RecentPoker RecentPoker.com
Home Page RecentPoker.com Online Poker Rooms Casino Bonus Online Casinos Casino News Gaming News gaming News Gambling Articles World Series Of Poker No Deposit Bonus
Online Slots
        Gambling Affiliates     |     Gambling Guide     |    Slot Tournaments Finder     |     Poker Pros    |     Recentpoker Twitter
   
Online Casino
Biggest Casino Bonuses
SlotsLv
$22 No Deposit Bonus
SlotsLV no deposit
Betonline Casino
$900 Signup Bonus
Betonline Bonus Code
Bovada Casino (Bodog USA)
$3000 Signup Bonus
Bovada Bonus Code
SlotsPlus Casino
$7000 SignUp Bonus
SlotsPlus First deposit bonus
ManhattanSlots
$767 x2 Signup Bonus
ManhattanSlots
Biggest Poker Bonuses
Bovada Poker (Bodog USA)
$1000 Sign Up Bonus
bovada poker bonus code
888Poker
$88 No Deposit Bonus
888 Poker no deposit bonus
Party Poker
$500 Sign Up Bonus
PartyPoker no deposit bonus
BetOnline Poker
$900 Sign Up Bonus
Betonline Poker bonus code
USA No Deposit Bonus

No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review

Best USA Casino Bonus

Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.

 

Bovada Casino Bonus Code

 
No Deposit Bonus

NEW UK GAMBLING TAXES COULD SERIOUSLY IMPACT OFFSHORE OPERATORS

Posted 2/28/11 : he industry awaits the outcome of UK Minister's consultation
 
The UK government's decision last year to enquire into the situation where offshore gambling companies operated in the UK market without local taxation or licensing being necessary  is attracting growing interest.
 
The reason is the forthcoming publication of the reslts of the government's consultation process, which is believed to be only weeks away.
 
Examining the problem this week, the publication This is Money reported tthat offshore operators fear that their almost tax-free era could be drawing to a close.
 
Although major companies like Sportingbet, Party-Gaming, 888.com, William Hill and Ladbrokes invest millions in promoting their offerings to UK gamblers through sports sponsorships and advertising, those millions of pounds are available only because of the generous tax breaks enjoyed in offshore tax havens - from the Channel Islands to the Isle of Man and from Gibraltar to Malta, the newspaper explains.
 
"None of the companies pays more than one percent tax compared with the 15 percent they would face on the British mainland," This is Money notes, pointing out that because many of the offshore havens are "white-listed" by the UK government, they have full access to the UK media and advertising.
 
However, the publication opines, this happy situation could be about to come to an end following the government's enquiry and the publication - probably within the next few weeks -  of the Department for Culture, Media and Sport report and recommendations on the issue.
 
The report is expected to recommend that, in line with other European countries, every offshore gaming company will have to obtain a British-specific licence on top of that which it already holds from an acceptable offshore gambling jurisdiction.
 
That has serious implications for both operators and jurisdictions, because there will almost inevitably be tax implications as well as 'secondary' licensing costs.  Whilst most of the "white listed" jurisdictions have regulations that are broadly in line with UK Gambling Commission requirements, and the cost of a secondary licence is unlikely to scare away well established and successful companies, the prospect of additional taxes introduces real economic and competitiveness concerns.
 
"People are assuming that the licensing regulation will lead to changes in taxation,' one industry source told This Is Money.”It's the thin end of a taxation wedge. At the moment, offshore gambling operators pay next to nothing in tax, which is why they went offshore in the first place. But there is an expectation that the rate could be put up to match the 15 percent which UK-based operators currently pay. We'd be amazed if the Treasury wasn't already looking at this."
 
Ian Burke, chief executive of Rank Group agreed, telling the publication: "Many European markets are moving to regulating and taxing online gaming and it's inevitable that the UK government will look at changing the offshore tax regime."
 
The effect of paying 15 percent rather than one percent could be highly significant - companies could be hit with tax bills amounting to millions, depending on how big their offshore operations are.
 
Burke warned: "Weaker companies would disappear as their business model would no longer be sustainable."
 
This Is Money quotes the chief executive of trade group the Remote Gambling Association, Clive Hawkswood, who said any tax changes would "clearly hit companies hard".
 
"Some online casinos have a payout rate of about 97 percent so there is no room to withstand such a jump in tax.," said Hawkswood, opining that in order to survive companies may have to cut back dramatically on marketing, which has been lucrative for the UK media and sports industries.
 
The UK online gaming sector is worth some GBP1.5 billion a year, and with some companies spending around 30 percent of total revenues on advertising, there is a lot at stake, he pointed out.



Gambling News :

US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

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.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

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.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

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.

Dollars to Donuts Slot Launch - Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.

  Top 6 Poker Sites - Editor’s Pick
Poker Room
Info
Code
Bonus
Bovada Poker
1349384
$1000
BetOnLine Poker
None Needed
$900
ACR
None Needed
$1000
Fulltilt Poker Bonus Code Fulltilt Poker
None Needed
$10 ND
888 pacific poker 888Poker
None Needed
$400
PartyPoker PartyPoker
500free
$500
  Top 6 Casino Sites - Editor’s Pick
Casino
Info
Code
Bonus
SlotsPlus Casino
Claim20
$20 ND
Bovada Casino
1349384
$3000
MapleCasino Bonus Code MapleCasino
None Needed
Free Spins
SlotsLV
Slots22
$22 ND
Buzzluck Casino
Buzzluck
$868
SlotLand
FREE33RCNT
$33 Nd

Casino No Deposit Bonus Copyright © 2004-2016 | Recentpoker.com | All Rights Reserved. Copyscape Protected No Deposit Bonus Codes
Recentpoker.com

Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.

http://www.recentpoker.com