UK gaming operators are bracing for a market share change, as the UK government to push through a new gaming bill into law adding a new point of consumption (POC) tax. While the Gibraltar Betting and Gaming Association promises to fight this new gaming bill in the higher courts, it isn’t all doom and gloom for the biggest gaming operators, including 888. If this bill is passed as expected, the POC will tax all UK facing operators 15% on their remote gaming gross profits beginning December 1, 2014. According to 888 Holdings’ 2013 financial reports, 41% or $163.3 million of…

The Guardian – If there is one sensation that every punter hates, it is the nagging suspicion of having missed something. It is the one you get when the horse you backed at 6-4 steadily drifts to 5-2 before finishing third. Did it simply run as well as it could or did the market know something you did not? I had that feeling twice in a couple of hours after the chancellor’s budget on Wednesday. It happened first when George Osborne announced an increase in the duty paid on profits from fixed-odds betting terminals in betting shops, from 20% to…