Tag Archives: gibraltar

Boylesports remains “100% committed” to Dundalk HQ

SBC News Boylesports remains "100% committed" to Dundalk HQ

John Boyle, Founder of Independent bookmaker Boylesports, has stated to the Irish Independent newspaper that only a handful of its staff would be affected by the decision to migrate its igaming operations to Gibraltar. Boyle further stated that Boylesports was fully committed to maintaining its Dundalk headquarters. The company currently operates 197 retail betting stores in Ireland. In November Boyle …

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Betclic Everest closes Gibraltar operations ahead of Malta merger

SBC News Betclic Everest closes Gibraltar operations ahead of Malta merger

Following its July corporate strategy review French sports betting operator Betclic Everest will close its Gibraltar operations and relocate business functions to its Malta based operational centre. The sports betting operator ran Betclic sports trading and administrative operations from Gibraltar. It was strongly presumed that the operator would close its Gibraltar operations, in favour of merging its business operations with …

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Paul Leyland: continuous tax challenges may not be wise

SBC News Paul Leyland: continuous tax challenges may not be wise

Paul Leyland, Principle Consultant at Regulus Partners, takes a look at the news that there is to be another attempt at a Judicial Review on the UK’s Point of Consumption regime and asks whether it is altogether wise. The Gibraltar Betting and Gaming Association, having failed to overturn the UK remote Gambling (Licensing and Advertising) Act, is now attempting a …

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GBGA would like to see EU legal framework for online gambling

SBC News GBGA would like to see EU legal framework for online gambling

The Gibraltar Betting & Gaming Association (GBGA) has called for an EU framework for online gambling legislation after its appeal against the UK’s point of consumption licensing was dismissed by the courts. In a statement after Friday’s judgment, the GBGA said: “We remain concerned the UK regulator will find it difficult to hold companies to account in jurisdictions outside of …

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European Commission to extend Gibraltar corporate tax probe

SBC News European Commission to extend Gibraltar corporate tax probe

Gibraltar’s tax rulings and frameworks are to be further examined by the European Commission (EC), as European Union (EU) member states, notably Spain have complained about Gibraltar corporate tax regime favouring certain Gibraltar registered companies, who may have received illicit state aid. The EC will investigate Gibraltar’s corporate tax regime, focusing on its corporate tax exemption policies, in particular those …

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Stan James refutes sale speculation

SBC News Stan James refutes sale speculation

Online bookmaker Stan James has denied reports that its Gibraltar operation is about to be sold off. Chief executive Denis Kelly told the Racing Post that there was no for sale sign outside the door, but that a bid at the right price would be considered. The imminent introduction of the point of consumption tax in the UK has seen …

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Point of Consumption legal challenge to be heard next week

The Judicial Review into the Point of Consumption licensing regime due to be implemented in the UK on 1 October will have a full hearing next week. The application for a review has come from the Gibraltar Betting and Gaming Association (GBGA) which has objected to the measures in the Gambling (Licensing and Advertising) Act 2014 and associated Gambling Commission …

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Gibraltar – Stan James sale imminent

SBC News Gibraltar - Stan James sale imminent

Gibraltar news sources stated that Stan James’ corporate management have held talks with a number of rivals over a sale of its betting and gaming assets. The news sources did not identify the biding parties involved, however a deal for the operator is now said to be imminent, with a Malta licensed operator  said to be close to finalising an …

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BetClic Everest to review Gibraltar operations

SBC News BetClic Everest to review Gibraltar operations

Senior management of French igaming and sports betting operator – BetClic Everest Group are set to undertake a review of it Gibraltar based igaming operations. The operator is set to review its current group operational logistics, with a view to optimise its corporate framework and organisational structure. Currently BetClic Everest Gibraltar operations manage the groups sport trading and administrative functions. …

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