According to papers released under the Freedom of Information Act and seen by the Sunday Times, the Department for Culture, Media and Sport said that Britain should become a world leader in the field of online gambling, in order to provide its gamblers with a safe and well-regulated environment.
Over the past two years, ministers and officials at the department have met representatives of the online gambling industry on 26 occasions. The DCMS has also been lobbying the Treasury to introduce a favorable tax regime for the online betting and gaming industry.
One of the papers said that in order to attract betting firms, “The industry needs clarity on taxation issues, as this is a crucial factor shaping investment and location decisions, especially for remote operators.”
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