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The Remote Gambling Bill, intended to open up the Dutch gambling market to foreign remote gambling firms, would impose a 29 percent tax on gross gaming revenue, the same rate already imposed on land-based gambling operators. Under a previous version of the bill, the online gambling tax was set...
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MGM Resorts International’s purchase of Boyd Gaming Corp’s 50 percent stake in Atlantic City’s Borgata Hotel Casino and Spa has received regulatory approval in New Jersey, reports the Associated Press (AP). MGM Resorts had been effectively forced to give up control of its then 50-percent interest in the Borgata,...
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The UK Advertising Standards Authority (ASA) has issued a warning to operator Marathonbet concerning a misleading promotion, which failed to make clear that a portion of customer’s winnings would be paid out in free bets. The promotional text stated: “New customer offer… 2/1 Willie Mullins top trainer”, while smaller...
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Nick Rust, Chief Executive of the British Horseracing Authority (BHA), has written to the Competition and Markets Authority (CMA) to outline the governing body’s fears for the horseracing industry with regards to the proposed Ladbrokes Coral merger. The CMA began investigating the planned merger in December and announced in...
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A polícia de Hong Kong confiscou mais de 400 milhões de dólares em apostas ilegais de futebol numa série de rusgas horas antes da meia-final do Euro 2016 entre o País de Gales e Portugal – mais do triplo do montante apreendido durante todo o torneio de 2012. Dezanove...
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The lower chamber of the Dutch parliament today passed a bill that is set to regulate online gambling in the country for the first time. Passage through the Dutch Senate is expected to be a formality, and it is widely anticipated that a regulatory framework for online gambling will...
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On July 1, Belgium’s House of Representatives passed legislation to remove the broad-based value-added tax exemption on the gambling sector. Under the change, all gambling and games of chance that take place online will in future be subject to VAT. However, lotteries and land-based gambling will remain VAT-exempt. According...
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As we in the United States have been focusing our attention on the legislative roller coasters in Pennsylvania and California and those states’ efforts to legalize and regulate online gambling, a new internet gaming law in the Czech Republic has flown a bit under the radar. About a month...
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The Gibraltar Minister of Financial Services and Gaming has sought to play down fears over the impact that the UK’s departure from the European Union could have on operators based in the region, saying that it is “business as usual”. The UK’s vote to leave the European Union in...
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The Philippine Amusement and Gaming Corporation (Pagcor), the Philippine gaming regulator, is temporarily halting the processing and issuance of all online gambling license applications. The move follows comments made last week by the new President of the Philippines, Rodrigo Duterte, who pledged to crackdown on online gambling in his...
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The UK gambling industry (excluding Northern Ireland), has been given a boost following the fears of what June’s Brexit vote may cause, after some encouraging statistics were published by the Gambling Commission (GC). Dates were adjusted for the latest accounting period, with results being shown for October 2014 to...
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A plan for a new tourism and entertainment area in Barcelona, Spain is moving ahead after a revamp that cut its projected gaming area to a seventh of the original size, it was announced last week. Two Asian casino groups – Melco group and Genting group – are reportedly involved in...
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Macau-based casino services firm Macau Legend Development Ltd is to announce later this week a new investment project in Portugal, reports Rádio Macau. The investment includes what the media outlet described as an “integrated resort” with hotel, residential and retail facilities, and a marina. It is to be located in...
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Astonishing acts of self-mutilation afflicting both the Government and Opposition have so dominated the news that serious damage being done to society as a whole has been all but ignored. Thus the latest details of the sums sucked out of the pockets of Britons by the gambling industry slipped...
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Real Madrid, FC Barcelona and five other Spanish football clubs must repay tens of millions of euros in illegal state subsidies, after the EU executive found they had received unfair financial aid from their government. Real Madrid, the world’s top-earning football club, will have to repay €18.4m (£15.4m), after...