In 2005, the Labor government introduced ... more]]> George Osborne, the UK Chancellor, announced that betting site operators will be taxed according the state from which a wager is made. The change will be one of the biggest since the gambling scene was liberalized a few years ago in the UK.

In 2005, the Labor government introduced a Gambling Act based on which remote gambling sites had to pay a duty according to the place of supply. This forced most of the big companies like William Hill and Ladbrokes, to shift the location of their gambling servers and site operations offshore.

Osborne Tries to Persuade Companies to Return to the UK

Close to 90% of online gambling services are provided by companies offshore. According to Osborne, this leads to a dearth of onshore gambling service providers. It can then cause to a deficiency in job opportunities in the UK.

With the intention of persuading such operators to return to the UK, Osborne stated that the new taxing regime will be fair to both offshore and onshore companies. The regime, which will be implemented by 2014 December, may follow the existing rate for taxation.

Currently, companies are paying 15% of their gross profits. This can bring in additional revenue of £55million between 2014 and 2015 to the Exchequer. 2015 to 2016 will bring in £240 million, while 2016 to 2017, £270 million.

The new tax regime will be similar to those followed in the rest of Europe. It can widen the tax base and also help provide remote gambling operators in the UK even grounds to compete against offshore gambling companies.

Point of Consumption to Determine Gambling Regulations in the UK

The need for a change in the taxing regime was brought up in July by Minister John Penrose. He stated that in future, gambling regulations will be based on point of consumption, not point of supply.

Industry analysts believe that the change in taxing can help in consolidation. It is possible that the big operators that have a good brand image will gain a better foothold in the market than their smaller counterparts.

Some of the companies that only have sites will most likely find it difficult to compete with big operators for marketing budgets and other resources. However, online-only companies like 32Red, which have made a name for themselves in the world of online gambling, will not face such issues.

Probability’s chief executive voiced the same opinion when he stated that big operators will benefit a great deal from the change, but that others will face a lot of problems. He mentioned that there is a good chance that this will eventually lead to the creation of a black market.

Ralph Topping, William Hill’s chief executive, stated that while companies like his will still have to worry about the online gambling scene in 2015, small operators will have a lot more concerns. Topping stated that he is confident about the future of William Hill’s online offerings.

New Duty to be Paid by Gaming Machines

In addition to announcing the new tax regime, Osborne stated that a new duty will be levied on gaming machines. This move was made as a response to some of the challenges posed by casino operators in court. Most issues pertained to VAT, also known as Value Added Tax.

While low prize systems will have to pay a small 5% on their net takings, others will have to shell out 20%. The rates will be standard across all casinos. According to the Treasury, the change is ‘revenue neutral’. The duty has raised concerns among operators, who challenged the claim by the Treasury.

The ABB, also called Association of British Bookmakers, mentioned that 20% is a very high rate, which if paid by operators, will put close to 11,000 people’s jobs at risk over time. Lobby groups in the industry hold the same view.

The Treasury will dedicate ?35 million and the coming 2 years to providing tax relief for online gambling companies. This may allow the operators to offer online casino gaming opportunities to customers situated offshore.

Jadestone, a leading developer of online gaming solutions, has signed a casino contract for 2.5 years with Betsson Group which is an online casino company based in Malta. As per the contract, the Swedish company will design games for all Betsson brands including CasinoEuro, Betsafe, and Betson.

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Jadestone, a leading developer of online gaming solutions, has signed a casino contract for 2.5 years with Betsson Group which is an online casino company based in Malta. As per the contract, the Swedish company will design games for all Betsson brands including CasinoEuro, Betsafe, and Betson.

According to Robert Henrysson, Jadestone’s CEO, the financial growth and reputation of the Betsson Group makes it an important client for Jadestone. Henrysson hopes to add to the success by developing a host of games for the site.

Expects a Long and Productive Alliance – Betsson

Betsson’s CEO, Henrik Persson stated that the casino site has been monitoring the progress of Jadestone for the past few years and expects an extensive and rewarding collaboration with the gaming developer. Persson predicts that Jadestone will come up with innovative and unique games that will draw the players to Betsson’s online casinos. According to Persson, the company’s group of casino software developers has enhanced with the Jadestone deal.

At present, integration is taking place at both organizations and the first games will be released in the second quarter of this year. Betsson Group has been in business for over 30 years and employs over 150 people. The company is listed on OMX Nordic Stock Exchange in Stockholm.

Currently Betsson’s online casino offers a variety of high-quality online slot machines. Betsson casino has both, five-reel and three-reel slot games. The casino has more than 12 classic slot machines, over 20 video slots and slots tournaments such as Slotsmania. Most of the slots feature well-known trends and franchises such as Blood Suckers which is based on vampires. With our online slots game reviews, players can get more details on various slots games featured at casino sites.

The casino site uses a Random Number Generator which has been appraised by Technical Systems Testing in Canada and the National Laboratory of Forensic Science in Sweden. Betsson protects the personal and financial information of its players with VeriSign SSL encryption.

Powered by Net Entertainment, the casino site has stable software and superb graphics which make the slot games fun and vibrant. The main advantage of online slot machines is that they can be played at any time. No downloads are necessary as the browser-based casino allows instant play. Some games require Java and others are Flash-based. Games can be played for free or real money. Betsson Casino has a dedicated support staff which can be contacted through live-chat facility at the site. The team can also be reached through e-mail and telephone.

Recent Buy-Out of Jadestone Management

Several months ago, Jadestone separated from Paf, its parent company. Henrysson clarified that while B2B gaming was the focus for Jadestone, Paf was concentrating on consumer sales. The difference in business goals led to the management buy-out of Jadestone, which will carry on providing online games to its former parent company and help enhance its level of expertise.

Tobias Nissen, Jadestone’s Director for Business development, commented that the newly gained flexibility and independence will help the company to offer better services to its new and existing clients. The buy-out contract included operation and development resources for online gaming solutions, intellectual property and staff, and gaming platforms.

Cherry Red Casino offers slots players a special 400% match bonus. You can avail the offer by making your first deposit at the site. Cherry Red Casino provides you more than 60 slots games which have free spins and bonuses. If you are looking for the best slot games ... more]]>

Cherry Red Casino offers slots players a special 400% match bonus. You can avail the offer by making your first deposit at the site. Cherry Red Casino provides you more than 60 slots games which have free spins and bonuses. If you are looking for the best slot games with attractive bonus offers, Cherry Red is one of the online casinos you should check out.

Deposit and Redeem

After registering an account, you should make your first deposit using a credit card or MoneyLineWallet. Once the deposit is made, a coupon code is provided. You can redeem the coupon at the cashier section at Cherry Red Casino. The bonus will be instantly credited to your account.

Eligibility Criteria

The slots bonus can be availed only by new players above 21 years who have registered an account. The first deposit should be made with your MoneyLineWallet or credit card. The minimum deposit amount for this bonus is $25. The slots offer cannot be combined with other promotions at Cherry Red Casino.

The maximum match bonus is $2400. You should claim the offer before placing any wagers at the site. If a wager is made before the bonus is credited, the offer expires. This is a Play Bonus where credits should be used for wagering purposes only. The winnings from the bonus can be cashed out but not the bonus amount. When you cash-out, the bonus will be deducted from your account balance.

To withdraw the winnings, the bonus should be wagered at least 25 times on slot games. If you try to withdraw the bonus before meeting the play-through requirements, the winnings and bonus will be void. You should check for updates or changes before availing the offer as Cherry Red Casino can change the terms and conditions of this offer at any time. The coupon code can be redeemed only once. It cannot be used at the site again.

Weekly Bonuses at Cherry Red Casino

On every Tuesday and Thursday, you can avail weekly bonuses at the casino site. 10 Cherry Red coupons worth $5000 are available. A 50% match bonus is offered when you place wagers on slot games at the site. Each of the 10 coupons can be redeemed up to 5 times. If you make a deposit using credit card or Moneybookers, a coupon code is provided. An extra 25% match bonus is offered by Cherry Red Casino when you use Moneybookers to make the deposit.

Qualifying Conditions

You can use any method of payment accepted by the site to avail this offer. You should make a minimum deposit of $25 to be eligible for this offer. The maximum deposit amount that can qualify for this offer is $1000. This bonus can be used only for placing wagers. You can withdraw the winnings from this bonus once the play-through requirements have been met. Wagers placed on craps, bingo, roulette and baccarat will not be counted towards the wagering requirement.

Wager on the Best Slots

At Cherry Red Casino, you can use the bonuses to place wagers on some of the best online slot games. Some of them are The Three Stooges ll, Texas Tycoon, Cleopatra’s Riches and Golden Retriever. This is one of the best online casinos where players have won big. Last month, Rushmore Casino had big winners on its slots machines.

EUCasino has released an array of live casino games, including table games, to its ever increasing game variety at the site. The live games will provide players a realistic gambling environment at EUCasino.

Thrill of Gambling From Home

According to Michele Stevens, EUCasino’s Marketing Manager in Europe, players ... more]]>

EUCasino has released an array of live casino games, including table games, to its ever increasing game variety at the site. The live games will provide players a realistic gambling environment at EUCasino.

Thrill of Gambling From Home

According to Michele Stevens, EUCasino’s Marketing Manager in Europe, players will enjoy the thrill of playing at land-based casinos in the comfort of their homes with live dealer games. The software in the live online casino will feature personalized promotions, uninterrupted game play and attractive dealers to provide the best gambling experience. Stevens stated that EUCasino is proud of the new addition to its site.

The online casino expects to increase its traffic volume by offering current and new players the fast-paced range of live games including live online roulette and blackjack games.

With the latest technology in webcasting, EUCasino offers players an opportunity to view and play against real opponents with real dealers at real tables.

EUCasino Launches New Instant Play Games

To accompany its group of downloadable games, EUCasino has added several games to its Flash version. The online casino has declared in a statement that its players were amazed at the similarity and accuracy of the Instant Play version to the downloadable one.

With the Flash version, Mac users can view and play a host of games in full screen mode unlike other Instant Play versions that provide smaller or pop-up windows. Vikki Stewart, International Marketing Chief of EUCasino, declared that a lot of effort was spent on ensuring that the game quality in the flash version is superior. Stewart reports that the Skill on Net team, EUCasino’s software developer, has succeeded in creating an easy navigation system, which is crucial to flash versions, for EUCasino.

Players Prefer Instant Play – EUCasino Research

A few weeks ago, the EUCasino team conducted a study which showed that more than 35% players prefer the Flash version at a casino site. As the numbers were significant, more detailed research was carried out by EUCasino. Although the downloadable version offers more games, features and superior quality, some players choose the Instant Play version.

One of the reasons is OS compatibility. The Mac OS does not support the software used at a few online casinos. So the only way for a Mac user to play at the casino site is to opt for the Instant Play version.

Time or the lack of it is another reason why players choose the Flash version. Stewart stated that downloading casino software can be difficult in some situations. If the player is at the office or a similar restricted environment, the Instant Play version allows a few minutes of playing with a single click. This software version eliminates the hassle of waiting for the download to complete before playing a game.

Comprehensive Gaming Offer at EUCasino

EUCasino, powered by Skill on Net software, offers stable software and a host of prizes and bonuses such as cash giveaways like the one recently at Mansion Casino. The games at EUCasino, be it live dealer, download or flash, are checked for fairness on a regular basis. Some of the games offered at EUCasino are progressive jackpots, online slot games, craps and video poker.

Casino Rewards regularly offers large jackpots and free cash giveaways. With a whopping win €125,000 on the Burning Desire slot M.R is the latest ... more]]> Recently, several online casinos awarded huge prizes to players. Two of them are Casino Rewards and Jackpotjoy, sites that offer a variety of games and promotional offers.

Casino Rewards regularly offers large jackpots and free cash giveaways. With a whopping win €125,000 on the Burning Desire slot M.R is the latest jackpot winner at the site. Three months prior to this, an impressive amount of €3.8 million was won by A.D, her partner. M.R was introduced to the site by her boyfriend and has followed his guidelines and tips to win the jackpot.

Burning Desire is a Microgaming slot game that has 5 reels, over 243 ways to win and no pay-lines. The slot game incorporates the concept of “Way Wins” where the symbols are positioned adjacently. A combination of these symbols provides a win which is an innovative way to enhance the winning odds. The game has gamble bonus, free spin bonus, scatter symbol and wild symbol.

Three months ago, M.R’s boyfriend, A.D, struck a Mega Moolah progressive jackpot of €3.8 million with a bet of mere 50 cents. The casino flew him out to Australia to pick up the cheque. A.D has donated a portion of his winnings to charity and has used the rest of the money to help close friends in need. A.D stated that playing at Casino Rewards is a hassle-free process as the service is good.

Last year, the casino gave away almost $10 million in promotions that were held over 10 weeks. Countless players across the world were given free money in their accounts every day. The casino offers generous bonuses for new players which they can use to wager on a variety of games at the site.

Jackpotjoy Announces Bingo Special Winner

Jackpotjoy announced that Miss Yee T won the Bingo Special with £1000. Yee stated that she bought the tickets before going for work and was surprised to see an account balance of £1000 when she logged in to the site at the end of the day. The casino, which is a well-known gaming site, has an array of entertaining bingo variants and regular promotions.

The Bingo Special at the Jackpotjoy online casino is organized on the last Friday of the month. Small wagers such as 10p can be placed on the game at the site. Bingo is a classic game where the numbers that are called out can be crossed off of the card. The online version of the game allows you to chat with your competitors. The Swedish version of Jackpotjoy was launched the previous week and offers great games and the opportunity to score a big jackpot.

Last month, Charlotte N won over £20,000 at the site by playing Diamond Bonanza which has 5 paylines, an auto spin and a top payout of a game jackpot. The casino has awarded over £4.7 million to players till date. One of the unique features of the site is that it allows players to wager with small amounts such as 10p and 25p.