William Hill to move to Europe
UK gambling company William Hill is transferring its online operations from the Dutch Antilles to Gibraltar and Malta.
William Hill, one of Europe’s largest gambling companies, will transfer its online operations from the Dutch Antilles in the Caribbean to the European tax havens of Gibraltar and Malta.
Upon the introduction of the new Gambling Act 2005, which will become law on September 1, only gambling companies based in the European Economic Area (EEA) or are placed on a Government White List will be able to advertise in the UK. A White List contains jurisdictions that have proved they operate thoroughly regulated licences – currently only Alderney and the Isle of Man are the only non-EEA jurisdictions on the list.
William Hill believes the move will help it conduct 'business as usual'.
From today, William Hill customers will see new terms and conditions which they will need to sign up to again before they can continue betting.
William Hill will join fellow gambling giants Ladbrokes, 888.com and 32Red.com in Gibraltar.
Editor, Jackpot.co.uk - 2007-08-22 11:32:11