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Online gamblers to benefit from sports minister's plans

Posted By Grant Nelson | Friday, May 1, 2009 - 09:02
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The plans will benefit online gamblers

Sports minister looks set to implement plans which will benefit online gamblers

Online gamblers in the UK look set to benefit from new requirements that will regulate offshore firms setting up business in Britain.

Sports minister Gerry Sutcliffe has suggested that new plans will be implemented in order to establish a "fairer system".

Brian Wright, business director at the Remote Gambling Association, said the "decision is a bit belated".

"[Firms will] be subjected to the regulation of the Gambling Commission, so the government would have control over how the companies were regulated and what they put in their advertising," he commented.

The government's plans come in the wake of rapid technological advances in online gambling and a shifting regulatory landscape.

Their aim is to ensure that a fair system exists which will ensure a level playing field between British firms and their overseas counterparts.

All gambling firms that operate in Britain are subject to remote gaming duty of 15 per cent on remote gaming profits, a measure that was implemented on September 1st 2007.ADNFCR-1691-ID-19149852-ADNFCR

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