New Posts For Thread: potential Bill to ban offshore gamblinghttps://community.betfair.com/general_betting/go/thread/view/94082/28903293/potential-bill-to-ban-offshore-gamblingbit hazy about this. would it be the end of Betfair?All the measure means is that the bet will be considered struck in Britain rather than e.g. Gibraltar if the punter is in England. It will help the levy in the short term.I can't see them significantly increasing GPT, though an increase on Irish linehttps://community.betfair.com/general_betting/go/thread/view/94082/28903293/potential-bill-to-ban-offshore-gambling?post_id=516164319#516164319All the measure means is that the bet will be considered struck in Britain rather than e.g. Gibraltar if the punter is in England. It will help the levy in the short term.I can't see them significantly increasing GPT, though an increase on Irish lineThu, 09 Feb 2012 21:57:12 -0600They are most unlikely to increase GPT. It would be perverse to look at removing the inequality between onshore and offshore bookmakers and come to the conclusion that you will penalise the already higher taxed on shore firms.Even when the machine GPhttps://community.betfair.com/general_betting/go/thread/view/94082/28903293/potential-bill-to-ban-offshore-gambling?post_id=516105725#516105725They are most unlikely to increase GPT. It would be perverse to look at removing the inequality between onshore and offshore bookmakers and come to the conclusion that you will penalise the already higher taxed on shore firms.Even when the machine GPWed, 08 Feb 2012 13:15:39 -0600*GPThttps://community.betfair.com/general_betting/go/thread/view/94082/28903293/potential-bill-to-ban-offshore-gambling?post_id=516099665#516099665*GPTWed, 08 Feb 2012 10:50:33 -0600Feck i saw the MP thats pushing this on C4 news last night. He seems to want to place a tax on where the bet was placed. That is likely to be tricky so they may just increase the 15%GBT instead. That would certainly hurt the bookies with shops.https://community.betfair.com/general_betting/go/thread/view/94082/28903293/potential-bill-to-ban-offshore-gambling?post_id=516099627#516099627Feck i saw the MP thats pushing this on C4 news last night. He seems to want to place a tax on where the bet was placed. That is likely to be tricky so they may just increase the 15%GBT instead. That would certainly hurt the bookies with shops.Wed, 08 Feb 2012 10:49:30 -0600In this case I don't think that's true howard. It just means the offshore tax dodgers will have to accept the same percentages that bet.365 and other onshore internet firms live with.https://community.betfair.com/general_betting/go/thread/view/94082/28903293/potential-bill-to-ban-offshore-gambling?post_id=516093603#516093603In this case I don't think that's true howard. It just means the offshore tax dodgers will have to accept the same percentages that bet.365 and other onshore internet firms live with.Wed, 08 Feb 2012 08:30:44 -0600The government want more money. If they get it there will be less money for winnings and therefore less winning punters.https://community.betfair.com/general_betting/go/thread/view/94082/28903293/potential-bill-to-ban-offshore-gambling?post_id=516089699#516089699The government want more money. If they get it there will be less money for winnings and therefore less winning punters.Wed, 08 Feb 2012 06:29:59 -0600good to hear. i'm confused by all the malta/gibraltar/aus stuff.https://community.betfair.com/general_betting/go/thread/view/94082/28903293/potential-bill-to-ban-offshore-gambling?post_id=516058999#516058999good to hear. i'm confused by all the malta/gibraltar/aus stuff.Tue, 07 Feb 2012 11:02:19 -0600In this country (the UK) you mean? Then hardly - BF ran their UK business through a UK licence until fairly recently.https://community.betfair.com/general_betting/go/thread/view/94082/28903293/potential-bill-to-ban-offshore-gambling?post_id=516058941#516058941In this country (the UK) you mean? Then hardly - BF ran their UK business through a UK licence until fairly recently.Tue, 07 Feb 2012 11:00:35 -0600bit hazy about this. would it be the end of Betfair?https://community.betfair.com/general_betting/go/thread/view/94082/28903293/potential-bill-to-ban-offshore-gambling?post_id=516058571#516058571bit hazy about this. would it be the end of Betfair?Tue, 07 Feb 2012 10:49:22 -0600