Saturday, 17 May 2014
Changes are on the way for online operators in the UK now that the new Gambling Bill has received Royal Assent.
Operators based overseas wanting to offer their services to customers in the UK will now have to have a Gambling Commission licence. A 15% tax on profits made from UK-based customers will also be levied.In addition, overseas based operators will have to contribute to research, education and treatment in relation to British problem gambling. They will also be duty bound to inform UK authorities about suspicious sports betting.“This Act marks a significant step in increasing protection to consumers based in Great Britain, by ensuring that all remote gambling operators will be subject to robust and consistent regulation,” said Helen Grant, Minister for Sport. “This includes a requirement for operators to support action against illegal activity and corruption in sport, and to comply with licence conditions that protect children and vulnerable adults.”Chairman of the Gambling Commission, Philip Graf added “This is a welcome step forward - bringing the 85% of the remote gambling market currently regulated overseas within the Commission’s remit will provide us with direct access to and oversight of all commercial gambling provided to those in Britain. This means that we will be far better placed to protect players and to respond to and advise the government on emerging player protection and consumer risks and issues.”The new laws take effect in December.
Juicy Stakes and Intertops Poker will hold their special May Day online poker tournament with a guaranteed $2,000 in the prize pool on May 1 and players are being offered the chance to qualify from Monday to April 30 via a series of satellites.
The Easter holidays are now upon us and Juicy Stakes and Intertops Poker are celebrating by holding a pair of special online poker tournaments.
Juicy Stakes and Intertops Poker will be launching their three-stage Vegas Milli Maker tournament series from tomorrow offering players the chance to win a prize package to compete in the upcoming Millionaire Maker event at the 48th annual edition of the World Series Of Poker (WSOP) in Las Vegas.
Intertops Poker and Juicy Stakes are about to kick off three-stage online satellite tournament series that are promising to award winners with prize packages to compete in the upcoming European Poker Championship in Velden, Austria.
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