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BRIT MPs TO HEAR VIEWS ON NEW GAMBLING LAWS
Sunday January 27,2013 : BRIT MPs TO HEAR VIEWS ON NEW GAMBLING LAWS NEXT WEEK
Remote Gaming Association intends to give evidence
The British government's implementation plan for the introduction of secondary licensing and taxation on offshore internet gambling operators takes another step forward on Tuesday next week when the Department of Media, Culture and Sports Select Committee meets to consider and discuss the latest draft of the point-of-consumption based amendments to gambling laws.
One of the witnesses that the Committee will hear is the Remote Gaming Association, a trade body that counts as its members most of the major online gambling companies in the British market.
Another will be the Sports Betting Group, an organisation interested in maintaining the integrity of sports associations, and illustrating still further the diversity of opinions, the CARE charity.
The hearing is important because it can influence the final form of the laws that will in future govern the activities of online operators wishing to access the UK market.
The committee is comprised of both Lords and Commons members, and has a mandate to make recommendations and suggestions for changes to the draft, although these are not necessarily binding on the government.
Government plans at present are to implement the finally approved law around December 2014 There's much to do before then, with the levels of taxation still under consideration by Treasury and passage through parliament still to be achieved.
Taxation will be of critical importance, as high tax levels in a competitive environment have in the past pushed major UK gambling companies to relocate their online operations offshore in more tax-friendly jurisdictions, a strategy that will certainly be impacted by the point-of-consumption definition in the new law.
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Kentucky Derby Odds: Justify still Favorite -
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MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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