cannot accept deposits via credit cards. Debit cards are allowed as per usual. Credit Cards that were added before 6 April 2020 will not be enabled for deposit purpose, only for withdrawals.

Placing Your Bets Offshore

If you’ve gambled online, you’ve likely noticed that the industry continues to evolve. That’s true whether we are talking about the quality of the games, technological aspects like mobile betting, or regulatory and tax issues. As you might know, many of the sites that operate in the United Kingdom are based offshore. Some of these offshore operations were originally based in Britain, but quickly realised they could reduce their tax burden by locating their servers elsewhere and incorporating in a tax-free jurisdiction.

In order to counteract these moves, the UK Gambling Commission now requires all sites that welcome British customers to be fully licensed, whether they are physically based in Britain or elsewhere. In addition, these sites must also pay the same 15% tax as their British counterparts. Of course, as a player you won’t have to deal with these taxes. Nevertheless, a level playing field reduces the odds of the government making changes that negatively impact bettors.