Europe

UK Blocks Unlicensed iGaming Operators From Finance Market

MasterCard, Visa and PayPal all reportedly voluntarily have agreed to block payments to non-UK-licensed gambling operators in anticipation of proposed changes to a UK gambling bill that would set an online gambling tax.

Reports indicate that the proposed Gaming Duty rate of 15% would lead people to use non-UK licensed sites.

The UK is not the only country wanting to amend its gambling laws. The Netherland also is doing so.

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