Sky News – Online betting companies based in offshore havens to sidestep Britain’s gambling taxes will be hit with a new levy that may raise £300m for the taxpayer. The Government is to impose a 15% tax rate on operators in the £2bn remote gambling market. The rules state that from December 2014 gambling must be taxed according to where customers are based rather than where the online operator is registered. “It is unacceptable that gambling companies can avoid UK taxes by moving offshore, and the Government is taking decisive action to ensure this can no longer happen,” Economic Secretary…

From Net News Ledger – Anyone who opens their eyes to the popular media will know that online gambling has become a huge business in the UK, with revenues surpassing the £2 billion mark last year; surely good news for the treasury. The meteoric rise of online casino UK gambling is probably due to a number of factors, but there seems to be a distinct trio acting as a driving force: sports betting, the online casino, and the popularity of mobile internet devices such as smart phones and tablets. The online casino has really captures the imagination of a lot…