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Britan Poker Tax Status Changing
12/31/09 - The respected Guardian newspaper in Britain this week considered the adverse impact of new UK tax provisions on poker operators that could be so severe as to effectively kill interest in providing the game.
Writer Victoria Coren, herself a skilled and experienced poker player as well as a senior journalist, looked ahead to 2010 in an article that postulated a serious risk that regular games will die before the end of the new year.
Coren examined the case of the card room at the Victoria Casino in London, which she described as the headquarters of British poker.
"Local rivals come and go, but can never truly compete – or couldn't, until the government interfered," writes Coren.
"The 2009 spring budget introduced a stupid, greedy, ill-thought-out change to the tax rules. Casinos always paid full tax on their table games, but Valued Added Tax only on poker. That's because poker was a "service" rather than a "business" – at the Vic (or similar outfits) customers play against each other, not the house, paying only a small hourly fee for table hire.
"The budget ignored this, slapping a full tax rate on poker as well. The money raised will be too small to affect the nation's finances: it's just big enough to cripple the Vic. It has cost them an extra million (GBP) so far this year. If poker is as expensive for them as roulette, while being so much less lucrative, why should they bother to keep having it?"
Coren goes on to urge the poker playing public to write their political representatives and the Chancellor of the Exchequer [finance minister] demanding that the punitive tax be removed to preserve the game and the companies that offer it.
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Amaya FY2016 Trading Update -
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LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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