UK Gambling Act Delayed by Gibraltar Legal Challenge

UK Gambling Act Delayed by Gibraltar Legal Challenge

London’s Royal Courts of Justice, whose High Court ruled that great britain Gambling Act should be postponed for the month.

The UK Gambling Act was delayed by 30 days, as the Department of Culture, Media and Sport considers the challenge that is legal of Gibraltar Betting and Gaming Association (GBGA). The new act was scheduled in the future into influence on October 1, but will now be pushed back again to November 1.

The GBGA issued the task in the High Courts in an effort to derail what it has called a misguided piece of legislation and a ‘wholly unjustified, disproportionate and discriminatory interference with the right to free movement of solutions.’

The act requires all online gambling operators to hold a UK license and spend a 15 percent tax on gross video gaming income if they wish to engage using the UK market. Previously operators that are such be licensed in a quantity of jurisdictions around the world, certainly one of which was Gibraltar. These jurisdictions had been approved, or ‘white-listed’, by the government in Westminster beneath the 2005 Gambling Act.

Legislation Unwanted?

The GBGA’s objections are twofold. Firstly, it believes that the 15 percent ‘point of consumption tax’ will force operators to cut their bonuses and VIP programs, which will drive British gamblers towards the unlicensed black market, as the UK regulated sites will not be able to compete, thus failing in its stated aim of ‘contr 阅读更多