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William Hill departing from UK
 August 4, 2009, 8:53 am (2 years ago)William Hill is planning to shift its operations from the UK to Gibralter, starting a possible departure of online casinos based in the UK. Making the use of existing British regulation, the online gambling sites are going to pay only a part of the tax they now gain once they are launched abroad.
The UK government is previously getting ready to examine the differences in the existing tax arrangement, but it might be running out of time. The transfer of registration by Hill is directing Ladbrokes and other rivals in the online casino business to follow, incapable of carrying on such a inconvenience.
William Hill has finished transfer of its online section into a partnership with Playtech, which is based in Gibralter. Taxes there are anticipated to run just 10 % as what Hill was paying in the UK.
"Our favored position is to stay in the UK but we have to stay prepared to competitive developments," a Ladbrokes spokesman told the Daily Mail. Ladbrokes has stated it is going to depart from the UK if Hill does.
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