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
28th of June 2016
14th of May 2016
10th of May 2016
19th of May 2016
26th of May 2016
15th of May 2016
Disclaimer Contact Us Privacy Gambling Help About Us Site Map
LatestCasinoBonuses.com © 2006-2016
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