Tag Archives: European Union

David Clifton – Licensing Expert – CJEU to rule on EU law issues raised by GBGA challenge to POC tax

SBC News David Clifton – Licensing Expert - CJEU to rule on EU law issues raised by GBGA challenge to POC tax

Gambling industry legal expert David Clifton (Clifton Davies Consultancy), examines the GBGA’s tax and competition based challenge against the UK POC regime, as the case reaches the higher courts of European Union Law.    The Gibraltar Betting and Gaming Association (GBGA) has been celebrating what must by any account be regarded as an intermediate victory in its judicial challenge to the …

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EU publishes 4th Anti-Money Laundering Directive

SBC News EU publishes 4th Anti-Money Laundering Directive

The European Union 4th Anti-Money Laundering Directive has been officially published in the European Journal. The scope of the 4th Directive is wider than its predecessor and covers all gambling services, it will review and revamp the UK Money Laundering Regulations which were established 2007. The 4th Directive will, however, allow Member States to exempt sectors on the basis of proven low risk posed by the …

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European operators to work under new EU anti money laundering (AML) directive

SBC News European operators to work under new EU anti money laundering (AML) directive

Following a two year process, the European Parliament has approved a new anti money laundering (AML) directive, which aims to strengthen EU member states framework on tax evasion and terrorist financing. The AML directive will increase monitoring of digital transactions, making it accessible it easier for authorities to trace funds. Financial services institutions and online gambling operators will be made …

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Portugal approves Online Gambling Bill for 28 June

SBC News Portugal approves Online Gambling Bill for 28 June

Portugal’s Council of Ministers have approved the passing of the nation’s Online Gambling Bill, which is set to commence on 28 June. The bill will bring a legislative framework for all forms of online gambling under the monitoring of Portuguese gambling regulator Santa Casa de Misericordia de Lisboa. Portuguese ministers have assured the public that the gambling bill, is line …

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Poland amends gambling framework to meet EC policy standards

SBC News Poland amends gambling framework to meet EC policy standards

Poland has moved closer to allowing legalised online gambling, as the European Commission approved the government’s plans to amend its gambling laws. The European Union member will allow for foreign remote gambling operators to tender for national gambling licenses. Following a review to its existing framework, Polish ministers have lifted operator requirements to be partnered with a local subsidiary. Furthermore …

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bwin.party 2015 cashflow gets hit by €15 million EU tax payment

SBC News bwin.party 2015 cashflow gets hit by €15 million EU tax payment

bwin.party PLC have announced that its net revenue and cashflow will be reviewed in 2015 due to new European Union (EU) VAT rules that came into action this January. The operator expects to pay an additional €15 million in VAT, due to recent changes EU tax regulations concerning digital business/services. Changes to EU VAT regulations concerning digital services, has seen …

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Online gambling to be included in Fourth European Anti-Money Laundering Directive

SBC News Online gambling to be included in Fourth European Anti-Money Laundering Directive

The European Gaming & Betting Association has announced that the entire gambling sector is now included in the scope of the fourth anti-money laundering directive. EGBA welcomes the deal reached by the negotiating teams of the European Parliament and the Member States on 16 December, which will ensure that the online gambling sector is subject to one set of rules …

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EveryMatrix publishes EU interstate policy white paper

SBC News EveryMatrix publishes EU interstate policy white paper

Igaming and online sports betting technology provider EveryMatrix has published a white paper on potential European Union wide igaming regulations and the current regulatory frameworks of its member states. EveryMatrix’s white paper aims to determine whether the European Union will try to incorporate amalgamated regulations, policies, laws, and business frameworks for online gambling and sports betting services operating within EU …

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ECJ rules against Italian foreign gambling tax practices

SBC News ECJ rules against Italian foreign gambling tax practices

The European Court of Justice (ECJ) has ruled against current Italian gambling tax legislations. The ECJ stated that Italian gambling tax laws which charge winnings from games of chance and sports betting obtained whilst playing in other EU member states were against European Union member state business and tax practices. By charging taxes on consumer’s foreign winnings, the Italian tax …

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UK Law: Is the GBGA too late with its point of consumption legal challenge?

SBC News UK Law: Is the GBGA too late with its point of consumption legal challenge?

In a series of articles, David Clifton, director at licensing and gambling consultancy Clifton Davies, takes a look at the changes to the UK’s gambling licensing laws which are due to be in place by October. The big question is whether the GBGA is too late with its point of consumption legal challenge. Through its solicitors, in letters before action …

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