Glossary

Financial terminology

EBITDA

Earnings before interest, tax, depreciation, amortisation and exceptional items

Like for Like

Excludes bingo clubs and casinos not open for a full 12 months in 2007 and 2008

Revenue

Income retained by Group after deductions for VAT and players’ winnings

Share consolidation

A reduction of a company’s shares in issue, often associated with a capital return

Special dividend

A one-time distribution of funds to shareholders

KPI terminology

Active customers/members

Unique customers visiting a bingo club or casino or operating an online or telephone betting account in the 12-month period

Admissions

Individual customer visits to bingo clubs and casinos

Operating margin

Operating profit expressed as a percentage of revenue

Spend per visit

Revenue divided by admissions

Tax and regulatory terminology

Amusement machine licence duty (AMLD)

An annual duty payment relating to gaming machines. The rate of duty payable varies according to machine category

British Gambling Prevalence Survey 2007

Study of the prevalence of gambling in Great Britain, conducted between September 2006 and March 2007

Category B1 gaming machine

Gaming machine with maximum stake of £2 and maximum prize of £4,000

Category B2 gaming machine

Gaming machine with maximum stake of £100 and maximum prize of £500

Category B3 gaming machine

Gaming machine with maximum stake of £1 and maximum prize of £500

Category B4 gaming machine

Gaming machine with maximum stake of £1 and maximum prize of £250

Category C gaming machine

Gaming machine with maximum stake of £1 and maximum prize of £70

Category D gaming machine

Gaming machine with maximum stake of 10p and a maximum prize of £5

Comisión Nacional del Juego

The governing body for the gambling industry in Spain

The 2005 Act

The Gambling Act 2005 is the primary piece of legislation governing gambling regulation in Great Britain

The 1968 Act (Gaming Act 1968)

Previously the primary piece of legislation governing gaming regulation in Great Britain (principally casino, bingo and gaming machines). The 1968 Act was superseded by the 2005 Act

GamCare

A charitable organisation that provides counselling to those with gambling-related problems

Gambling Commission

The governing body for all sectors of gambling in Great Britain, with the exceptions of the National Lottery and spread betting

HMRC

Her Majesty’s Revenue & Customs

Responsibility in Gambling Trust (RIGT)

A charity that funds treatment, education and research related to problem gambling

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Gaming industry terminology

Adult gaming centre

A gaming machines arcade

Interval games

An automated game of bingo played in a licensed club

Main stage bingo

A traditional game of bingo played in a licensed club

Pari-mutuel gaming

Gaming where players compete with each other to win prizes. The house may take a fee for organising the game but does not participate actively. Also called ‘player-to-player’ gaming

Remote betting and gaming

Gambling services offered to customers via the internet and mobile phone

Section 21 gaming machines

A gaming terminal played under Section 21 of the 1968 Gaming Act. No longer permitted under the 2005 Act

Server based gaming machines

Electronic gaming machines where games may be loaded via an internet connection

Sportsbook

The provision of betting on events of undetermined outcome, principally in sports

White label agreement

An agreement to provide interactive gambling services to customers, marketed under a third-party brand

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