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Standards

Bingo and casino technical requirements

Bingo and casino technical requirements under section 85 and section 89 of the Gambling Act 2005.

Published
5 May 2021

Last updated
15 October 2025 - Changes

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  1. Contents
  2. g. Right of use assets

g. Right of use assets

The Gambling Commission holds 2 lease arrangements: one for office accommodation and one for photocopiers. Both leases are considered immaterial in value.

Right-of-use assets and lease liabilities are measured using the cost model, which is considered an appropriate proxy for fair value under the FReM. Lease payments are fixed and do not include variable elements such as RPI or CPI uplifts.

The lease term reflects management’s judgement on the likelihood of exercising extension or break options, which is reassessed if significant changes occur (IFRS 16.18).

Right-of-use assets are depreciated on a straight-line basis over the lease term. Lease liabilities are measured at amortised cost, using the HMT discount rate where the implicit rate is not readily determinable.

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