Casino Choice UK News Archive
UK set to dominate the world online gambling market
The article reports that Britain will become the first developed country in the world to legalise online gaming, effectively securing them a tax revenue jackpot as gambling companies across the world will flock there to set up legitimate operations from a respected base.
Britain actually has a history of leading the way in the gambling markets, as it was the first country to legalise online sports betting.
The move should come as a blow to America, which despite being the source of nearly 80 percent of online gaming revenue, still collects no tax from the industry. The UK will now be hoping to cash in.
Britain actually has a history of leading the way in the gambling markets, as it was the first country to legalise online sports betting.
The move should come as a blow to America, which despite being the source of nearly 80 percent of online gaming revenue, still collects no tax from the industry. The UK will now be hoping to cash in.
Submitted: 2006/05/17 at 12:20:48
