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Sportech To Appeal Vat Return
Tuesday October 14,2014 : SPORTECH TO APPEAL HMRC VAT RETURN (Update)
Ping Pong court action continues
Football pools operator Sportech PLC (Sportech) has lodged an application for permission from the Upper Tribunal (Tax and Chancery Chamber) to appeal to the Court of Appeal in relation to a VAT repayment claim on its “Spot the Ball” game.
The dispute, which has been running since 2009, refers to a VAT claim of GBP 93 million (GBP 40 million at the time of filing) where Sportech claimed its “Spot the Ball” game should have been exempt from tax
Earlier this year, a UK court ordered Her Majesty’s Revenue & Customs (HMRC) to repay the VAT amount to Sportech but the HMRC won a further case on appeal which required Sportech to return the VAT repayment.
The latest court filing will seek to overturn this ruling.
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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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