Gambling News 19th February, 2012

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BRITISH LAND CASINOS UPSET OVER ONLINE GAMBLING TAX INEQUITY

19th February, 2012 at 01:16:26
National Casino Industry Forum call for more even-handed taxation.

In Britain over the weekend, the influential land casino body National Casino Industry Forum called for a more equitable tax dispensation, noting that the present arrangement favours online casinos and characterising it as 'absurd'.

Full Story: British Land Casinos Upset Over Online Gambling Tax Inequity »

NO TAX WRITE-OFF FOR CANADIAN 'PERSONAL' GAMBLERS

19th February, 2012 at 01:16:26
Federal Court of Appeal confirms lower court ruling

A Toronto man who spent years fighting a decision by the taxman that he was not a professional gambler and therefore cannot claim tax write-offs on his losses, has hit another brick wall with a decision from the Federal Court of Appeal that the taxman is right.

Full Story: No Tax Write-off For Canadian 'personal' Gamblers »

FORMER CYPRIOT MINISTER DETAILS WHEELING AND DEALING ON ONLINE GAMBLING BILL

19th February, 2012 at 01:16:26
Former finance chief says lobbyists, businesses and politicians were all active in stalling his internet gambling ban

Charilaos Stavrakis, a former finance minister in the Cyprus government, has launched a book detailing the lobbying and political manoeuvring that derailed his attempts to ban online gambling on the Mediterranean island.

Full Story: Former Cypriot Minister Details Wheeling And Dealing On Online Gambling Bill »