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Gibraltar in talks with UK on POC Tax
Thursday October 24,2013 : GIBRALTAR GOVT IN TALKS WITH UK TREASURY ON UK POC TAX
No plans to initiate legal action, prefers to hammer out a deal with the UK Government
Despite numerous media reports on the Gibraltar Government's supposed leaning towards taking legal action against the British Government regarding the imminent application of a point-of-consumption tax, Chief Minister Fabian Picardo ruled out that prospect at a gaming industry briefing held in London earlier this week.
The Gibraltar Times reports Picardo, while addressing a top-level gathering of executives, saying Gibraltar has urged the British Government to work with it in hammering out a solution and that Gibraltar is in ongoing discussions with the UK Treasury regarding the issue.
He, however, didn't rule out the same for the Gibraltar Betting and Gaming Association (GBGA) saying: “Of course, although the Government of Gibraltar will not be in any way involved in legal action against Her Majesty’s Government of the United Kingdom, we keep a careful eye on what it is that we are advised by those who advise the GBGA may be the legal issues that arise,” he said.
Gibraltar Minister of Finance Albert Isola, who earlier addressed the delegation of gaming executives, government officials, MP's and lawyers, reiterated the Gibraltar Government's underlying commitment to a high standard of regulation of the online gaming space saying:
"Gambling and remote gambling have always been contentious and politically sensitive issues.
“These are amongst the many reasons why Gibraltar has, for 20 years, taken a particularly cautious and conservative approach to who it allows to operate under our licensing regime, and why we set down such strict criteria as to how they establish and conduct those operations.
“In simple terms, no one has ever been able to get a licence in Gibraltar unless their reputation is worth as much to them as ours does to us.”
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
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