Implementation of UK Gambling Act Delayed

uk-gambling-commission-75x48The UK Gambling Act of 2014 has to wait another month before it is implemented because of the legal challenge of the Gibraltar Betting and Gaming Association. According to the new Gambling Act, all offshore sites where users can place online bets will have to hold a UK gambling license and pay 15% taxes. The law is threatening countries, such as Gibraltar, to lose an enormous number of sites under its jurisdiction; as a result, Gibraltar challenged the law hoping it will be overturned. This move postponed the initial plans of the UK Gambling Commission which had announced that the law would not come into force until 1 November 2014.

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