..

William Hill to Gamble on Bigger Gibraltar Future

Written by:
Guest
Published on:
Aug/01/2009

Rumours are circling in the UK that one of the nation's largest bookmakers is set to move some of its crucial operations to Gibraltar.

William Hill, who have just moved 90 jobs overseas, mainly to the Rock, could be transferring its internet and telephone operations over here.



Reports emanating locally also suggest that the company have taken up an option on a large amount of extra office space which could quite easily accommodate the new operations.



Bookmakers who are based in the UK have long struggled to compete with their offshore rivals, namely Paddy Power, Betfred and Stan James who pay far less gross profit tax compared to those in Britain. 

Should William Hill, as expected, jump ship, others could well follow suit such as Ladbrokes who have already admitted that they would be prepared to leave Great Britain and head to Gibraltar.



A mass exodus from the UK could spell trouble for the Racecourse Owners Association who would see a drop of £45 million in lost tax as well as a £30 million loss in 10% levy paid to them.



The Department for Culture, Media and Sport has acknowledged that it does want to level the playing field with overseas businesses but crucially predicts little, if no action prior to next year's General Election.

Source:  Gibraltar Chronicle 

Gambling News

AP Column: Sports Betting Becoming More of a Sure Thing

AP Column: Sports Betting Becoming More of a Sure Thing

No one needed official evidence but it came anyway from the state of New Jersey, where people apparently really like to bet on sports. They put more than $1 billion on their favorites in September, the first time that has happened since the state legalized sports betting a little more than three years ago.

Can I Bet on Caesars Sportsbook From Louisiana?

Can I Bet on Caesars Sportsbook From Louisiana?

You cannot bet on the Caesars Sportsbook app from Louisiana, however, there are alternatives that include BetUS.

Kyrie Irving & Ben Simmons Props Emerge at BetOnline.ag

Kyrie Irving & Ben Simmons Props Emerge at BetOnline.ag

The NBA tipped off last night with a couple of high-profile matchups, but the season's storylines remain centered around a couple of enigmatic players.

Kyrie Irving has been banned from all Nets' activities until he receives the first dose of the COVID-19 vaccine.

Betting odds for Facebook’s name change

Betting odds for Facebook’s name change

Multiple media outlets are reporting that Facebook, the parent company behind Facebook, Instagram, WhatsApp, Oculus and more, will rebrand and announce a fresh name as early as next week.

Scoring on a two-minute drill is Changing the NFL Game

Scoring on a two-minute drill is Changing the NFL Game

The final two minutes of the fourth quarter in the 2021 NFL season has fundamentally changed the game.

Syndicate