After many speculations, the UK announced its new gambling regulations concerning online gambling practiced by foreign casino operators. Hearing the multiple complaints advanced by the casino operators based in the United Kingdom, the Department of Sports, Media and Culture decided that they were being unfairly taxed when compared to their foreign competitors. This had incidentally led many large gambling houses to shift their bases out of the country because of the heavy duties they were being made to pay. In contrast, the companies which had become part of online gambling jurisdictions had to pay far less in tax. In spite of this, they had the freedom to advertise their websites through UK online gaming sites and were collecting revenues from local UK players.
This loss of revenue worried the UK government, and acting on the complaints put forward by the local operators introduced new licensing rules. According to the new regulations, the foreign online casinos could continue to stay and operate from the UK but must acquire a secondary license, this time from UK Gambling Commission. The new rule makes all online operators from foreign shores subject to the same rules as applicable to those based in the UK. In addition, they would have the obligation to report any illegal betting practices to the Gambling Commission in an effort to stop corruption in betting. So, this makes it compulsory for those operators who had shifted to the places like the Isle of Man to obtain their licenses in the UK as well. Although obtaining this license will never be a challenge, this move expects to curtail the advantages such operators were hitherto enjoying compared to their UK counterparts. With this announcement, there are expected to be changes in the new tax structure for online gambling in the United Kingdom and new licensing fees too.
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Those gambling enthusiasts who are fans of blackjack can now enjoy new blackjack bonuses at Silver Oak Casino websites. This means that the higher their deposit amount, the more bonuses they will be entitled to. The first bonus caters to those players who happen to be medium to low rollers and the amount ranges from $50 to $500. Here the players can get a cent percent bonus so that the total bonus amount goes up to 121 percent.
The next type of bonus is for the higher category rollers where deposits are $501 to $1000. These players can enjoy an extra 120 percent match bonus along with the 21 percent promo offer which means that their online blackjack bonus is 141 percent. For those depositing more than $1000, they will get a 140 percent bonus, the special promo offer so that their total bonus is a whopping 161 percent. For becoming eligible for such bonuses, players must have made an earlier deposit at this casino. Moreover, players must bear in mind that similar to other online casinos, there are certain wagering criteria that need to be fulfilled prior to getting this win money.
In blackjack bonuses, this minimum requirement is that the bonus must be wagered through 60 times.