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Read a statement from Segev…“The award of these licences is great news for GVC Holdings, bringing the clarity and certainty that we have long sought for sportsbetting in Germany. The supplier is now offering its collection of popular content via the operator’s online casino PlayLive!. 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 currency....
Gardner reportedly proclaimed…“The Philippines has historically been a jurisdiction chosen by Asia-facing operators but following the recent negative press surrounding POGO and more recently thAccording 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.Further frustration:Alex Gardner from Affinislots of vegas web player yicjty 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....
The source detailed that the Tolerance Policy directives are to additionally limit local play to those over the age of 21 and prohibit such punters from losing more than 20% of their maximum spend.2 million).Prominent professional services firm Affinity Group Limited has reportedly revealed that it has recently seen a spike in the number of Asia-facing iGaming providers expressing an interest in relocating from the Philippines to the Isle of Man....
