A successful man is one who can lay a firm foundation
with the bricks others have thrown at him.
—David Brinkley
26th March 2018  
The Story

The London-based gambling and betting company has lost its bid to get back the £71 million (US$100 million) it paid to the government after losing its case before the UK Court of Appeal.


The loss was the conclusion of an eight-year legal saga.

It all started when a Ladbrokes took advantage of a 2008 tax loophole which allowed corporations to take a tax write off in relation to loans between it and a third party. Being one of the companies that took advantage of the loophole, the gambling company was forced to pay an outstanding tax debt of £71 million (US$100 million). It sought to recover the payment at the Upper Tribunal of the Tax and Chancery Chamber (UTTCC) but was rejected. The Court of Appeal likewise affirmed the UTTCC decision. But it seems that Ladbrokes just took the CA decision in stride, saying that the taxes paid “has no bearing on our numbers.”


Juan Garcia: Blockchain is a very promising backbone for gaming systems

In this interview with CalvinAyre.com's Becky Liggero, DGOJ Director Juan Garcia shares how operators can use blockchain technology and avoid the prying eyes of regulators.


Was George Orwell right? Big Brother takes another step with US Cloud Act

President Donald Trump just signed the Clarifying Overseas Use of Data Act (CLOUD Act) into law, giving the government greater access to the data of its citizens which can be used by law enforcement officials and even foreign governments.

Japanese regulators lower casino chip exchange reporting requirements

The Japanese government will be requiring its future casino operators to report customers who exchange chips worth $9,500 (¥1 million) or more as part of its anti-money laundering drive.

Summit Ascent net revenue jumps 46% in 2017

The Hong Kong-listed operator attributed the increase in its net revenue to the vibrant gambling activity at the Tigre de Cristal casino in Russia's Far East.

Outdated Dutch gambling law needs tweaking ASAP, regulator says

The Dutch gaming regulator has asked its lawmakers to pass the remote gaming act that has been languishing in the Senate for the longest time.

UK gambling operators face new TV advertising social obligations

UK gambling operators are doing their part to promote safe gambling as they intend to include responsible gambling messages in their advertisements by June 2018.

IGT, Boyd launch VR archery tournaments at Vegas casino

Boyd's Orleans Hotel and Casino in Las Vegas will be offering daily virtual reality (VR) archery tournaments, marking the first time that IGT's VR platform has been launched in a casino gaming floor.


Europe is set build to its biggest casino complex in the idyllic island nation of Cyprus. Macau's Melco International and its Cypriot partner Cyprus Phassouri will soon develop a 6,000 square meter integrated resort in Nicosia. It will have 500 hotel rooms, 136 gaming tables, 1,200 gaming machines and 11 restaurants.


Playkey set to transform German gaming industry

The cloud-based gaming platform continues its international expansion with its Germany launch, allowing its German patrons access to top-rated games like Mafia III, The Witcher 3, Fallout 4, Dishonored series, and Overwatch.

European gaming enthusiasts, listen up! The Prague Gaming Summit will start on March 29 and will feature more than 12 hours of learning and networking for delegates. One of the panel discussions that will take place is “Focus on Poland” which will feature SuperBet Poland's Zdenek Lang and Kamil Popiołek.
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