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’Guelli’s statement read…“Our enhanced agreement with DraftKings Incorporated provides innovative opportunities as we look to deliver a best-in-class fan experience.The four-member Virginia Lottery Board has reportedly approved a final series of regulations that could see the historic southern state launch legalized online sportsbetting as soon as early next year.”...
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In the Philippines and President Rodrigo Duterte (pictured) has reportedly signed a piece of legislation into law that has been designed to more than double the amount of tax collected from domestic holders of an offshore gaming license.According to a Tuesday report from local television broadcaster WWBT-TV, the governor-appointed panel authorized the jurisdiction’s first-ever rules on sportsbetting yesterday after responding to feedback from several prominent operators and is now hopeful of being able to kick off the required licensing process from sometime next month.Serious sanctions:This new franchise tax is to be applied to the higher of either a local iGaming operator’s monthly gross turnover or a pre-arranged revenue minimum....
Legislative license:Both houses of the Virginia General Assembly comfortably passed legislation to legalize sportsbetting earlier this year before reportedly tasking the Virginia Lottery Board with formulating a detailed set of rules to regulate how the growing industry is to be operated. The source detailed that the revised structure has been designed to bring in more cash so as to help fill an estimated . The source detailed that the revised structure has been designed to bring in more cash so as to help fill an estimated ....
