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Serious sanctions:This new franchise tax is to be ajoker casino poker chips cnmcpplied to the higher of either a local iGaming operator’s monthly gross turnover or a pre-arranged revenue minimum.According to a report from Inside Asian Gaming, the new Bayanihan to Recover as One Act is to require iGaming firms possessing a Philippine Offshore Gaming Operator (POGO) license to pay a 5% tax on turnover rather than revenues with an official exchange rate utilized to calculate the local equivalent of any amount owed in foreign currencies.However, it will be interesting to see how it all plays out in light of the pandemic, which, since mid-March, has put most sports in the U....
Meanwhile, research recently released by the American Gaming Association (AGA) found that more than 33 million American adults plan to wager on the 2020-21 NFL season, with a greater number of bettors intending to place NFL wagers at both online sportsbooks and brick-and-mortar gaming venues than in 2019.The Madrid-headquartered firm used an official Monday press release published by European Gaming Media and Events to declare that the new alliance will ‘expand its content catalog’ by allowing its advanced platform to increase what it is able to offer iGamin4 billion shortfall in the Asian nation’s coronavirus relief fund and moreover lays out penalties that could eventually see non-compliant firms unceremoniously stripped of their POGO licenses....
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