Ladbrokes leaving Canada, Pinny leaving UK...........whats going on?

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  • Natty68
    SBR Wise Guy
    • 05-11-14
    • 550

    #1
    Ladbrokes leaving Canada, Pinny leaving UK...........whats going on?
    Thought the progress in NJ would be opening markets, not closing them. Any insights would be preciated
  • mtneer1212
    SBR MVP
    • 06-22-08
    • 4993

    #2
    When the governments make it so that bookmaking is no longer profitable, it is time to close up shop.
    Comment
    • LEOLEO
      SBR Wise Guy
      • 02-13-13
      • 664

      #3
      UK one is easy

      government added legislation to sportsboks, that if they wanted to continue to subscribe to UK folk,
      thet have to pay U.K tax...

      so sportsbooks most are choosing to say "f#ck you" U.K in that case
      Comment
      • MoMoneyMoVaughn
        SBR Posting Legend
        • 05-08-14
        • 14988

        #4
        Starting to get worried about situation in Canada. I know nothing with happen immediately.

        But will it be this easy in 2 years? 5 years? 10?

        Probably not.
        Comment
        • jjgold
          SBR Aristocracy
          • 07-20-05
          • 388189

          #5
          Canada has too many banking laws with usa now and IRS

          That's main issue that books getting away from Canada
          Comment
          • MoMoneyMoVaughn
            SBR Posting Legend
            • 05-08-14
            • 14988

            #6
            Our banks will name names...

            Comment
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