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The United Kingdom, future Eldorado for online casino?

07/16/10

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While we are following up on new reviews dealing with the evolution of the French Internet gambling market (A focus on the new panorama of French online gaming, 6 new French licenses…. what about online casinos then Playtech leaves France), I had almost forgotten that there are other countries whose industry is marked by news that deserves more attention.
This is particularly the case in the United Kingdom which wishes to amend its regulations to implement a tax equal to the virtual casinos, whether offshore or they operate from Great Britain.
In fact, because of very high taxes, several sites including William Hill and Victor Chandler Casino left the country for Gibraltar, Costa Rica and Malta to find a more favourable taxation elsewhere.
To make its bill official, the British government will face the requirements of the European Union.
Indeed, the latter has established strict rules that impose high taxes on operators of online gambling.
Nevertheless, the United Kingdom appears determined to find a solution so that its tax rates are as close as possible to those in tax havens.
The country wants to become more attractive to encourage gambling companies on the Internet to establish themselves on its territory.
Currently, several proposals are under consideration.
I will certainly keep you informed when a solution will be made.
Despite significant rates of taxation, there are still a lot of online casinos operating from Great Britain.
Besides two sites really stand out: Win Palace and Belfair.
I warmly recommend them to you.

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Posted by : Casino lemonade
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