Pubs in line for fruit machine tax windfall
Pubs could hit the jackpot after a court ruling paved the way for huge rebates in overpaid VAT on games machines. At a High Court case earlier this month bingo hall owner Rank Group won a case that could see it land £26m.
Related Bingo News:
- New fruit machine jackpots ‘will feed gambling addiction,’ warn experts
- Fruit machines prizes can double after gambling reform
- Pubs and clubs hit pokie profit jackpot
- Fruit machines top teen gambling addictions
- Gambling addiction ‘to soar’ as ministers relax rules and double prizes of pub slot machines
- Pubs urged to help gambling addicts beat their addiction
- ‘Gaming den’ warning as pubs are given go ahead to hold poker games
- Late plunge equals ’sure win’ bet
- COFFEE BREAK CORNER: QUICK QUIZ
- Oils, pubs and hotels push market higher, while ScottishPower skids
- Britain easing up on card gambling in pubs
- Scottish smoking ban hits pubs
Casino gambling facts:
- French mathematician Blaise Pascale is often credited with inventing the roulette wheel as a result of his experiments with perpetual motion machines.
- In 1911 US legislation prohibited stud poker but ruled that draw poker was a game of skill and therefore was not illegal.
- In 1978, New Jersey became the second state to legalize casino gambling in an attempt to revitalize the rundown resort area of Atlantic City. The legalization was restricted only to Atlantic City.
- Legal gambling activities include state lotteries; parimutuel betting on horses, greyhounds, and jai-alai; sports book-making; card games; keno; bingo; slot machines; progressive slot machines; video poker machines; video keno machines; video blackjack machines; and video roulette machines.
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