Moves by UK Government on offshore internet gambling firms


Consultation launched on new licence requirements

The UK position of offshore online gambling operators wishing to advertise and promote their products to British players moved into the spotlight this week with the news that the Department for Culture, Media and Sport has launched a consultation on the introduction of new licence requirements for overseas online gambling firms.

The moves follows protests from UK betting and racing companies and authorities that offshore companies accessing the UK market do so at the competitive disadvantage of locally licensed companies due to their low tax position in jurisdictions like Gibraltar, Malta and the Isle of Man.

The appeal of low tax and better competitiveness has seen William Hill and Ladbrokes recently join other major UK betting firms in moving their online gambling divisions offshore.

The consultation relates to an announcement made by Sports Minister Gerry Sutcliffe in January 2010 which noted the situation and advised that a process would be launched to look at secondary licensing possibilities for those companies wishing to continue doing business with UK punters..

The plans, which are subject to a 12 week consultation period, would mean that online operators currently licensed outside Britain will have to apply for a licence from the Gambling Commission if they want to advertise or provide their gambling services to British consumers.

Closing date for responses to the consultation is Friday 18 June 2010

Further details including the consultation papers can be viewed at: http://www.culture.gov.uk/referenc...ns/6743.aspx

General Gambling News

Login to post a comment:


 
 

Click Here to register a new account

What's going on right now!

3mins ago someone from Ukraine read ComeOn Casino review

Casino Of The Month

Casino of the Month

Casino Community

Share this page on:
Follow LCB on:
Follow LCB

In the last 24h

Totals

  • New Members
    27
  • Members Online
    401
  • Guests
    1,689
Highest Community Rated Online Casinos
Guts Casino
  (274 Ratings)
32 Red Casino
  (515 Ratings)
Club USA Casino
  (384 Ratings)
Mr Green Casino
  (377 Ratings)
Buzzluck Casino
  (249 Ratings)
Lucky Red Casino
  (297 Ratings)
Videoslots.com
  (245 Ratings)
Bet365 Games
  (242 Ratings)
CasinoRoom
  (244 Ratings)
Unibet Casino
  (223 Ratings)
Raging Bull
  (175 Ratings)
NextCasino
  (245 Ratings)
CasinoLuck
  (318 Ratings)
SlotsMillion
  (157 Ratings)
Betsson Casino
  (313 Ratings)
TradaCasino
  (99 Ratings)
Redbet Casino
  (228 Ratings)
Betsafe Casino
  (292 Ratings)
Betspin
  (26 Ratings)
Vera John Casino
  (247 Ratings)
Casino Extreme
  (266 Ratings)
ComeOn Casino
  (349 Ratings)
Thrills Casino
  (237 Ratings)
Ladbrokes Casino
  (200 Ratings)
InterCasino
  (197 Ratings)
Bet365 Casino
  (489 Ratings)
Intertops Red Casino
  (173 Ratings)
Omni Slots
  (57 Ratings)
Slotland
  (423 Ratings)
BETAT Casino
  (287 Ratings)


Follow LCB on Facebook Follow LCB on Twitter Follow LCB on Pinterest Follow LCB on Google plus