The Isle of Man Treasury Department has proposed to bring forward a Bill to update and simplify the law dealing with the excise duty aspects of gambling law. The Bill will replace the existing Betting Act 1970. The Bill would enable a single Act to deal with both online gambling and on and off-course betting and pool betting. It is not intended to deal with the regulatory aspects of the social law governing gambling (including licensing, under-age and problem gambling) or with any anti-money laundering aspects.