One of Britain’s biggest bingo promoters has scooped a £59.1 MILLION payout from the taxman. The money is VAT which Rank Group plc argued it overpaid on interval games at its Mecca Bingo Halls. The company says it will use the cash to reduce its borrowings. Charges That’s because Rank bosses fear the Inland Revenue […]
Nov
11
Bingo bosses reluctant to count £59m tax refund
≡ Category: Bingo, Europe, Legal, Shares, Tax, UK | ≅ Leave a Comment
Sep
9
Dutch in tax threat to foreign online casinos
≡ Category: Casinos, Legal, Netherlands, Online, Tax | ≅ Leave a Comment
Dutch MPs are discussing rules which would slap new taxes on ALL games of chance — including those provided by “illegal” online casinos. This is the second in six months the Senate has debated online gaming. In April, a plan to give the state-owned Holland Casino EXCLUSIVE rights to provide online gaming was chucked out […]
Aug
13
House wins is council’s hope on casino tax
≡ Category: Canada, Casinos, Online, Tax | ≅ Leave a Comment
A Canadian city is BETTING on a planned new casino to fund housing for the homeless. A recent study put the cost of eliminating homelessness in Nanaimo, British Colombia, at more than £22 million. Now proceeds from a tax on the Great Canadian Casino at Port Place Mall will be spent buying land for low-income […]
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