Showing posts with label how to start online casino. Show all posts
Showing posts with label how to start online casino. Show all posts

Saturday, September 14, 2013

New Information on American Upcoming Online Casinos



New Jersey, Delaware and Nevada are the first three American states which are starting to make their mark on the online gambling scene. Delaware has already taken the necessary steps by introducing its own Facebook-integrated play-for-free online casino, while Nevada even managed to launch a licensed online poker room last summer. New Jersey is also pursuing its own online gambling plans and regulators are saying that online gambling sites will most surely be open by November 23. Even so, New Jersey regulators have recently announced that they are in the process of analyzing submissions received from operators who wish to start an online casino, and explained that some of them still need to complete the necessary paperwork in order to be awarded with an online gaming license.
Taking into consideration that California pro-gambling regulators did not manage to convince the government to pass the gambling draft bill into law, New Jersey will most surely take the opportunity to get ahead of the competition. Delaware on the other hand is taking small steps by opening a free play Facebook based mobile and online casino, which supposedly allows Delaware players to get accustomed with the online version of traditional casino games without risking losing any money.

Monday, August 19, 2013

Gibraltar Gambling Operators Contest British Tax Proposal




Gibraltar operators seem to be extremely disadvantaged by the recent proposal made by UK regulators, who proposed a 15 percent tax on both UK gaming and betting companies and Gibraltar based gambling operators. At this point in time, the tax regime on gambling operations in Gibraltar is set to 1 percent, making this region the perfect place for operators who want to find out how start online casinos or maintain a profitable gambling business venture.
By passing this proposal into law, Gibraltar operators will not only be asked to pay the 15 percent tax on gross gaming they revenues, but will also be required to apply for a license from the British gambling regulatory body. At this moment, no less than 60 percent of bets placed at gaming and betting sites in UK are made through sites registered in Gibraltar. Operators are commenting that this new proposal will influence their businesses in a negative way and will decrease their profits significantly.
Furthermore, the operational costs of gambling activities in Gibraltar will also be influenced by levies applied on marketing services, like advertising, which are currently not taxed by the gambling regulator. Several world-renowned bookmakers moved their operations to Gibraltar in order to reduce costs which rise to $30 million per year, but considering the new proposed regulatory changes, operators will have to reevaluate their business strategies.