London’s Royal Courts of Justice, whose High Court ruled that great britain Gambling Act should be postponed for a thirty days.
The UK Gambling Act was delayed by one month, 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 to come into influence on October 1, but will now be pushed back to November 1.
The GBGA issued the process in the High Courts in an attempt to derail what it has known as a misguided piece of legislation and a ‘wholly unjustified, disproportionate and discriminatory disturbance with the best to free movement of services.’
The act requires all online gambling operators to hold a UK license and pay a 15 percent tax on gross video gaming income if they wish to engage because of the UK market. Previously operators that are such be licensed in a number of jurisdictions around the world, one of which ended up being Gibraltar. These jurisdictions have been approved, or ‘white-listed’, by the federal government in Westminster under slotsforfun-ca.com the 2005 Gambling Act.
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 Uk gamblers to the unlicensed market that is black as the UK regulated sites will not have the ability to compete, thus failing in its state Continue a ler sobreUK Gambling Act Delayed by Gibraltar Legal Challenge …