Applicants must have their “principal establishment” in the European Union or in a “state appointed by the Minister of Justice as guaranteeing an adequate level of protection of the interests that the Betting and Gaming Act aims to serve.”
A two tier tax system is suggested with a top rate of 29% for land based providers and 20% for internet operators. There will also be mandatory charitable donations.
Industry consultation and responses will start immediately and are due to end on 21 July 2013. Pokerfuse will publish a full examination of the proposals shortly.