5th of November 2009 Author: Ava Jackuard
UK tax levels too high to enable online operations to compete
Word on the street is that the transfer of Ladbrokes online gambling operations to Gibraltar has progressed apace, enabling the actual move to take place several weeks ahead of original planning.
The transfer is expected to be effected this week, a remarkable achievement bearing in mind that the decision to leave the UK was only made in August .
At that time Ladbrokes, along with William Hill, noted that the online gambling sector was intensely competitive, and that British taxes and levies made it impossible for the online gambling divisions to compete effectively against other online companies domiciled in respected jurisdictions with more benevolent tax regimes.
Ladbrokes will soon release a revamped and technologically upgraded sportsbetting website, the company has revealed.
William Hill has already transferred its online operating activities to Gibraltar.
General Gambling News
3rd of August 2009
1st of October 2009
18th of April 2015
17th of April 2015
2nd of April 2015
26th of February 2015
27th of February 2015
18th of February 2015
21st of February 2015
Disclaimer Contact Us Privacy Gambling Help About Us Site Map
LatestCasinoBonuses.com © 2006-2015
Join now for full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
PLUS join now and get...
100% up to $1000 PLUS 25 free spins! Sponsored by ClubUSA Casino, US OK.
View more information here