William Hill Opposes UK Plans

The United Kingdom’s got plans to change remote gambling industry laws, and William Hill has spoken out about this, expressing their opposition.

As one of the United Kingdom’s oldest bookmakers, William Hill entered into the online gambling industry in its early stages. The reason why William Hill opposes these new plans from the United Kingdom to change remote gambling industry laws is because they believe that these new law changes are going to drive away players onto online casino websites that are not regulated.

William Hill feels so strongly about this that they’ve even hired representation from Deloitte to fight on their behalf. One spokesperson compared this asking the government if they should introduce a policy which distorts markets.

Worth an estimated $1.7 billion, the gambling market is huge. The Treasury is reviewing things, and will finish their review soon. What this means is that the Treasury could also be approving some of the proposed law changes that could mean a bigger tax take for the United Kingdom.

There’s a real possibility that because of new tax law changes, legitimate gambling firms will pull out of the United Kingdom’s market. As a result of this, many online gamblers will likely gamble offshore, on illegal websites.