Utah, Spanish Regulation, UK's Budget Announcement : iGaming Industry News with Natalie Rydstrom
SBR news analyst Natalie Rydström reports on the latest in the iGaming news department. Natalie discusses Utah's stance on gaming legalisation, UK budget news, as well as an interview with noted iGaming video analyst "J Todd".
Hi this is Natalie Rydström with this weeks I-Gaming industry news, reporting for SportsbookReview.com; with a guest appearance from esteemed analyst J Todd.
So strong is Utah's opposition against the legalisation of online poker, that Utah Governor Gary Herbert sent a letter to Democratic Senate Majority leader Harry Reid of Nevada and Republican House Speaker John Boehner expressing his disapproval. The letter, according to the Las Vegas Review Journal, stated that gaming laws should be decided by individual states and not on a federal basis. Last March, Herbert passed a pre-emptive bill ruling out Utah's involvement in any federal internet poker regulation; becoming the first state to do so.
Spain is one step closer to regulating their online gaming market. Spanish e-gaming body La Asociación Española de Juego Digital recently published a list of 26 companies --- suppliers, affiliates, and operators --- who have agreed to join the Asociación and will be in full compliance with government regulations. One popular gaming company who is opting out of Spain is Bodog Europe. Spanish customers have been told that their accounts will be closed by the end of the month and they have been asked to withdraw their outstanding balances. Poker rooms on the Micro gaming Network also ceased their activity in February as a result of this.
In other news, following Chancellor George Osborne's budget announcement last month to introduce a point of consumption tax for remote online gambling operators, the UK government has said that they would be ‘grateful' for any comments on the policy design and the potential impact of proposed legislation. The Government is interested in feedback from all stakeholders including operators, gambling software suppliers, advertisers of remote gambling services, trade bodies and all other parties who have an interest in remote gambling taxation. If this applies to you, you may go to the HM Treasury website and submit your comments.