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LITTLE INFO IN UK GAMBLING REFORM ANNOUNCEMENT
Thursday July 14, 2011 : But future restrictions on advertising confirmed
As reported Wednesday, the British government's Department of Culture, Media and Sports announced today that sweeping changes affecting the online gambling industry will be implemented in the future.
However, the announcement contained little firm detail beyond confirming that the changes will involve secondary licensing for offshore operators wishing to offer their services to UK punters.
The demand that such operators will be required to take out British licensing with the UK Gambling Commission has long been expected following hints from government officials and politicians. There have been complaints that online gambling companies licensed in more tax-friendly offshore jurisdictions have an unfair competitive edge over British licensed companies, and that the playing field should be leveled.
Several major British gambling groups have moved their online gambling divisions offshore in recent years to better compete.
The new requirements, once implemented, will effectively remove the current 'white listing' system through which selected jurisdictions - principally those in the European Economic Area - are allowed to access the UK market.
Popular jurisdictions such as the Isle of Man and Alderney have asserted that their regulations will present no problems for operators going after UK licensing, and the DCMS has already indicated that it will 'apply a lighter touch' in the case of formerly white listed jurisdictions.
The UK minister responsible for gambling, John Penrose, said Thursday: “All overseas operators will be subject to the same standards and requirements as those based in Britain, as well as being required to inform the Gambling Commission about suspicious betting patterns to help fight illegal activity and corruption in betting.”
However, the announcement was lacking in any information on proposed licensing fees or tax implications, or on timelines for the development and implementation of the system, which could take some time.
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.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
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