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According to a report from Inside Asian Gaming, the Isle of Man-based company detailed that the rise comes after the government of President Rodrigo Duterte passed legislation last month that is to more than double the domestic tax rate for online gambling operators holding a Philippine Offshore Gaming Operator (POGO) license. The source explained that such firms will now be obliged to pay a 5% tax on turnover rather than the previous 2% duty on revenues with state-determined exchange rates utilized to calculate the local equivalent of any amount owed in a foreign online casino progrebive slots ngptcurrency.Further frustration:Alex Gardner from Affinity Group Limited reportedly declared that only 32 of the 60 iGaming firms holding a POGO license have so far been allowed to revive operations post-lockdown although under the confines of a highly controversial directive that has imposed a 30% capacity limit on employees in their Philippines offices....

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”PlayLive! VP of Marketing, Brian Uran, commented as well, stating that since NetEnt was one of the first suppliers to go live in the state of Pennsylvania, the company’s portfolio is a must in order to compete in the online sector. Instead of using the funds, the casinos and other businesses have made what is known as ‘in-kind’ contributions. Direct mail campaigns were created along with online, radio, and TV ads....

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Lawmakers in the state have decided to allow a broad question about the activity on the ballot this fall, asking if they agree with legalizing the option. FanDuel and DraftKings are two companies that would offer services in the state if the option is approved this fall. A total of ,300 was provided to Fund Our Future from the Maryland Jockey Club, the Hollywood Casino Perryville, Horseshoe Casino Baltimore, and the Maryland Live! Casino....

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FanDuel and DraftKings are two companies that would offer services in the state if the option is approved this fall.75 million put into the Vote Yes on Question 2 group’s account, around 6,000 remains unused.”PlayLive! VP of Marketing, Brian Uran, commented as well, stating that since NetEnt was one of the first suppliers to go live in the state of Pennsylvania, the company’s portfolio is a must in order to compete in the online sector....

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FanDuel and DraftKings are two companies that would offer services in the state if the option is approved this fall.As Maryland voters will decide this fall whether or not to approve sports betting in the state, gambling companies are spending big bucks to try and persuade residents to select yes on the ballot. The diversity of our table games and casino portfolio offers something for everyone, helping the operator to cross-sell to its existing land-based player base and attract new audiences....

 

 

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