| RGA Supports New UK Tax and Licensing Plans |
| Written by Mark Bennett |
| Thursday, 14 July 2011 15:04 |
|
The Remote Gaming Association, a trade body set up in 2005 to represent the interests of online gambling operators, has reacted to today’s government announcement suggesting it would be supportive of the UK plan to implement a secondary licensing and new tax system. The RGA's chief executive, Clive Hawkswood, commented: "Now that the Government has confirmed its intentions, we intend to play a constructive part in the process to ensure that the new regulatory and tax regime will provide an environment where Government objectives can be achieved; where the industry can succeed commercially in the global online gambling market; and where the interests of consumers continue to be properly safeguarded. "The main players in the UK online gambling market are predominantly based offshore, but they already adhere to high regulatory standards which are comparable to those in Britain. Regulation by the Gambling Commission therefore holds no fears for our members, but a significantly higher tax burden that could lead to a reduction in value and choice for consumers certainly does. "It is therefore clearly crucial that any new regulatory regime is complemented by a fair and sustainable fiscal regime. We look forward to working with DCMS, HM Treasury, and the Gambling Commission to ensure that all of these issues can be successfully addressed.' About the RGA The Remote Gambling Association became operational on 1st August 2005 as a result of a merger between the Association of Remote Gambling Operators (ARGO) and the Interactive Gaming, Gambling and Betting Association (IGGBA). The RGA represents 30 of the worlds largest licensed, and stock market-listed remote gambling companies and provides the industry with a single voice on all the issues of importance to regulators, legislators, and key decision makers around the world.
|






