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What are they Doing?

The UK double taxation policy on the land bingo gaming industry may be in its twilight stages now that the issue has gained some pretty strong political support. There are now several initiatives in place to make the British government abolish the particular legislation that allows the land bingo industry to be the only one with double taxation of revenues. The double taxation has been in place for two years now and the bingo parlors are increasingly crying out that they are not only losing gamers to the online casino bingo industry but they are unable to operate at any sort of profit with the current taxes in place.

There is a need for immediate reform of these laws that are allowing double taxation to occur. According to the figures 2007 saw the closure of 37 bingo halls across the UK because the operators were losing business to the online casino bingo gambling venues which can offer better promotions because they only pay one tax. With the support of the Scottish National Party the bingo industry is very hopeful that this will lead to a faster reformation. The campaign in Britain is going strong and though the online casinos and bingo sites are benefiting from the closure of land bingo parlors, there is still an immense amount of support from the internet gaming industry as well.

There is no indication though that all of the more aggressive campaigning taking place will actually have any affect on making the British parliament change the taxation structure on land bingo venues. The Treasury is not very sympathetic to the cause and there is speculation that the online casino bingo industry will be all that remains in the UK within the next year or two if the double taxation remains in effect.