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ROW OVER RACING LEVY SET TO CONTINUE

Tuesday August 7,2012 :  BETTING EXCHANGE ROW OVER RACING LEVY SET TO CONTINUE (Update)
 
William Hill plc lodges appeal against judgement that customers of betting exchanges need not pay horserace levy
 
The dispute over whether betting exchange punters should make a contribution to the UK Horserace Betting Levy is far from over despite the findings of a judicial review which concluded on July 20 that it was not necessary for betting exchange players to pay towards the levy.
 
British bookie firm William Hill plc announced Monday that it has lodged an appeal against the review's finding, claiming that it left "confusion on the correct interpretation of who ought rightly to be considered a bookmaker."
 
The bookmaker has served notice that it intends to argue that the distinction between different types of sportsbetting entities was not properly argued and therefore remains unclear, making it necessary to appeal the case.
 
Chief executive Ralph Topping commented: “We think it is important for bookmakers, the Horserace Betting Levy Board and horseracing that we take this to the Court of Appeal.”
 
“Independently from all the arguments put before him, the judge drew his own conclusions as to the meaning of the act in question and we were never given an opportunity to address that thinking.
 
“We don’t think it is right. The only simple interpretation of his judgement: i.e. that no users of exchanges pay levy, ever, seems to go against what Parliament has said previously about both levy, taxation and licensing and could, if unchallenged, totally undermine any value in the Horserace Betting Levy.
 
“We are certain this is fundamental to the future of the Horserace Betting Levy Board and, hence, important to British horseracing and bookmakers and, once again, we believe it requires clarification.”



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NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

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NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

Dollars to Donuts Slot Launch - Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.

Secret Symbol Slot - RTG will soon release 'Secret Symbol', a 5 Reel Video Slot on 3/15/2017.

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