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PROPOSED U.K. GAMBLING CHANGES ARE A POTENTIAL MINEFIELD

Thursday August 11, 2011 :  Gambling group chief warns that Brit government is "stepping into a minefield" with online gambling proposals
 
Ralph Topping, the outspoken chief executive of the giant online and land gambling group William Hill plc, has warned the British government that it is in danger of "stepping on a minefield" with its recent proposed changes to the licensing and taxation of internet gambling operators, reports The Chronicle newspaper in Gibraltar.
 
Topping was reacting to proposals recently announced that offshore internet gambling operators wishing to access the UK market would have to accept a secondary licensing and taxation regime, which Topping described as unfair and an example of “different departments doing their own things”.
 
William Hill moved its online operations to Gibraltar two years ago to avoid punitive UK taxes and better compete in a tough market. But despite the prospect of the bookmaker losing the tax benefits from its relocation, Topping said there was not “a chance in hell of us coming back from Gibraltar” this week.
 
Last month the UK government's Department for Culture, Media and Sport announced the new measure, and a few days later that was followed by a UK Treasury confirmation that there would be tax implications for Brit operators that have moved offshore who wish to take internet action from UK punters.
 
Topping told The Times newspaper: “If [politicians] act holistically, people might think that was a reasonable approach, but if they salami slice things, they’re in danger of making huge mistakes and getting into legal territory they wouldn’t enjoy.”
 
He added that Gibraltar had become “the hub for online gambling activity in Europe”, saying: “The [UK] government will have to get their thinking caps on if they are going to make the UK more attractive to these technology companies.”
 



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NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

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NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

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NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

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