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Sportech VAT Hearing Date Set To April 29,2014
Wednesday February 5,2014 : BIG BUCKS SPORTECH V.A.T. HEARING DATE SET
Betting company confident of a positive outcome in its continuing fight with the British taxman.
The UK-based online betting company Sportech plc is confident that it will be successful in its GBP 95 million VAT dispute with Her Majesty's Revenue and Customs, due to be heard on appeal on April 29 and 30 this year.
The company also announced that it has successfully launched a new US flagship sports bar, restaurant and betting venue in Connecticut, where it bought a racing business three years ago (.
The new facility will allow customers to bet on horse and greyhound racing whilst on the premises, significantly enhancing Sportech's operation, which last year handled $190 million in bets.
A Sportech spokesman said that opening the new facility and upgrading the MyWinners.com website are significant steps forward.
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Gambling News :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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