I have a question... How are they going to enforce this tax?
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5 hours ago
LONDON (Reuters) - Online betting companies based in offshore havens to sidestep Britain's gambling taxes will be hit with a new levy that could cost the industry 300 million pounds ($467 million).
Under rules published on Friday, Britain will tax gambling according to where customers are based rather than where the online operator is registered, meaning that offshore operators pay the same 15 percent tax rate as domestic remote-betting companies.
The tax will be levied on companies' gross profit - total bets placed minus prizes paid out - in the 2 billion pound remote-gambling market from December 2014....