On 25th January 2013 a second reading of the UK Offshore Gambling Bill is scheduled to take place. The bill, introduced by Conservative MP Matthew Hancock, attempts to bring offshore gambling operators under the UK fiscal and regulatory regime. Currently offshore operators are not governed by the same taxation laws as companies in the UK and this Private Member’s Bill looks to address this in an effort to regulate remote gambling at the point of consumption.
In March 2012 the Offshore Gambling Bill was published and aims to bring a new “point of consumption” approach to gambling licensing. A large number of the major bookmakers currently operate offshore thus avoiding figures reported to be about £300 million in tax per year.
The bill requires that anyone who markets their product to players in the UK will have to hold a Gambling Commission license irrespective of where their operations are based.
When the Offshore Gambling Bill was published Mr Hancock said:
“The largest bookmakers have been able to benefit from the offshore tax loophole for too long at the expense of a level playing field in the UK. This has caused immense damage to the public purse, independent bookmakers and the racing industry especially. The changes the Bill will being will ensure that this is no longer the case.”
Should the Bill be passed then we could see a more comparable rate of tax but issues concerning competition under European Law.
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LOTTERY EXPO 2013
Co-Hosted by PGRI and the
Florida Lottery
November 4 to 7, Miami, Florida,
Trump Miami Beach Hotel
18001 Collins Ave., Sunny Isles Beach, Florida
Phone: Domestic: 855.244.2964 International: 786.522.3523
**Use Group Code 10W820 to get our
special rate
Monday, November 4: 5:00: Opening Night Reception
Tuesday, Nov. 5: U.S. focused conference sessions; Reception 5:00 to 6:30 pm.
Wednesday,Nov. 6: Joint U.S. and Latin America Sessions; Reception 5:00 to 6:30 pm.
Thursday, Nov. 7: Focus on Latin America
Three Receptions and luncheons provide lots of time to visit with colleagues For complete Lottery Expo info, including registration materials and conference updates: PublicGaming.org Conference Venue: Trump Miami Hotel - Limited special rate of $175 Reserve your room click here online booking
call us at 425-449-3000 if you get a "sold out" or encounter any difficulties at all
===================================================
SMART-TECH 2013
PLATINUM SPONSORS
SILVER SPONSORS
Thank you to all
of you who presented, served on a
panel discussion, and participated
at Smart-Tech. This was PGRI’s
fourth annual event in NYC and has
become a great venue for lotteries
to delve into the most relevant
issues of the hour, and we so
appreciate the privilege of hosting
it and visiting with you. The next
issue of PGRI Magazine will include
an in-depth analysis of the issues
we explored. Too, the conference
was video-recorded and will be made
freely available to everyone on
www.PGRItalks.com. We’ve
received much positive feedback and
hope that everyone accomplished
their objectives. Our next event
will be held at the Trump Miami
Beach Hotel on November 4, 5, 6, and
7th. Lottery Expo Miami
is especially exciting for the
participation from our colleagues in
Latin America. The North America
track is on Tuesday, the LatAm track
on Thursday, and we all come
together on Wednesday. Thanks to the
support of our commercial partners
and sponsors, the hosted receptions
held every night of the conference
have become a wonderful venue to
talk with industry leaders from all
around the world. Please check in at
www.PublicGaming.org for PGRI
conference updates. Thank you again
- We look forward to seeing you
again. Please e-mail me (pjason@publicgaming.com)
with any questions, feedback,
guidance, or comments of any kind.
Smart-Tech 2013 was held
April 8,
9, 10, 2013
at the Helmsley Park Lane,
New York.
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OPINION
Paul's Wall
2012 Public Gaming Magazines
PUBLIC GAMING OCTOBER/NOVEMBER 2012
Click here to read the .pdf version
PUBLIC GAMING SEPTEMBER 2012
Click here to view the .pdf version
Click here to read the regular .pdf version
PUBLIC GAMING MAGAZINE MAY/JUNE 2012