Monica E. October 11, 2014 15:22:47
New remote gambling laws were supposed to come into force at the beginning of this month, but it looks like the Government went ahead of itself when it set that deadline. The Gambling (Licensing and Advertising) Act 2014 caused a lot of controversy in the online casino industry, after authorities announced they were going to […]
Monica E. July 24, 2014 14:44:24
Will Gibraltar-licensed gambling operators pay the 15% point of consumption tax or just pull out of the UK market? Whether you’re a businessman or just a person who likes to gamble on the internet, you probably know by now that the world’s largest online casinos and betting sites are hosted remotely. Isle of Man and […]
Tom S. May 19, 2014 17:27:29
The new British gambling act will soon come into force after the Queen gave her royal assent to the bill. This new law is the first change since 2005’s Gambling Act, with the major talking point being the Point of Consumption (PoC) tax. That tax means that any gambling company doing business within the UK […]
Rab April 25, 2014 16:47:31
William Hill have today announced their intention to close 109 of their British betting shops, blaming the financial effects of the new point of consumption tax. The move comes following the March budget announcement, when the British government declared that their new tax on betting shop machines would come into effect at the end of […]
Tom S. April 22, 2014 15:18:32
With the high profile recent controversies over Fixed Odds Betting Terminals (FOBTs) in the UK, bookmakers are fighting back against their detractors, defending their right to exist on the high street. The whole discussion started as bookmakers took advantage of lax British gambling laws to introduce more and more FOBTs, as well as more and […]
Rab April 10, 2014 16:38:45
The introduction of the UK’s Point of Consumption Tax in December has met objection from bookmakers; but the vocal resistance could limit their possibilities elsewhere. As of December 2014, all online and mobile betting operators based outside the UK who are selling their services to UK residents will be forced to pay a 15% tax […]
Rab April 3, 2014 19:42:44
This December, online gambling companies will be hit with a 15% Point of Consumption tax; but is this fair? In the UK March Budget statement this year, confirmation was given on plans becoming a reality that will require all remote gambling companies to pay 15% tax on the gross profits generated from UK customers regardless […]
Jennifer W. March 26, 2014 13:29:14
Bingo and beer tax cuts – are Britain’s Conservative party looking to win voters from the country’s “working class”? The new tagline from the budget, which reads: “To Help the Hardworking People Do More of the Things They Enjoy”, certainly looks that way. After Chancellor of the Exchequer George Osbourne announced that he plans to […]
Jennifer W. February 10, 2014 17:27:50
As the UK takes steps towards implementing the Point of Consumption Tax, it could spell bad news for off-shore betting firms looking towards the UK. Will it mark the demise of the UK online gambling industry? Until later this year, betting operators located in tax havens like Gibraltar are currently enjoying a 1% tax rate […]
Alex Nevsky September 15, 2013 04:57:09
Gambling Debts Not an Issue for PFA Chief Gordon Taylor
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