Wednesday, March 10, 2010
The European Court of Justice has finally started supporting the efforts of the European Commission in forcing countries to open their doors to foreign gambling companies.
At the moment Spain is hot on the list of the countries breaking EU gambling laws. The disagreement has risen as a result of tax breaks given only to the players winning from Spanish gambling companies, whereas players who gamble and win at offshore online casino sites are to pay taxes on their winnings.
In spite of the fact that Spain is working with relatively open gambling laws now, it still giving clear preference to Spanish based companies. The taxation policy in Spain is, by no means, protective, however, it is not in compliance with the EU laws.
At the moment Spain is hot on the list of the countries breaking EU gambling laws. The disagreement has risen as a result of tax breaks given only to the players winning from Spanish gambling companies, whereas players who gamble and win at offshore online casino sites are to pay taxes on their winnings.
In spite of the fact that Spain is working with relatively open gambling laws now, it still giving clear preference to Spanish based companies. The taxation policy in Spain is, by no means, protective, however, it is not in compliance with the EU laws.
posted by Selvam @ 6:30 PM
permanent link | |
Bookmark &
Share
Tuesday, March 9, 2010
Greece is still refusing to comply with the European Commission's request to readjust policies and regulations and end the existing online gambling state monopoly. The Greek government explains it as a necessary measure to protect Greek citizens from addiction. In reality, it is all about the money. By blocking foreign online casinos and land betting companies, Greece keeps state control over the gambling money in the country.
It is obvious that the state monopoly is not less dangerous than the foreign gambling companies, but state monopoly works for the state budget only, while foreign online casinos site benefit the whole of the EU Economy.
Of course, there are some countries where the state monopoly can be justified, but how to define the country's genuine interest?
It is obvious that the state monopoly is not less dangerous than the foreign gambling companies, but state monopoly works for the state budget only, while foreign online casinos site benefit the whole of the EU Economy.
Of course, there are some countries where the state monopoly can be justified, but how to define the country's genuine interest?
posted by Selvam @ 5:29 PM
permanent link | |
Bookmark &
Share