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British taxman Still in Sportech VAT Fight
BRITISH TAXMAN PERSISTS IN SPORTECH V.A.T. ISSUE (Update)
GBP 97 million at stake.
The British taxman is set to continue the long-running legal fight over VAT with gambling group Sportech, which reported in a statement Monday that Her Majestys Revenue & Customs is to take the issue to the Supreme Court after being unanimously refused the right to appeal by UK Court of Appeal.
HMRC will ask the Supreme Court to give it the right to appeal in the case, which involves GBP 97 million in VAT.
"Sportech will file its Notice of Objection to such application by next Monday, and has been advised that it should expect to hear by the Autumn whether HMRC has been granted the right to appeal to the Supreme Court," the gambling group said in its statement Monday.
The VAT claim, which was first submitted in 2009, was heard by the First-tier Tribunals Tax Chamber ("FTT") in October 2012. In March 2013, it was announced that the FTT had found in Sportechs favour.
Following the FTTs rejection of HMRCs subsequent application for leave to appeal to the Upper Tribunal (Tax and Chancery Chamber) ("UT"), HMRC then applied directly to the UT which granted such permission.
The claim was heard by the UT in April and May of 2014 and it was announced in September that the UT had ruled in HMRCs favour.
In January 2015, Sportech announced that it had been granted the right to appeal to the Court of Appeal. The hearing took place on 8 April 2016, following which on 4 May 2016 the Court of Appeal judges found unanimously in favour of Sportech.
On 13 May 2016, HMRC sought permission from the Court of Appeal to appeal to the Supreme Court, which was refused.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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