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The highly anticipated 2020 Battle of Malta live event was originally scheduled for October but was postponed due to the ongoing COVID-19 pandemic. Macau’s government [should simultaneously] establish official standards and regulations on interactive gaming and develop interactive gaming software in order to increase revenues from gaming tax and further develop gaming industries in Macau. Although such entertainment will be exempt from existing gaming duties and taxes, organizers will purportedly also be compelled to return 58% of any stakes and pay a 12% turnover tax....
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The source detailed that legislators decided to take this step so as to stimulate gaming activities and their resultant tax revenues in the wake of the coronavirus pandemic. Most of these venues purportedly remain closed with only select few in the city Medellin having so far re-opened following criticism from the industry and the submission of a petition said to have featured some 17,000 signatures.Director of Live Events & Sponsorships for GGPoker, John Scanlon, commented about the 21-day event, saying…“I’m genuinely excited to announcasino games demo geboce that the Battle of Malta 2020 will be hosted at GGPoker....
