32Red new T&C's

Discussion in 'Casino Industry Buzz and Terms Alerts' started by jopaa, Dec 1, 2014.

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    jopaa

    jopaa Affiliate Guard Dog Member

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    Just received this email:

    CHANGES TO AFFILIATE TERMS AND CONDITIONS

    As part of the implementation of the UK Gambling (Licensing and Advertising) Act 2014 the UK government is now imposing a 15% tax on all of the gambling activities of UK based residents with effect from 1st December 2014. In line with this we have updated our clause 5.3(f) of our programme Terms and Conditions.

    This change to our programme T&Cs takes effect from 1st December 2014 and applies to all affiliates promoting 32Red products and brands.

    Should you have any questions on this, or wish to contact the 32Red Affiliate Team please emailaffiliates@32red.com .
     
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    bonustreak

    bonustreak Administrator Staff Member

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    TheGooner

    TheGooner Affiliate Guard Dog Member

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    slotplayer

    slotplayer Affiliate Guard Dog Member

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    no escaping taxes.
     
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    BettingMalta

    BettingMalta Affiliate Guard Dog Member

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    ...welcome in the regulated markets :(
     
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    edielaw1

    edielaw1 New Member

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    Is it true that Go Wild Uk players now are merged with 32Red?
     
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    CygX1

    CygX1 Affiliate Guard Dog Member

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    BettingMalta

    BettingMalta Affiliate Guard Dog Member

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    is there someone that confirm this?
     
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    CaseyM

    CaseyM Affiliate Guard Dog Member

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    edielaw1

    edielaw1 New Member

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    Bah I should read news more often... thanks
     
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    adnan

    adnan New Member

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    oh! 15% tax on gambeling activities! but what to do a tax is a tax and it must be paid :oops:
     
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    Guard Dog

    Guard Dog Guard Dog Staff Member

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    I think the bigger news is how programs deal with it. If they are taking those taxes from affiliates, then it is another fee that drops the revenue share. That's what people are concerned with. Programs have (lately) felt pretty safe taking 'network', 'admin', and now 'taxes' out of the affiliate's share. That is THEIR business cost. I don't send bills to my partners for the taxes I pay. :)

    Gambling taxes are typically paid by player and by casinos... how does this tax differ?
     
    AussieDave and adnan like this.
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    adnan

    adnan New Member

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    I totally agree with you. In-facts, I think not the casinos typically we the players are paying the tax.
     
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    AussieDave

    AussieDave 18 years & still going!

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    It doesn't!
    Operational costs are exactly that, a cost of doing business.

    It's as ludicrous as affiliates charging programs development, seo, hosting fees and also offsetting the taxes we pay.

    The difference here, programs/casinos hold the Aces, we don't. They have carte blanche to do as they please ;)
     

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