Gambling Commission confirms destination of regulatory settlement money
Following the Gambling Commission’s consultation in February on the destination of future regulatory settlements, the background to which is discussed in our previous blog, the Gambling Commission confirmed on 22 July 2026 that future regulatory settlements will be paid into the Government’s Consolidated Fund. The Consolidated Fund serves as the UK Government’s primary account for receiving the proceeds of taxation and other government receipts.
Considering the new statutory levy arrangements, this decision is intended to prevent the emergence of a dual funding structure and to avoid duplicating work already supported by the statutory levy.
As a result, Section 2.39 of the Gambling Commission’s Statement of principles for determining financial penalties has been amended to confirm that payments made in lieu of a financial penalty as part of a regulatory settlement will now be paid into the Consolidated Fund in the same way as financial penalties imposed under section 121 of the Gambling Act 2005.
Next steps
Please get in touch with us if you have any questions about regulatory settlements.