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UK Point Of Consumption Tax On Gambling

4/19/2012 : THE ROCK MULLS OPTIONS ON UK POC TAX AND SECONDARY LICENCING
 
Legal action not out of the question
 
The British Government's plan to implement a "Point of Consumption" tax on online gambling operators understandably has the Gibraltar Government concerned says a report appearing in the Gibraltar Chronicle.
 
Gibraltar's gaming industry provides a key income stream to the territory and provides employment to close to 2200 as well as an additional 3000 jobs to citizens in financial services.
 
Chief Minister Fabian Picardo has reportedly reminded the British Government of the liability it would face if one of Gibraltar's key income streams is slashed.
 
The report says that leading figures of Gibraltar's gaming industry, with the support of the territory's Government, are taking steps that may include legal action in a bid to protect Gibraltar's gaming industry.
 
Maria Brennan of HM Treasury is reported to be in Gibraltar for discussions around the issue while attending the eGaming Summit opened this week.
 
Gaming Minister Gilbert Licudi, who opened the Summit, has openly opposed any move regarding the implementation of a British secondary licence for Gibraltar-licenced operators servicing the UK market saying they are already protected by Gibraltar’s strict licensing and supervision regime, “our regulation is second to none, it is as high, or higher, than in the UK,” he said earlier this year.



Gambling News :

Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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