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Rank plc has launched an initiative
Wednesday April 17, 2013 : RANK PLC ENGAGES WITH UK PARLIAMENTARIANS
16-page Rank Gameplan makes a few suggestions for UK regulatory improvements
The online and land gambling group Rank plc has launched an initiative designed to engage with UK lawmakers in improving the regulatory and tax regime in Britain.
Titled Gameplan, the initiative is spearheaded by a 16 page document putting forward the company's views on the subject, among which are:
* Stop using pejorative terms associated with gaming ie "casino banking". These create inaccurate perceptions of gambling and make it difficult to move forward on reform and improvement initiatives.
* The scope for economic growth in online gambling should share priority with the apparent preoccupation with harm minimisation in the consideration of gambling issues.
* Simplify complex regulations and reduce bingo tax rates from 20 percent to 15 percent.
* Empower local authorities to deal with and issue gambling licenses.
* Ease geographical restrictions on gambling venue locations, and allow operators to meet consumer demand, and to transfer licenses between locations to encourage expansion, investment and the creation of jobs. From a Rank perspective alone that could generate an additional GBP 87 million a year in taxes.
* On the controversial issue of gaming machines in betting shops, Rank suggests matching machines to consumer demand by increasing the limits currently restricting this aspect. Again in Rank plc terms, this has the potential to generate an additional GBP 4.4 million a year for the taxman, the document suggests.
The tax issue in particular needs attention, the document suggests, citing a Bingo Association study carried out by Ernst & Young, which predicts that a reduction in Bingo Duty to 15 percent, could result in a tax revenue boost for the government of GBP 35 million over the initial four years.
However, Rank is aware that a conflicting study has also been doing the rounds, and the group consequently suggests that the differences in these predictions should be studied with a view to arriving at an accurate assessment with which everyone can be comfortable.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
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