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Review of Britans New POC Gambling Tax
Tuesday March 5, 2013 : BRITAIN'S NEW P.O.C. ONLINE GAMBLING TAX REVIEW EXTENDED (Update)
Malta complaint to EC just further complicated the issue
Britains proposed imposition of a secondary licensing and point-of-consumption tax on offshore internet gambling firms wishing to access the UK market just became more complicated with the announcement that the European Commission, to whom the proposal has been submitted, has extended its three month review period by a full month following a complaint from the island of Malta, a major licenser of online gambling companies.
Malta's beef has not been detailed, but will undoubtedly include the free passage of trade and services provisions enshrined in the European Union treaty to which Britain is a signatory.
The UK government will have to respond to Malta's claims in the complaint, and may not implement the new laws for the next six months...not necessarily a disaster, as the target date for implementation is end 2014.
The Malta complaint is just one in a growing number of voices raised in opposition to the British government's plans, including the licensing jurisdiction of Gibraltar, which is planning a legal attack if necessary, and several major British gambling groups that have shifted their online gambling divisions offshore to take advantage of more business-friendly tax regimes in order to better compete in the online market.
Gambling News :
US$30M DUBAI WORLD CUP -
Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines
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.
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.
NBA Odds: Clippers Try to Slow Down Bucks in LA -
Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.
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.
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