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According to a report from the news domain at iGamingBusiness.Coutinho reportedly proclaimed…“It is suggested that Macau should introduce interactive gaming.The 2019 iteration of the event, which t...
The source furthermore detailed that the recent coronavirus-provoked slump in gaming taxes has even led to the emergence of rumors that the city may be about to launch an inaugural lottery similar to the Mark Six service already offered to punters in nearby Hong Kong.The gambling regulator for the South American nation of Colombia has reportedly published measures that are to regulate the temporary legalization of online scratchcard and bingo games.The gambling regulator for the South American nation of Colombia has reportedly published measures that are to regulate the temporary legalization of online scratchcard and bingo games....
Closed market:Inside Asian Gaming reported that almost all iGaming is currently prohibited in Macau with the sole exception of a few soccer and basketball-themed sportsbetting games operated by Macau Slot Company Limited. 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. This levy provided around 90% of the city’s total income last year although local casinos recently experienced five consecutive months of coronavirus-induced downturns in which their aggregated takings fell by at least 90% year-on-year....
Closed market:Inside Asian Gaming reported that almost all iGaming is currently prohibited in Macau with the sole exception of a few soccer and basketball-themed sportsbetting games operated by Macau Slot Company Limited. This levy provided around 90% of the city’s total income last year although local casinos recently experienced five consecutive months of coronavirus-induced downturns in which their aggregated takings fell by at least 90% year-on-year. 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....
”Scrutiny obligation:Coutinho’s plea reportedly comes approximately four months after the enclave’s Gaming Inspection and Coordination Buno deposit bonus grande vegas casino gjjxreau regulator declared that it was prepared to ‘listen to any suggestions that would help the development of the industry’ but would be required to ‘carefully study’ any moves towards legalizing online gambling. 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.Lenient levy:The news domain reported that bingo operators offering their contests online are to now be additionally obliged to ‘take measures to restore the game to its last known state’ should a video stream be temporarily interrupted or offer complete refunds if this is not possible....
