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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.”
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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