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Note that the 'UK gambling industry' is rarely based in the UK and does not operate under UK rules. Zynga's site is based in Gibraltar and operates under that c
by joosters 14y ago
Note that the 'UK gambling industry' is rarely based in the UK and does not operate under UK rules. Zynga's site is based in Gibraltar and operates under that country's much more flexible/less customer-friendly gaming laws. The only UK thing about the casino is that they are targetting UK users.
- sksksk 14y agoGibraltar is part of the UK and it's under the same laws for the purposes of gambling. Gambling companies operate out of Gibraltar for tax reasons. http://en.wikipedia.org/wiki/Gambling_Act_2005 http://en.wikipedia.org/wiki/Gambling_Act_2005
- joosters 14y agoNot true. Gibraltar companies operate under different conditions. For example, following a big gamble, UK bookmakers paid out but their Gibraltar-based counterpart did not: http://www.racingpost.com/news/horse-racing/barney-curley-betfred-refuse-to-pay-out-online-bets-in-curley-coup/867191/ http://www.racingpost.com/news/horse-racing/barney-curley-be... It took legal action to get them to eventually pay out; the circumstances were murky and did not reflect well on the Gibraltar authorities. This is why I said they weren't customer friendly! http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/9094487/Betfred-finally-pays-out-4m-to-Newmarket-trainer-Barney-Curley-coup.html http://www.telegraph.co.uk/finance/newsbysector/retailandcon...