Totesport takes its licensing to "white listed" Channel Isles

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2007-12-27 博彩518 https://www.gowanbo.cc

GOVERNMENT ONLINE CASINO HEADS FOR ALDERNEY

In a move that British media is interpreting as an embarrassment for the UK Labour government, Totesport Casino, the Internet arm of government-owned bookmaker the Tote, is switching its licensing to the offshore tax haven of Alderney and not the UK.

The Guardian reports that this controversial move will allow Totesport to advertise freely in the UK while avoiding UK tax and regulation, where taxation levels imposed by present Prime Minister, then Chancellor, Gordon Brown have been widely critised.

The taxation discouraged online gambling companies in other European jurisdictions to switch to the UK, saying they had been forced to boycott the UK because Brown had set a prohibitively high 15 percent "remote gaming duty," on online poker and casinos.

One operator called the tax "a joke," insisting the industry would continue to target UK punters from offshore bases where they pay little or no tax.

A spokesman for the Tote, which is about to be privatised, said the decision to switch its online casino operations from Curacao to Alderney had been taken in order to allow Totesport Casino to advertise freely in the UK, in particular permitting it to sponsor horseracing events.

Curacao-licensed operators do not qualify for UK advertising freedoms, whilst Alderney is on the UK "white list" permitting licensees to advertise in Britain.

Asked why the Tote had not sought a licence from the UK Gambling Commission, he confirmed Alderney offered lower costs, particularly when it came to tax.

The spokesman said the decision to relocate to Alderney had been taken in full consultation with the Department for Culture, Media and Sport.

A spokesman for the DCMS said: "This is a business decision for the Tote. The Tote is run as a business."

The government has been trying to privatise the Tote for several years but early efforts were blocked in Europe because they breached rules on state aid. Tote management, under chief executive Trevor Beaumont and backed by a consortium of race track and horse owners, is believed to be in the final stages of negotiating an alternative sell-off plan.

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http://www.ft.com/cms/s/0/264203 ... a-0000779fd2ac.html

Online casinos flock to Alderney tax haven
2007-12-28

Alderney is experiencing a flood of applications from online gambling companies eager to set up in the Channel Islands tax haven following changes to the UK’s legislation on internet poker and casinos.

Totesport Casino, the internet arm of the Tote betting agency, confirmed on Thursday that it would complete a move from the Caribbean island of Curacao to Alderney in weeks. The move ensures that the state-owned operation will avoid a 15 per cent “remote gaming duty” introduced by Gordon Brown three months ago.

The Tote claimed on Thursday that the move was “not for tax reasons at all”. Totesport had not been liable for tax in the Netherlands Antilles. The change of location was to allow Totesport to advertise its sports betting website in the UK.

September’s changes to the 2005 Gambling Act created a list of countries from which licensed operators could advertise gambling in the UK. Only Alderney, the Isle of Man, Gibraltar and members of the European Economic Area were on a “white list” of approved countries.

“They [Totesport] clearly couldn’t stay in Curacao,” said Robin Le Prevost, head of e-commerce at the Alderney Gambling Control Commission. “The decision was: should they go to a white-listed jurisdiction or should they go to the UK.”

Since the legislation change there had been “an extraordinary number” of applicants, Mr Le Prevost said. The number of licensees on the island was double what it was 18 months ago.

A commission website lists 33 full licensees, including offshoots of Gala Coral, Harrah’s, Rank and William Hill. Mr Le Provost said much of the new interest was from Asia and the Americas, though some European companies were among the applicants.

The Tote admitted that tax had played a role in its decision not to move to the UK. “When all of your competitors are based offshore, from a business point of view it makes sense.” Low set-up fees in Alderney had also been a factor, the Tote said.

The Department for Culture, Media and Sport, which was consulted about the move, said it was “a business decision for the Tote”.

Not having to pay UK tax could make Totesport more attractive to bidders when the government restarts the stalled privatisation process in the new year.

Ministers this month abandoned a plan to sell the Tote to a racing consortium after being advised that a £320m ($639m) offer undervalued the business. The government is expected to put the business on the open market in 2008, honouring a 2001 manifesto pledge to sell its 540 betting shops and pool betting business.

Gala Coral is expected to be a leading bidder. The private equity-backed bingo and casino business has said it would be willing to offer £405m for the Tote.

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2007-12-27

Online casino and sportsbetting firm, BigJuicyOdds, will be paying out players who have been turned down by another gambling firm, SBGGlobal.

Just recently, the funds of up to ten players were recently frozen and seized by SBGGlobal. The company stated that the event which occurred were due to allegations of the participants running a syndicate. "We won't be cheated," a spokesperson for SBGGlobal said.

"While we rarely have to, we do defend ourselves from this type of group play and it is clearly posted on our website, no syndicate or professional betting action allowed."

BigJuicyOdds has offered to pay out an approximate total of $100,000 into the accounts of the customers at SBGGlobal without asking for a deposit.

BigJuicyOdds is an interactive online sportsbook, casino, racebook and poker site that is dedicated to making its site a unique experience for its players. The company offers a large selection of popular online casino games, table games and poker games.

Director of operations for BigJuicyOdds, Charlie Stanton, said, "Player suggested promotions, special offers and one-on-one VIP treatment is the model we will follow."

"We will do anything to make our players comfortable and extremely satisfied," he concluded.

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SBG Global和betroyal是一家的，两个臭名昭著的博彩公司。