UKGA Licensing and Advertising Bill Claims First Victim
Mansion Poker, in an email sent to all its registered UK players, announced its official withdrawal from the UK Market beginning on the 15th of September and anybody who still had money left in their playing accounts was urged to cash out immediately.
The new legislation, which will not only enforce a new tax bill on foreign operators, but require that any firm that wishes to promote their services and accept wagers from within the United Kingdom, apply for a new license, one that may render any current license issued by another regulator redundant.
Under the duress of such legislations, many an online casino and online poker operator, especially the ones that feel their UK player base isn’t large enough, have decided to cease operations within the country. However, some believe their actions may be premature as the Gibraltar Betting and Gaming Association has filed a legal challenge of the new laws. But, there are those that believe the court case won’t have any effect and have decided to pull out of the market believing the new gaming tax regime to be too restrictive.
Mansion Poker, a company belonging to the Gibraltar licensed Mansion.com group, is the first to pull out of the market. They released the news via an email to their patrons which read:
“Due to changing regulations regarding online gaming in the United Kingdom, we must inform you that Mansion Poker is required to close its doors to UK players on September 15th, 2014. As a result, we kindly request that you withdraw any and all funds you have in your Mansion Poker account”.
The email went on to recommend that its players use Titanbet Poker and offered them a bonus to open an account with Titanbet as well as a promise to match the points and VIP level from Mansion Poker so the players could carry on, virtually where they left off.
The Mansion Group, who own Mansion Casino as well as Casino.com may use this opportunity to remove their other brands from the United Kingdom and as Mansion Poker was the first, a wave of expected exits is set to commence.
The Gibraltar Betting and Gaming Commission may have filed a legal challenge against the new laws, but for many, the decision of Mansion, one of the company’s represented by the GBGC, may show that the challenge to the new laws is one that is unlikely to succeed.
Get Your Best Bonus Here