The UK Government will move forward with its plan to tax remote gambling companies who cater to British players.

The court has given the British Government the green light to implement its new gambling laws. The decision comes after the Gibraltar Betting and Gaming Association challenged the government’s new licensing and taxation policies in court, hoping to receive approval to continue catering to British players remotely, without actually paying taxes in the UK.

For several years now, top gambling operators – including big names like William Hill, Ladbrokes or bet365 – have been running their online casinos and betting services from places like Gibraltar, Malta or Isle of Man. These offshore jurisdictions have much lower taxes than the UK, allowing gambling companies to pocket millions of pounds that would normally go to the British government.

The industry has been preparing for the big tax change, which is expected to cost it around GBP300 million a year, but the move has also caused share prices to drop. British bookmaker William Hill saw its shares fall 3.3%, while Ladbrokes shares dropped more than 4% following the court’s decision.

Reuters: RPT- Court clears Britain to take tighter control of online gambling

In order to tighten controls on the online betting industry, the British Government will require all internet gambling companies to obtain a license from the UK Gambling Commission before providing their services on the local market.

With the new license comes an additional 15% tax on online profits made from bets placed by UK-based customers, which is scheduled to come into force on December 1. As of March 2015, bookmakers will also pay 20 to 25% more on lucrative high stakes gambling machines. It is estimated that this tax increase will cost betting companies around GBP75 million a year.

As for the new gambling act, officials had initially set the deadline for October 1, but were forced to postpone the measures until November 1 after the Gibraltar Betting and Gaming Association (GBGA) challenged them in court, claiming they contravened European laws guaranteeing free movement of services.

Judge Nicholas Green dismissed the appeal on Friday, saying: “Parliament was clearly within its rights to act as it did.”

“We remain concerned the UK regulator will find it difficult to hold companies to account in jurisdictions outside of the EU where it has no legal powers and common legal framework or culture,” the GBGA wrote in a statement.

Critics argue that the new regulations will result in unlicensed operators offering better odds on sports scores, thus encouraging gamblers to turn to illegal websites, which offer no consumer protection.

GBGA: “Unlawful’” Gambling Law Poses “New Danger” for Consumers

Earlier in June, the Gibraltar Betting and Gaming Association (GBGA) raised a few issues regarding the Gambling (Licensing and Advertising) Act 2014, labeling it as “unlawful”, and claiming that it “threatens the safety of consumers online.”

The new regime will require the UK Gambling Commission to police the online industry worldwide, which will be very difficult. GBGA chief Peter Howitt believes that the new law, combined with planned tax changes, will cause local players to migrate to the unregulated market.

“This is bad for UK consumers, bad for the regulated industry, bad for Gibraltar and is in breach of European law, but fantastic news for operators who choose to avoid proper regulation,” he said in a statement.

“We know of no precedent where any regulator in any industry will be granted the role of licensing and regulating operators all over the world in this way, threatening to criminalize companies and people who fail to submit to its regime. This is plainly unworkable.”

In addition to being “unlawful” and “unworkable”, the new law is also “unnecessary”, the association said. Gibraltar has one of the world’s most effective regulatory regimes and would continue to be responsible for its gambling industry, but it would also have to share information with the UK regulator on a formal basis.

In a statement released by the GBGA, the association’s lawyers added: “All this Act achieves is a wholly unjustified, disproportionate and discriminatory interference with the right to free movement of services, a right enshrined in European Law.”

Gaming Intelligence: Pinnacle Sports to shut down UK operations

Curaçao-licensed betting operator Pinnacle Sports announced that it will withdraw from the UK market. The company decided to stop catering to British players after the Government announced it was introducing tighter regulations under the Gambling (Licensing and Advertising) Act 2014.

At the beginning of September, the company sent a notification to all its customers, announcing it will shut down its UK operations from September 30th. Apart from withdrawals, all account functions have been disabled starting September 30. The restriction applies to subscribers who have listed UK as their place of residence, in their account details.

“Amendments to the Gambling (Licensing and Advertising) Act come into force on October 1st, 2014 requiring all companies that advertise or provide gambling services to British residents to obtain a license from the British Gambling Commission,” the betting operator explained in a statement.

Pinnacle is just one of the many online gambling operators who chose to withdraw from the British market due to the 15% point of consumption tax. The list also includes SBOBet and 12BET, both licensed in Isle of Man, and Gibraltar-based Mansion casino.

The UK Government will move forward with its plan to tax remote gambling companies who cater to British players.

The court has given the British Government the green light to implement its new gambling laws. The decision comes after the Gibraltar Betting and Gaming Association challenged the government’s new licensing and taxation policies in court, hoping to receive approval to continue catering to British players remotely, without actually paying taxes in the UK.

For several years now, top gambling operators – including big names like William Hill, Ladbrokes or bet365 – have been running their online casinos and betting services from places like Gibraltar, Malta or Isle of Man. These offshore jurisdictions have much lower taxes than the UK, allowing gambling companies to pocket millions of pounds that would normally go to the British government.

The industry has been preparing for the big tax change, which is expected to cost it around GBP300 million a year, but the move has also caused share prices to drop. British bookmaker William Hill saw its shares fall 3.3%, while Ladbrokes shares dropped more than 4% following the court’s decision.

Reuters: RPT- Court clears Britain to take tighter control of online gambling

In order to tighten controls on the online betting industry, the British Government will require all internet gambling companies to obtain a license from the UK Gambling Commission before providing their services on the local market.

With the new license comes an additional 15% tax on online profits made from bets placed by UK-based customers, which is scheduled to come into force on December 1. As of March 2015, bookmakers will also pay 20 to 25% more on lucrative high stakes gambling machines. It is estimated that this tax increase will cost betting companies around GBP75 million a year.

As for the new gambling act, officials had initially set the deadline for October 1, but were forced to postpone the measures until November 1 after the Gibraltar Betting and Gaming Association (GBGA) challenged them in court, claiming they contravened European laws guaranteeing free movement of services.

Judge Nicholas Green dismissed the appeal on Friday, saying: “Parliament was clearly within its rights to act as it did.”

“We remain concerned the UK regulator will find it difficult to hold companies to account in jurisdictions outside of the EU where it has no legal powers and common legal framework or culture,” the GBGA wrote in a statement.

Critics argue that the new regulations will result in unlicensed operators offering better odds on sports scores, thus encouraging gamblers to turn to illegal websites, which offer no consumer protection.

GBGA: “Unlawful’” Gambling Law Poses “New Danger” for Consumers

Earlier in June, the Gibraltar Betting and Gaming Association (GBGA) raised a few issues regarding the Gambling (Licensing and Advertising) Act 2014, labeling it as “unlawful”, and claiming that it “threatens the safety of consumers online.”

The new regime will require the UK Gambling Commission to police the online industry worldwide, which will be very difficult. GBGA chief Peter Howitt believes that the new law, combined with planned tax changes, will cause local players to migrate to the unregulated market.

“This is bad for UK consumers, bad for the regulated industry, bad for Gibraltar and is in breach of European law, but fantastic news for operators who choose to avoid proper regulation,” he said in a statement.

“We know of no precedent where any regulator in any industry will be granted the role of licensing and regulating operators all over the world in this way, threatening to criminalize companies and people who fail to submit to its regime. This is plainly unworkable.”

In addition to being “unlawful” and “unworkable”, the new law is also “unnecessary”, the association said. Gibraltar has one of the world’s most effective regulatory regimes and would continue to be responsible for its gambling industry, but it would also have to share information with the UK regulator on a formal basis.

In a statement released by the GBGA, the association’s lawyers added: “All this Act achieves is a wholly unjustified, disproportionate and discriminatory interference with the right to free movement of services, a right enshrined in European Law.”

Gaming Intelligence: Pinnacle Sports to shut down UK operations

Curaçao-licensed betting operator Pinnacle Sports announced that it will withdraw from the UK market. The company decided to stop catering to British players after the Government announced it was introducing tighter regulations under the Gambling (Licensing and Advertising) Act 2014.

At the beginning of September, the company sent a notification to all its customers, announcing it will shut down its UK operations from September 30th. Apart from withdrawals, all account functions have been disabled starting September 30. The restriction applies to subscribers who have listed UK as their place of residence, in their account details.

“Amendments to the Gambling (Licensing and Advertising) Act come into force on October 1st, 2014 requiring all companies that advertise or provide gambling services to British residents to obtain a license from the British Gambling Commission,” the betting operator explained in a statement.

Pinnacle is just one of the many online gambling operators who chose to withdraw from the British market due to the 15% point of consumption tax. The list also includes SBOBet and 12BET, both licensed in Isle of Man, and Gibraltar-based Mansion casino.

Some people have all the luck!

A young woman, decided for the first time to join an online casino and try her luck at slots.

Nicola C. just returned from a weeklong cruise she took with her girlfriends, where she discovered the fun and excitement of playing video slots for the first time in her life.

Upon her return to the U.K., and feeling melancholy as one always does after the fun ends, she decided to sign up with a reputable online casino and relive the fun of video slots from the comfort of her home.

Nicola C. signed up with Bet365 Casino, received her 100% deposit bonus, and began to explore the online casino. She passed the table games that weren’t her ‘cup of tea.’ Instead, she went straight to the slots section and quickly found a cute game she wanted to try out.

She chose to play ‘Forest of Wonders’ video slot, with the Alice in Wonderland theme, her favorite book as a child. On the third spin of the reels, five Mad Hatter symbols popped up triggering a tea party where she was served sugar along with a £236,532.43 ($360,000US) progressive jackpot prize.

Nicole C. is still in shock. “It hasn’t really sunk in yet,” she nervously said, “but the champagne’s out!” Now that’s a dream come true!

With a huge selection of slots, casino table games, and even live blackjack, bet365 online casino is the 2010 Jackpot Finder Awards Winner for ‘Best Gambling Site’.

Some people have all the luck!

A young woman, decided for the first time to join an online casino and try her luck at slots.

Nicola C. just returned from a weeklong cruise she took with her girlfriends, where she discovered the fun and excitement of playing video slots for the first time in her life.

Upon her return to the U.K., and feeling melancholy as one always does after the fun ends, she decided to sign up with a reputable online casino and relive the fun of video slots from the comfort of her home.

Nicola C. signed up with Bet365 Casino, received her 100% deposit bonus, and began to explore the online casino. She passed the table games that weren’t her ‘cup of tea.’ Instead, she went straight to the slots section and quickly found a cute game she wanted to try out.

She chose to play ‘Forest of Wonders’ video slot, with the Alice in Wonderland theme, her favorite book as a child. On the third spin of the reels, five Mad Hatter symbols popped up triggering a tea party where she was served sugar along with a £236,532.43 ($360,000US) progressive jackpot prize.

Nicole C. is still in shock. “It hasn’t really sunk in yet,” she nervously said, “but the champagne’s out!” Now that’s a dream come true!

With a huge selection of slots, casino table games, and even live blackjack, bet365 online casino is the 2010 Jackpot Finder Awards Winner for ‘Best Gambling Site’.

The 2010 FIFA world cup is on this month with several games taking place every day. For those of you who couldn’t make it all the way down to South Africa we recommend to enjoy the games via world cup live streaming sites such as http://allsport-live.ru/ and http://livefooty.doctor-serv.com/If you are looking to place a bet on one of the games you can find several online sites that provide sportsbetting online like Brobury, Bet365, Bodog and InterTops

For full reviews and detailed information visit our 2010 FIFA world cup betting odds section

The 2010 FIFA world cup is on this month with several games taking place every day. For those of you who couldn’t make it all the way down to South Africa we recommend to enjoy the games via world cup live streaming sites such as http://allsport-live.ru/ and http://livefooty.doctor-serv.com/If you are looking to place a bet on one of the games you can find several online sites that provide sportsbetting online like Brobury, Bet365, Bodog and InterTops

For full reviews and detailed information visit our 2010 FIFA world cup betting odds section

1. Manny “Pacman” Pacquiao

This Philippines pride is the best fighter alive today, compared to the likes of Muhammed Ali, Sugar Ray Leonard, and Marvin Hagler. Amazingly, Manny has won seven titles in seven different divisions.

2. Floyd Mayweather Jr.

Also known as the “king”, Mayweather has a stunning 40 wins by knock out and absolutely no losses. A fight between Pacman and the King would certainly be entertaining (see below).

3. “Sugar” Shane Mosley

Originally from sunny Pomona, California, Mosley has won titles in three weight divisions. He is also former WBA Welterweight Super Champion.

4. Paul Williams

At 6 feet 2 inches tall, Paul is a giant for his junior middleweight, middleweight and welterweight divisions that he is a part of. For his quick, deadly punch Williams is dubbed as the most “avoided fighter in the world”.

5. Juan Manuel Marquez

This Mexican professional boxer is the current Lightweight World Champion. Pound-for-pound, Juan can take on anyone.

For betting on boxing matches check out these top sportsbook reviews

1. Manny “Pacman” Pacquiao

This Philippines pride is the best fighter alive today, compared to the likes of Muhammed Ali, Sugar Ray Leonard, and Marvin Hagler. Amazingly, Manny has won seven titles in seven different divisions.

2. Floyd Mayweather Jr.

Also known as the “king”, Mayweather has a stunning 40 wins by knock out and absolutely no losses. A fight between Pacman and the King would certainly be entertaining (see below).

3. “Sugar” Shane Mosley

Originally from sunny Pomona, California, Mosley has won titles in three weight divisions. He is also former WBA Welterweight Super Champion.

4. Paul Williams

At 6 feet 2 inches tall, Paul is a giant for his junior middleweight, middleweight and welterweight divisions that he is a part of. For his quick, deadly punch Williams is dubbed as the most “avoided fighter in the world”.

5. Juan Manuel Marquez

This Mexican professional boxer is the current Lightweight World Champion. Pound-for-pound, Juan can take on anyone.

For betting on boxing matches check out these top sportsbook reviews

Spanish tennis superstar Rafael Nadal, nicknamed “Rafa”, will step out onto the clay today at the 2010 Monte-Carlo Masters, making his debut in the 103rd iteration of this annual event. For the past five years, Nadal has played in this ATP Masters Series tournament, and each of those years, he won first place in the single title. Now he’s at it again, battling against last year’s finalist Novak Djokovic and wild card entry Andy Murray, hoping to break a world tennis record by grabbing his sixth straight Masters title.

Nadal, 23, is entering this year’s Monte-Carlo Masters with a 29-1 career record, and is walking proud with 27 straight wins since he lost to Guillermo Coria in 2003. Today he will be playing his 201st ATP World Tour Masters 1000 match – an astonishing number for a player his age. Nadal stands tall at 6’1”, and is a very imposing figure on the court. His aggressive play style and massive forehand make him a formidable player.

He began playing tennis when he was three years old. Right away his uncle Toni, a former tennis pro, recognized the youngster’s talent for the game; Toni has been coaching him ever since. Nadal won his first championship when he was eight, which made him work even harder at training and practicing. Around this time, Toni began encouraging him to play left-handed (Nadal is naturally right-handed), a move which would give him an advantage on the court. He still uses this strategy today.

As a teen, Nadal was also an adept football player, and was heavily involved in both sports. His father, concerned about the boy’s academic future, forced him to choose just one. Obviously, Nadal chose tennis. The choice paid off, and by the age of 17, Nadal was already ranked among the 50 best tennis players in the world.

His entrance into the pro circuit was met with some criticism – not because of how Nadal played, but because of how he looked. His propensity to wear sleeveless shirts, below-the-knee trousers and a bandana drew endless mocking from the press. One television commenter even joked that he showed up to a game wearing his sister’s clothes. Nadal shrugged the jokes off, and went on to play like a champ.

Nadal’s career exploded in 2005 when he dominated the spring clay court season, winning 25 consecutive matches and establishing himself as a force to be reckoned with. This year earned him the ATP Most Improved Player of the Year award. By now Nadal was ranked number 5 in the world, making him the youngest player to make it into the Top 10 since Andrei Medvedev in 1993.

The years since have been a battle against injuries forcing off-court time here and there, but overall his path of progress has been a steep climb towards the top. Now, Nadal is confident that he will claim his 6th straight Monte-Carlo Masters title this year. His primary adversary Roger Federer is not playing this year, giving Nadal a good chance of fulfilling his goal. “I’ve always been a winner”, Nadal says in an official press release. “And will soon be one again!”

Whether players favor Nadal or his competition for this year’s title, now is the time to put money down. Bettors in France across Europe are advised to use Bet365 Sports, while those in the US should check out Bodog, Brobury Sports or BetUS Sportsbook. Each of these trusted online sportsbooks offers their own odds and lines, players may want to shop around to find a system that most benefits them.

Spanish tennis superstar Rafael Nadal, nicknamed “Rafa”, will step out onto the clay today at the 2010 Monte-Carlo Masters, making his debut in the 103rd iteration of this annual event. For the past five years, Nadal has played in this ATP Masters Series tournament, and each of those years, he won first place in the single title. Now he’s at it again, battling against last year’s finalist Novak Djokovic and wild card entry Andy Murray, hoping to break a world tennis record by grabbing his sixth straight Masters title.

Nadal, 23, is entering this year’s Monte-Carlo Masters with a 29-1 career record, and is walking proud with 27 straight wins since he lost to Guillermo Coria in 2003. Today he will be playing his 201st ATP World Tour Masters 1000 match – an astonishing number for a player his age. Nadal stands tall at 6’1”, and is a very imposing figure on the court. His aggressive play style and massive forehand make him a formidable player.

He began playing tennis when he was three years old. Right away his uncle Toni, a former tennis pro, recognized the youngster’s talent for the game; Toni has been coaching him ever since. Nadal won his first championship when he was eight, which made him work even harder at training and practicing. Around this time, Toni began encouraging him to play left-handed (Nadal is naturally right-handed), a move which would give him an advantage on the court. He still uses this strategy today.

As a teen, Nadal was also an adept football player, and was heavily involved in both sports. His father, concerned about the boy’s academic future, forced him to choose just one. Obviously, Nadal chose tennis. The choice paid off, and by the age of 17, Nadal was already ranked among the 50 best tennis players in the world.

His entrance into the pro circuit was met with some criticism – not because of how Nadal played, but because of how he looked. His propensity to wear sleeveless shirts, below-the-knee trousers and a bandana drew endless mocking from the press. One television commenter even joked that he showed up to a game wearing his sister’s clothes. Nadal shrugged the jokes off, and went on to play like a champ.

Nadal’s career exploded in 2005 when he dominated the spring clay court season, winning 25 consecutive matches and establishing himself as a force to be reckoned with. This year earned him the ATP Most Improved Player of the Year award. By now Nadal was ranked number 5 in the world, making him the youngest player to make it into the Top 10 since Andrei Medvedev in 1993.

The years since have been a battle against injuries forcing off-court time here and there, but overall his path of progress has been a steep climb towards the top. Now, Nadal is confident that he will claim his 6th straight Monte-Carlo Masters title this year. His primary adversary Roger Federer is not playing this year, giving Nadal a good chance of fulfilling his goal. “I’ve always been a winner”, Nadal says in an official press release. “And will soon be one again!”

Whether players favor Nadal or his competition for this year’s title, now is the time to put money down. Bettors in France across Europe are advised to use Bet365 Sports, while those in the US should check out Bodog, Brobury Sports or BetUS Sportsbook. Each of these trusted online sportsbooks offers their own odds and lines, players may want to shop around to find a system that most benefits them.