Tag: U.K. Online Gambling Rule
Changes for U.K. Online Gambling Rules On Track
January 21, 2014
Online-Casinos.com – The laws of the land are about to change in the United Kingdom regarding online gambling licenses and the taxes collected. The proposed new regulations will require all online gambling companies operating in the United Kingdom’s jurisdiction irrespective of the location of their base of operations will have to obtain a U.K. Gambling Commission license. On top of that detail, there will be a new point of consumption tax of 15% raked from the operator’s profits, and a pledge by the companies outside the U.K. to immediately inform the U.K. Gambling Commission of any suspicious behavior by customers…