100% up to 200$
November 3, 2014
As you may know, the GBGA (Gibraltar Betting and Gaming Association) appealed to the general attorney and the UK GC (Gambling Commission) on June, 18th, 2014 to inform them about their decision to ask for the judicial retrial of the decree to give royal consent to the Gambling Act 2014 (Advertising and Licensing) and inquire for additional information execution to the Pre-Action Protocol for Judicial Retrial.
On August, 18th, 2014, the GBGA proclaimed that it had lodged a legal charge against the law. All the gambling operators and their affiliates that are situated throughout the world but provide gaming services at the UK market will be glad to hear about the revocation of the Gambling Act (Licensing and Advertising). As many will know, a great amount of these gambling operators are located in offshore jurisdictions and they are powered by local authorities.
These offshore gaming operators can promote their operations to the market of the UK via a certain embrasure in the Gambling Act 2005. According to this Act, the operators located in the European Economic Area, i.e. white-list territories and Gibraltar in particular, could offer their services in the market of the UK. The Gambling Act (Licensing and Advertising) tries to shut this embrasure and demands all the operators working at the UK market not only to receive a license from the UK Gambling Commission, but also to pay taxes on the income they get from the gamblers in the UK, notwithstanding their location.