The new budget has hit the floor.
Casinos now have a betting chance.
Land based and internet casinos are being given the opportunity to compete on the internet without having one hand tied behind their backs. The budget details a new tax structure for casinos and bookmakers. To compete on the internet UK casinos and bookmakers were establishing offshore operations in almost any tax haven they could find. The need to be able to operate in the international market was the primary reason for relocating. The internet has no borders, the old law was costing the UK tax pounds.