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Online Casino News - August 2009

August 31, 2009 - Wager Works Rainbow Riches Win Big Shindig

August 30, 2009 - Labor Day Slots Tournament Guaranteeing $100K

August 28, 2009 - BCLC to Offer Online Casino Gambling by 2010

August 27, 2009 - American Express Begs to Differ With Rome Casino

August 26, 2009 - Online Gambling Regulation Fast-Track in Argentina

August 25, 2009 - WPT Enterprises Opts for Party Gaming Instead

August 24, 2009 - PokerStars Online Casino on FOX This Fall

August 21, 2009 - Online Casinos are Outperforming Las Vegas

August 18, 2009 - Online Gambling for Free at VIP Casino

August 16, 2009 - New Casino Games Released by Casino Plex

August 15, 2009 - Live Online Gambling Partnership Joins NetplayTV

August 15, 2009 - More Online Casinos Accepting American Express

August 14, 2009 - Atlantic City Casinos Watch Online Casinos Rake it in

August 13, 2009 - Wizard Gaming Says Bye-Bye to All Star Slots Casino

August 13, 2009 - GoldenCasino Changes August Tournament Schedule

August 11, 2009 - Roxy Palace Online Casino Hosting Multiple Promos

August 10, 2009 - UK Bingo Site, SoBingo, is So Giving Away Free Stuff

August 8, 2009 - Rival Online Casinos to Unveil New "Spy Game" I-Slot

August 7, 2009 - Online Poker Facing Tough(er) Times in New York State

August 6, 2009 - New Jersey Senator Introduces Online Poker Bill

August 5, 2009 - World Poker Tour Enterprises Buyout Likely to Happen

August 4, 2009 - Rome Partners Launches Second Online Casino

August 3, 2009 - UK Whitelist on Hold With Gambling Act Under Review


News of the Month...

UK Gambling Companies Looking for Friendlier Taxes

Starting off the month of August, it just wouldn't be fair to not talk about the drama playing out in the UK online gambling scene. Following reports earlier in 2009 that top shelf online casino and internet betting operators would likely move from the UK to other offshore online gambling regulatory jurisdictions with friendlier tax laws, it now appears these speculations have some serious merit. Just last week, reports in several leading UK news publications suggest that two of the UK's largest bookmaker's and casino operators, William Hill and Ladbrokes, will be unveiling plans to move their operations from outside of the UK. Will Hill, in particular, has been vocal about the heavy 15% tax burden imposed by the UK Gambling Commission. Chief Executive, Ralph Topping has expressed on more than one occasion that it is becoming increasingly difficult to compete with other gambling companies licensed in offshore jurisdictions with far less tax burdens. Specifically, Will Hill is now indicating a move to the online gambling friendly territory of Gibraltar is likely, where tax rates are just 1.5%. Compared to the current 15% rate the company is now paying, it seems like a no-brainer why Will Hill would make such a move. In terms of regulatory regimes, Gibraltar is as strict as they come. Very similar to the regulations imposed by the UK, Gibraltar licensed online casinos still must meet the same auditing and testing practices imposed by the UK Gambling Commission. As for Ladbrokes, they have not been as outspoken as Will Hill, but have nonetheless alluded to making changes as well, especially if Will Hill does first. In ironically similar news, the Gibraltar based 32red Casino, has filed a trademark infringement suit against Will Hill, whose online casino portal 32Vegas (which they acquired through a deal with Playtech), is causing confusion with 32Red's customers - so says 32Red. Consequently, 32Red thinks that Will Hill should compensate them for losses and damages. However that turns out, maybe it will just have to play out in Gibraltar after all.

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