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These venues are still being constructed. 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.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....

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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.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 thcom used its own coverage of this award to report that the Cashpoint brand from German gaming machines giant Gauselmann Group as well as the domain at Tipwin....

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