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The company is taxed as a bookmaker, with a 15 per cent levy on gross profits, while punters are not taxed. The reference to clients in Mr Brown's statement suggested it was the layers' tax position that will be examined most closely.
Mark Davies of Betfair said that the Chancellor should not give in to lobbying from the high-street bookmakers, who he said wanted to restrict competition. "The suggestion that the customers who are layers are acting as bookmakers does not stand up to logic.
The potential player pool of 90 million dollars each night , which means greater chances of big wins, the young poker magazine say. They are in sounding out other European countries with online casinos view to extending the casino drawing out of position .But industry insiders are not getting overly excited by the announcement since the Queen has only called for "Further draft clauses of a Bill on gambling” to be published. While this is a step in the right direction it does not position Gaming reform to be voted upon in the upcoming Parliamentary sessionS
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