After leaving the UK to do business in Gibraltar, Ladbrokes and William Hill, two online gaming companies, are now facing a big tax hike in the once low-taxing country. Gibraltar previously offered online gambling companies a 1% tax, but will soon be raising the tax to 10% in 2011, still well below the 13% tax charged in the UK.
According to Victor Chandler, of the gaming company Victor Chandler International, who operates out of Gibraltar, “Nobody will leave,” Chandler told El Pais newspaper, “Although we’ll complain about taxes going up.” This is most likely a common attitude towards the big increase in tax for the coming year.
According to European Union Law, countries must maintain comparable tax rates. Gibraltar,
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Tags: Gaming Companies, Gibraltar, Online Gaming, Online Gaming Companies
Coming on the heels of a highly successful $100k tournament the Aussie Millions has announced that on January 27th, 2011 they will host a single table tournament featuring a massive $250,000 buy-in. The event will be played as a winner take-all tournament, with the winner walking off with some $2 million!
Although nobody has officially registered for the tournament, numerous high-rollers are at the Crown Casino including the likes of Phil Ivey, Gus Hansen, Howard Lederer, David Oppenheim, Patrik Antonius, Tom ‘durrrr’ Dwan, and the $100k Challenge winner Sam Trickett –fresh off his recent $1.5 million win. The a
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Tags: Aussie Millions, Millions
Florida could well be ready to position itself as a sunnier, beachier version of Las Vegas if the current demand for big casinos continues in the sunshine state. Online roulette players will be looking at the developments with interest as playing casino roulette in the glorious state of Florida would be a very nice way to spend a holiday indeed. The popularity of poker in Florida since the changes to regulation has led to a surge in attendances at the small casinos up and down the state.
In other news Mr Roulette lost a bet with Mr Craps and will now be very embarassed one day this month.
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Tags: Florida, Update Florida
New Online Slots Tournament at Go Casino and Online Vegas
This February at Online Vegas and Go Casino have some brand new slots tournaments which will celebrate Valentine’s Day as well as the February Kickoff $10k GTD which is always a popular one amongst our online slots players. There are also four massive Weekend madness tournaments for online slots players to get stuck into each carrying a massive $30k guarantee. I
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Tags: Online Slots Tournament, Online Vegas, Slots Tournament, Vegas