Sports Business Correspondent
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Dec 12, 2013
Dec 12, 2013
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Dec 6, 2013
Dec 6, 2013

Britain’s taxman catches up with online bookmakers

LONDON, Dec 6 (Reuters) – Bookmakers are preparing for a
tax avoidance crackdown on online gambling in Britain that will
cost the industry 300 million pounds ($490 million) a year,
putting a brake on the fastest growing part of their businesses.

Many bookmakers have set up internet operations in
territories such as Gibraltar, allowing them to sign up British
gamblers while benefiting from benign local tax regimes.

Dec 5, 2013
    • About Keith

      "Sports Business Correspondent, a new role at Reuters. I was previously UK Chief Correspondent and have also worked in Italy, Ireland and the Netherlands during more than 20 years with Reuters. I have also worked as an editor in a number of senior roles."
      Hometown:
      London
      Joined Reuters:
      September 1988
      Languages:
      English, French, Italian, German and Dutch
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