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Secondary licensing for offshore online gambling companies

Wednesday, November 23, 2011 : UK SECONDARY LICENSING FOR ONLINE GAMBLING LATEST
 
Here's a thought - let's change the definition of where internet gambling takes place....
 
The discussions on secondary licensing for offshore online gambling companies wishing to access the British market continued this week with 20 MPs participating in an adjournment debate arranged by member of parliament Matthew Hancock in Westminster Hall.
 
During the debate an interesting new proposal emerged to bring about more tax revenues for the UK government and levies for the horseracing industry - change the definition of where online gambling takes place from the operator's server to the point of "consumption" ie the player's hardware.
 
Recent precedents for this were reported earlier this year from the North Gauteng High Court in South Africa, which ruled that gambling takes place at the player's end and not the operator's servers, defeating a case by Swaziland operator Casino Enterprises.
 
Hancock, the MP for Newmarket, wants the government to close the tax loopholes enjoyed by offshore bookmakers, reports the Telegraph newspaper.
 
Under current legislation, bookmakers operating offshore – only Coral and Bet365 of the top 20 bookmakers remain onshore – avoid paying both tax and the horseracing Levy on bets taken by phone or over the internet.
 
The idea of closing the loopholes has been on the cards for the past two years but the political process now appears to be accelerating with the involvement of HM Treasury and the Department of Culture, Media and Sport.
 
Hancock wants to include the definition of where online gambling takes place in an annual Finance Bill, although there is a problem with having a regulatory provision like this in such a bill.
 
“There was a strong consensus for bringing gambling back onshore,” Hancock told the newspaper. “We didn’t get a specific commitment from the minister [John Penrose] in terms of timing, but I wasn’t expecting any.
 
“It keeps up the pressure and we got across the cross-party agreement on this so the minister can now argue that any legislation won’t be opposed.
 
“I am confident that it will be done, it’s just a question of when.”
 
Will Lambe, the British Horseracing Authority’s head of external affairs who attended the debate, told the Telegraph: “There is cross-party consensus in Parliament that racing’s funding needs to be put on a fair, enforceable and sustainable footing. We seek a commercial relationship with the betting industry and MPs from all corners of the country, again led by Matt Hancock, were clear about the wider importance of our sport and that this is an issue which needs sorting once and for all.”



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Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

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3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

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