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Uk government on Offshore gambling Firms
3/24/10 - The UK position of offshore online gambling operators wishing to advertise and promote their products to British players moved into the spotlight this week with the news that the Department for Culture, Media and Sport has launched a consultation on the introduction of new licence requirements for overseas online gambling firms.
The moves follows protests from UK betting and racing companies and authorities that offshore companies accessing the UK market do so at the competitive disadvantage of locally licensed companies due to their low tax position in jurisdictions like Gibraltar, Malta and the Isle of Man.
The appeal of low tax and better competitiveness has seen William Hill and Ladbrokes recently join other major UK betting firms in moving their online gambling divisions offshore.
The consultation relates to an announcement made by Sports Minister Gerry Sutcliffe in January 2010 (see previous InfoPowa reports) which noted the situation and advised that a process would be launched to look at secondary licensing possibilities for those companies wishing to continue doing business with UK punters..
The plans, which are subject to a 12 week consultation period, would mean that online operators currently licensed outside Britain will have to apply for a licence from the Gambling Commission if they want to advertise or provide their gambling services to British consumers.
Closing date for responses to the consultation is Friday 18 June 2010
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.
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