Tag: Concern
Concern Prompts Changes in Proposed U.K. Online Gambling Regulations
May 14, 2014
Casino Scam Report – Proposed changes in online betting in the U.K. has sparked concern that the new regulations, which shift taxes to the consumer end, could harm the nation’s gambling industry and even the British economy in general. The manner in which the British government regulates online gambling has been met with resistance from operators who fear a reduction in gambling and thus in their profits. Designed to protect gamblers, who in the U.K. are known as punters, the changes target operators who have attempted to reduce their expenditures by moving to jurisdictions where taxes are lower. One such…