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UK POC Gambling BIll Thru Second Reading
Wednesday November 6,2013 : BRIT P.O.C. ONLINE GAMBLING BILL THROUGH SECOND READING
No serious problems as secondary licensing and taxation bill progresses.
Legislation that will compel all online gambling operators seeking to access the UK punter to take out secondary licensing and pay taxes in Britain has sailed through its second reading in parliament with more general than specific discussion and few problems.
The Gambling (Licensing & Advertising) Bill appears to have cross-party support and is likely to be implemented in December 2014 at the latest, observers noted after the reading.
There were suggestions around a lower taxation rate, but the discussion tended to illustrate that most politicians do not have a comprehensive knowledge of the industry or online gambling in general.
There was some digression into the controversial topic of Fixed Odds Betting Terminals in retail betting shops, a related but not pertinent subject in the online gambling context.
Transitional licensing for operators already in the UK market will probably be available from April next year.
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2017 Aussie Millions Event 1 -
The Melbourne-based player bested a field of 1,565 entries - 245 up on last year's equivalent - to end up in the heads up with New Zealnad's Qiang Fu, but not before both he and Qiang had narrowly escaped at the four-handed stage when they were the low stacks.
Swiss Reject idea to Block Gambling Websites -
The Legal Affairs Committee of the Swiss National Council has nixed new regulations which would have blocked access to online gambling sites in Switzerland, according to local media reports Tuesday.
Growth Ahead For Online Gambling -
Transparency Market Research has issued a teaser on its latest international online gambling and betting survey, forecasting that the industry will grow at a Compound Annual Growth Rate (CAGR) of 10.8 percent by 2024.
New Qubit software For SkyBetting -
#qubit Sky Betting & Gaming aims to top its record 50 percent revenue growth last year with new player differentiation software and expertise provided by the Qubit company.
Slotfather II Slot Launching -
#betsoft The first is a sequel to the popular gangster-themed online slot Slotfather, unsurprisingly titled Slotfather II, whilst the other is a new 243 ways-to-win game titled Fa Fa Twins..
Massachusetts Online Lottery Bill -
Flanagan's confidence was clearly boosted by the bill's success in the Senate last year, although it was not developed by the House and ran out of time.
Italy Doing Well With Online Sports betting -
The latest numbers from the Italian regulator show that online sports betting remains king when it comes to internet gambling in the market, generating Euro 391.8 million in turnover in December 2016.
Michigan To Reintroduce Online Gambling Bill -
#Michigan state Sen. Mike Kowell's staff have confirmed that the senator plans to reintroduce his online gambling legalization bill, which failed to make it through the last legislative season.
MGM Buys DC office building For lobbying team -
#MGM Resorts International has bought a new Washington, D.C., office building for its in-house lobbying team, led by former chief counsel to the now retired Nevada Sen. Harry Reid, Ayesha Khanna.
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