A KMPG study, commissioned by The Remote Gambling Association (RGA), the largest trade association for remote gambling operators in the world, has concluded that a taxation regime for remote gambling based on a Gross Profits Tax (GPT) will result in more income for the Cypriot government and better social protection measures for Cypriot consumers.
The Remote Gambling Association (RGA), the largest trade association for remote gambling operators in the world, has submitted a legal challenge to the Greek Government’s taxation regime for remote gambling. The action in the Greek Council of State was co-signed by bet365, Betfair and William Hill.
The barriers against the cross-border offering of sports betting and gambling erected by the EU (and EEA) Member States have been under strict scrutiny by the European Commission for several years. The Commission judges numerous national provisions to be in breach of Community law and has therefore already initiated infringement proceedings against several Member States, including Germany (two proceedings, one relating to the sports betting monopoly and one relating to the new Interstate Treaty on Gambling) and Austria. Nearly 100 bingo clubs around Britain have shut their doors in the past three years – more than a dozen since the start of this year. More than three million people across the country regularly play bingo. But the major commercial chains such as Gala and Rank’s Mecca bingo have seen their profits slashed by political and economic constraints – with little sign until recently that the industry’s cries for help are being heard in Whitehall.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.