The British territory of Gibraltar has announced that it will be drastically inflating its taxes on all online gambling firms starting in January, a decision that could prove costly for several online poker sites.

Online gambling companies are currently paying just a 1% tax in Gibraltar, with a ceiling of £425,000, but starting next month, …

Source:
http://www.red20.net/?pg=gibraltar-raises-taxes-on-online-gambling-companies

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