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Post Comment. Customers have the choice to play electronically from automated wheels in Stratford if they wish. Customers sitting at the electronic machines in London then have three options: to bet on roulette tables in Nottingham or Northampton, or a fully automated wheel with no dealer involvement sited within the London casino. As part of the deal that saw Newham council give the go-ahead to Aspers to operate its east London casino deal, the two parties put in place a revenue sharing agreement. We have established that it is possible for casino companies to shift income — and as a consequence gaming duty liabilities — from highly popular venues in London to less lucrative operations hundreds of miles away. But it books revenues and so pays gaming duty arising where bets are placed, a company spokeswoman said. Got a Story? This is because as some councils receive a percentage of local casino revenues in return for giving them a licence to operate. Casino gaming yields from electronic machines have increased considerably over the years. Genting, another operator with more than 40 casinos in the UK, also beams images of a live wheel from one casino to another. He was unaware that casinos have started beaming revenues to venues outside London. Caesars Entertainment, which runs eight gambling venues in the UK including the Playboy Club in London, said it does not transmit live feeds of roulette from one casino to another. It has never taken part in any deliberate scheme or strategy to avoid gaming duties. Send via Email. Aspers confirmed the revenues from those feeds are booked in Newcastle. Savings, the document stated, could increase once their machines were upgraded. Share on Twitter. Rank has in the past year started trialling this in three London casinos and two outside the capital. Aspers strenuously denies that Newham may have lost out. Rank is intending to extend the beaming of live feeds from one casino to another to a total of 15 casinos — many of them outside London. Casino visits When the Bureau visited a central London Grosvenor casino owned by Rank, fixed to the wall in the machine gaming area were large screens showing spinning wheels clearly labelled Northampton and Nottingham. So even though punters place bets in London, it is casinos in cities around the country that book the gambling revenues. Published May 11 By Nick Mathiason. The Gambling Commission does not keep data about which machine games are the most popular but casino industry insiders suggest roulette dominates this class of casino gaming. Share on Facebook. Jamson Trough Mar 21st, Your comment. Your reply to Eric. Eastenders As part of the deal that saw Newham council give the go-ahead to Aspers to operate its east London casino deal, the two parties put in place a revenue sharing agreement. The Stratford Casino, Aspers said, has exceeded agreed targets in the revenues it has delivered to Newham in each year of its agreement with the council. When the Bureau visited a central London Grosvenor casino owned by Rank, fixed to the wall in the machine gaming area were large screens showing spinning wheels clearly labelled Northampton and Nottingham. The Bureau contacted a Treasury official responsible for the gambling industry. We have arranged to meet with Aspers to discuss this in the near future. The flexibility of gaming duty rules means local authorities could also be missing out on revenue from casinos. Your Email. Your Name. Comments Alberto May 28th, Reply Reported. Gaming duty is a tax levied by the Treasury specifically on all casino gambling revenues — known as gross gaming yield. Aspers UK casino business is ultimately owned by two shareholders. The company, according to the document we have seen, believed it could achieve millions in tax savings once it extended the practice to its other casinos. Rank Group and Aspers acknowledge there is an indirect and marginal tax benefit arising from the live feed arrangement. As Aspers now books some revenues in Newcastle, Newham council could be missing out. In giving customers at least three choices, Rank has the potential of sharing profits among three separate casinos around the country. Revenues have increased annually. The official said they have not received communication from the HMRC compliance team concerning this issue. More From Corporate Watch.{/INSERTKEYS}{/PARAGRAPH} There is no suggestion that either Rank or Aspers has acted unlawfully. Share the URL. But then, they said, a change was made. Any marginal and indirect tax benefit is incidental to the introduction of the live wheels to increase customer choice and satisfaction. The arrangement involves beaming live video feeds of actual roulette wheels spinning in casinos outside the capital to electronic slot machines at which punters sit and place bets in London. {PARAGRAPH}{INSERTKEYS}By Nick Mathiason. Leave this field blank. In a society of integrity, gambling of all sorts, from card games to stock developments, should first be forbidden andthen overcome through education, eventually. Decent people work hard for their money, and the future should belong to decent people, NOT to the lazy, the deceitful and the corrupt. In this way revenues can be booked away from London with the effect of avoiding higher rates of Treasury gaming duty.