UK Bingo Tax Issue Heats Up
Posted on May 18th, 2009
UK bingo halls have been affected by a double whammy of double taxation and a national smoking ban. When the national smoking ban was passed attendance at local bingo halls declined dramatically. Some halls reported a 60% decline in attendance. Many of these players switched to internet bingo and many internet bingo websites reported that [...]
Internet Gaming Bill Introduced in the US
Posted on May 13th, 2009
The global recession has created many winners and losers. In the UK online bingo has been a big winner during the ongoing recession. Not only in the internet bingo industry thriving in the UK, it is one of the few industries experiencing growth and creating new employment opportunities. Across the Atlantic internet bingo has not [...]
Could Internet Bingo Save the US Newspaper Industry?
Posted on May 11th, 2009
It is no secret that the US newspaper industry is in serious trouble. The internet has drastically changed the way people get their news and subscription rates have been falling. Several major US papers have filed for bankruptcy and are laying off employees. US newspapers are looking for a solution but billionaire publisher Mort Zuckerman [...]
Malta New Bingo Hotspot
Posted on May 10th, 2009
Internet bingo sites are licensed in many jurisdictions and to operate in the UK an internet bingo provider must be licensed in a jurisdiction approved by the UK. In the UK internet bingo regulations are a part of the Gambling Act of 2005. According to the Gambling act internet bingo sites fall under the sections [...]
Internet Bingo Expanding in Sweden
Posted on May 6th, 2009
Sweden, known for its fighter planes, safe cars, and thriving timber industry could be the next internet bingo capitol of northern Europe. Sweden is also known for exceptional education standards and 76% of the adult population is computer literate, one of the highest computer literacy rates in the world. The Swedish government is seen as [...]
UK Bingo Halls Facing Higher Taxes
Posted on May 4th, 2009
In the UK land based bingo halls have been troubled with declining attendance largely due to the national smoking ban. Double taxation has limited profits for many bingo halls. Recently the government scrapped the Value Added Tax (VAT) on bingo halls but then proceeded to raise the gambling tax from 15% to 22% effectively raising [...]
Internet Bingo Poised to Enter New Markets
Posted on May 2nd, 2009
In the past two years internet bingo has experienced astounding growth, especially in the UK. There are well over 200 internet bingo websites based in the UK and many of these sites are serving a growing international market. Despite onerous US online gambling laws which caused chaos in the internet bingo industry in 2006 internet [...]
