CNBC, a respected global news source, recently ran an article about the predicted effects of changes in the UK gambling tax regime set to take effect in December 2014, and which includes the introduction of a 15% point of consumption (POC) levy on offshore online gaming operators. CNBC quotes gaming analysts for Davy Research, David Jennings and Simon McGrotty as saying: “The introduction of the POC tax is likely to cause a seismic shift in the competitive landscape of the UK online gaming market.” The analysts believe that remote businesses such as the Gibraltar based Ladbrokes and William Hill gambling…

4Flush.com – Recent confirmation that the United Kingdom plans to go ahead with plans to increase the tax assessment against remote online gambling sites serving UK bettors has many of the targeted online sites up in Gibraltar, the “Rock” territory near the entrance to the Mediterranean sea that juts out from Spain’s southern coast.  Tiny Gibraltar, all 2.6 square miles of it, has been a British protectorate for centuries. These days, in addition to being the home of a feisty, feral pack of macaque monkeys, the so-designated British Overseas Territory is also home to a feisty, feral pack of British…