Sportingbet Moving to Alderney, Channel Islands

Online gambling outfit Sportingbet is said to be transferring its licensable activities to Alderney in the Channel Islands, due to uncertainty surrounding the precise operational requirements of the 2005 UK Gambling Act.

The group, which earlier this month confirmed it had received a preliminary bid approach, said the transfer and the move of its customer service function to Dublin are expected to result in an exceptional cost of around £13.5m in the year to 31st July 2007.

The move is likely to include the company’s European management team, and the European trading and marketing operations.

Sportingbet already holds a license in Alderney, and will be moving its licensable activities from the UK prior to 1st September this year.

Many remote gambling operators have been looking elsewhere to obtain their licenses, since the announcement by the UK of a vastly higher than expected tax of 15%. Alderney may become the biggest beneficiary of the UK’s actions.

Leave a Reply

You must be logged in to post a comment.

This Domain is for sale. Please contact us for more information.

Top Poker Sites

bet365 Poker

bet365 Poker
bet365 is one of the world’s largest online gambling groups with over 3 million customers worldwide....

Play Now

Poker Plex 24

Poker Plex 24
As part of the award winning iPoker network, PokerPlex24 is able to provide over $16 million in guaranteed tournaments every month...

Play Now

888 Poker

888 Poker
All new players get $8 FREE - No deposit necessary! ...

Play Now

Titan Poker

Titan Poker
Titan Poker is a top poker room in the iPoker network, and has a great international feel...

Play Now

Cool Hand Poker

Cool Hand Poker
Cool Hand Poker is the site to visit if you want to play a relaxed and enjoyable game of poker...

Play Now

Full Tilt Poker

Full Tilt Poker
Full Tilt Poker is still open to US players and one of the few authentic poker rooms out there...

Play Now

Party Poker

Party Poker
Party Poker opened in 2001 and is credited by many as playing a large role in the creation of the online poker boom...

Play Now