Bookmakers in the News
The UK is well known for their bookmaking shops on nearly every corner, but recent legislation may make it hard for those bookmakers to operate. New taxation may be a redirection from lowering tax requirements for UK operations that focus on online gambling operations. This potential change in the taxation of bookmaking businesses may drive the smaller bookmakers out of business.
Is preferential treatment being given to the larger, online gambling companies? Absolutely, as those companies produce more jobs. Some are concerned that a piece of UK history is slowly being phased out and that might very well be the case. More bookmakers have closed in 2011 than in the past ten years combined.
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The same services that brick bookmaker operations offer can now be found at online bookmakers. One of the largest online bookmaking companies is Ladbrokes and they have been seeing a decline in their business at the brick bookmaker aspect of their business.