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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.
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Local Florida Poker Pros Scam Marc Klang For $500k -
Previous scumbag rightfully wins over $500,000 gambling against a conglomerate of local poker pros. After using every excuse possible, said group decides they are not paying out any money. After some time they pay out $43k of 500k. Winner warns community of the groups actions to prevent similar future scams.
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This 3-row, 5-reel slot features Multipliers, Wilds, Free Spins and four Progressive Jackpot levels offering increasing wins to heighten player engagement.
2017 Aussie Milliona Updates Events 2,3,4 -
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Juventus name VWin as Partner -
“We are very satisfied with this new regional partnership that confirms Juventus’ global growth in high potential markets such as this one,” Giorgio Ricci, co-chief revenue officer & head of global partnerships and global revenue for Juventus said.
Luckia Group 2016 Results -
The group reports record turnover of Euro 269.66 million, up 12 percent over full year 2015 with EBITDA standing at Euro 44 million, a 26 percent increase over the previous year.
Fire Rooster Slot Launches -
This 5-reel, graphic-rich slot is based on the Chinese legend, The Rooster’s Lament, in which the Jade Emperor chooses specific animals to represent the months of the year.
n2-Live Updates -
The company promises new features designed to enhance the playing experience that “further distance our gaming solutions from the ‘me too’ products currently available in the market place.”
Betfred FY 2016 -
Betfred has seemingly reversed its fortunes with a strong 2016 delivering a GBP 28,438,000 operating profit as opposed to the GBP 77,312,000 loss in fiscal year 2015.
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