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Spain Moves Tax Goalposts For E-Gaming Firms 5/27/2012 The Spanish tax authority has required that online operators with customers in Spain pay back-taxes under two historic laws that previously were not applied to offshore online gaming.
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Bermuda To Hold Referendum On Gambling 5/22/2012 The government of Bermuda has announced that the territory will soon hold a referendum to decide whether to move ahead with proposals to allow taxed gambling in the island, to open up new opportunities for international investors, boost employment, and increase the territory's appeal to tourists.
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Alderney Licenses International Charity Lottery 5/18/2012 The Alderney Gambling Control Commission has announced that it has provided
a license to the first international charity lottery to operate from the specialist e-gaming territory, situated in the English channel.
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IoM E-Gaming Sector Recognised 5/15/2012 E-Gaming companies resident in the Isle of Man scooped multiple awards
at the eGaming Review Business to Business Awards, having been nominated for eighteen accolades.
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Gibraltar Promotes E-Gaming Specialism In US 5/9/2012 The Gibraltar government has sought to improve relations and expand on business
opportunities with United States regulators, operators and businesses, with a delegation led by the Rock's
Minister with responsibility for gambling, Gilbert Licudi, to the GiGse Totally
Gaming conference in San Francisco.
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Greek Conservatives Pledge Sweeping Tax Cuts 4/27/2012 Unveiling details of his economic programme in Athens recently, ahead of the May
6 elections, Greece’s New Democracy conservative leader Antonis Samaras
pledged to reduce taxes and to increase spending on low pensions, while at the
same time ensuring that the ambitious deficit reduction targets agreed with international
moneylenders are met.
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Belgian Media Owe Millions In Unpaid Gambling Tax 4/24/2012 Belgium’s special inspectorate for taxation has recently demanded tens of millions of euros from the Belgian
media in respect of unpaid gambling taxes, according to Francis Adyns, a spokesman
from the country’s finance ministry.
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Antigua Issues Plea To US On E-Gaming 4/18/2012 Prime Minister of Antigua and Barbuda, Baldwin Spencer, has met with US Trade Representative, Ron Kirk, to discuss Antigua and Barbuda’s internet gaming case against the United States.
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Jersey Targets Digital Industries With New Agency 4/4/2012 A new agency, Digital Jersey, is to be established as a part of a public-private partnership aimed at promoting Jersey's digital industries - including e-gaming, e-commerce and Information
and Communications Technology, on the back of Jersey's newly updated Intellectual
Property legislation.
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Report Dissects Alderney's Role In Full Tilt Poker Case 3/30/2012 Alderney's Gambling Control Commission has welcomed the publication of an independent
report into decisions made in relation to
three companies which were licensed in Alderney to operate as Full Tilt
Poker.
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UK Confirms Gambling Tax Changes 3/27/2012 Offshore gambling firms have been dealt a blow in the United Kingdom's latest
Budget which amends the tax rules applicable to the supply of gambling services
to the UK market. Wagers will now be taxed on a point-of-consumption
basis, bringing offshore operators under the UK tax net.
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UK Budget Delivers Tax Cuts 3/23/2012 George Osborne has delivered a Budget that ‘unashamedly backs business’, slashing the top rate of personal income tax and accelerating corporate tax cuts.
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Ireland To Extend Betting Tax To Online Bookies 3/15/2012 Ireland's online bookmakers will soon be liable to a transactions tax, bringing the country's internet gambling regime in line with that imposed on high-street shops.
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Antigua To Push WTO Enforcement Of 2005 US Gambling Ruling 2/21/2012 Antigua and Barbudan Minister of Finance and the Economy, Harold Lovell, has announced that Antigua will again launch WTO
proceedings against the United States and its treatment of offshore gambling operators.
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EU Court Questions Italian Gambling Licensing Procedures 2/20/2012 The European Court of Justice has provisionally found that European Union law precludes national betting and gaming legislation, such as that in force
in Italy which requires a minimum distance between betting outlets, where the
aim is to protect the market position of existing operators.
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Pokerstars Receives Malta License 2/17/2012 PokerStars has launched Pokerstars.eu under the group’s new license granted by the Malta Lotteries and Gaming Commission, which the company says will provide players with all the benefits of a European Union-issued license.
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Taiwan Looks At A Windfall Tax 2/6/2012 Christina Liu, who will be Taiwan’s Minister of Finance in the cabinet reshuffle
after the last month’s elections, has disclosed that she intends to appoint
a committee to look at the government’s tax reform options, including a
possible windfall tax.
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Gibraltar Defends Its Interests In London 1/30/2012 Gibraltar's Chief Minister Fabian Picardo has met with the UK Minister for Tourism and Heritage, John Penrose, to question the rationale behind the UK government's plans to introduce a licensing regime for remote gaming operators, contained in the Remote Gaming Bill which may soon be tabled before the UK's parliament.
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Hollande Relaunches French Debate On Anti-Piracy Tax 1/23/2012 During a recent visit to Nantes, Socialist candidate for the French presidency,
François Hollande, put forward the idea of abolishing the independent
authority currently responsible for the protection of rights on the Internet in
France, and replacing the body with a law providing for a tax on or contribution
from stakeholders in the digital economy to fund artistic creation.
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Isle Of Man Beckons Last Bids For 5* Casino Complex 1/23/2012 The Isle of Man's Department of Economic Development has said it continues to seek expressions of interest from entities interested in investing in the establishment
of the island's first five-star hotel and casino complex.
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Report Criticizes UK Gambling Tax Proposals 1/10/2012 UK government proposals to tax gambling operators on a point-of-consumption basis to boost revenues and enhance UK oversight of gambling operators could be self-defeating, according to a new report compiled by Deloitte on behalf of UK bookmarker William Hill.
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Philippine Gambling Authority Settles Tax Dispute 1/9/2012 The Philippine Amusement and Gaming Corporation (PAGCOR) has settled unpaid back taxes incurred under the agency’s previous administration amounting to almost PHP857m (USD13.3m) as the government seeks to boost its overall tax take.
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Macau's Gambling Revenues Surge 1/5/2012 According to the Gaming Inspection and Coordination Bureau, casino gambling revenues
in Macau increased by 42% in 2011, to reach MOP267.87bn.
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Italy Imposes Tax On Instant Lottery Winnings 1/3/2012 Following their misfortune in suffering the heavier taxation imposed by the latest
‘Save Italy’ budget introduced by the new Monti government, Italian
taxpayers have now found out that, arising from a measure within last August’s
Berlusconi government budgetary package, they are also liable to be taxed if they
have a little good luck in the future.
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Permit Given To US Online Gambling 12/30/2011 A United States Department of Justice memorandum opinion on online gambling,
which was formulated in September this year, and could mean a significant increase
for state tax revenues, has just been made public.
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IoM Proposes Law Change To Host Gambling Events 12/27/2011 The Isle of Man has announced plans to amend the island's gambling legislation to permit venues other than casinos to host live gambling events from the island, such as live poker tournaments.
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Bermuda Publishes Pre-Budget Report 12/19/2011 The Bermuda government is considering a number of tax measures for the 2012 Budget, to continue to consolidate the territory's fiscal finances, and reinvigorate economic growth and encourage job creation, according to a pre-budget report from the island's Finance Minister, Paula Cox.
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AGCC Reviews Full Tilt Poker Decision 12/13/2011 The Alderney Gambling Control Commission has announced that it is to commission
an independent, external review of its actions and processes leading up to the
suspension of the licenses belonging to the companies trading as Full Tilt Poker.
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Alderney Reports Boost In E-Gambling Licences 12/5/2011 The Alderney Gambling Control Commission has reported better than expected growth in the
island's Internet-related economy, in terms of the e-gambling applications received and licenses
granted over the course of 2011.
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Operators Challenge Incoming Greek Gambling Regime 12/2/2011 The European Gaming and Betting Association and the Remote Gambling Association
have filed a complaint with the European Commission on Greece's controversial,
recently-adopted online gambling law, which would allow the provision of taxed
gambling services.
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Sarkozy Eyes New Anti-Piracy Law 11/24/2011 During a recent forum on culture in the digital age in Avignon, French President
Nicolas Sarkozy underlined the need to extend the fight against Internet piracy
to online streaming.
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Gaming Giant Wins UK VAT Dispute In ECJ 11/17/2011 HM Revenue and Customs looks set to be hit with a GBP30m tax refund claim from the Rank Group after the European Court of Justice ruled in favour of the gaming company in a long-running dispute over value-added tax payments.
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Czech Republic Delays Tax Changes Until 2014 11/10/2011 Czech Finance Minister Miroslav Kalousek has announced that the government’s
proposed reform of taxation in the Czech Republic will be delayed until 2014.
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German Gambling Tax Proposals Criticized 11/1/2011 The Remote Gambling Association has expressed its disappointment at proposals
from 15 of the 16 German provinces on a national plan to regulate and tax the domestic gambling market.
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South Africa Cautions Online Gambling Remains Illegal 10/26/2011 While a decision is awaited on the recommendations of the Gambling Review Commission,
the Minister of Trade and Industry Rob Davies has warned that online gambling
remains illegal in South Africa.
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Tax Breaks Announced In Trinidad And Tobago Budget 10/17/2011 The government of Trinidad and Tobago has proposed to introduce a five-year temporary corporate tax rate of 10% for companies that have sought capital-market funding through an Initial Public Offering on the Trinidad and Tobago SME Market.
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EU Adopts Consumer Rights Directive 10/12/2011 The European Council has adopted the Consumer Rights Directive, that will establish new rules
on consumer rights to protect online shoppers, and boost consumer confidence in
buying cross-border in other European Union member states.
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Remote Gambling Firms Challenge Greek Taxes 10/5/2011 The Remote Gambling Association, which represents the largest online gambling
operators and software providers in the world, on October 4, 2011, lodged a State
aid complaint with the European Commission to challenge the legitimacy of new
gambling tax laws introduced by Greece.
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Alderney Revokes Full Tilt Poker Licenses 10/3/2011 The Alderney Gambling Control Commission revoked the licenses of the companies
operating as Full Tilt Poker with immediate effect on September 29, 2011, after
it was confirmed at a tribunal that the poker provider had contravened several
rules and fabricated information regarding the company's financial situation to mislead the regulator.
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Isle Of Man Eyes Second Casino Complex 9/29/2011 The Isle of Man Department of Economic Development is seeking expressions of interest
from the private sector on partnering with the government to establish a five-star
hotel and casino complex on the island, to attract visitors and boost tax revenues.
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Ireland To Tax Remote Gambling 9/28/2011 Ireland is to modernize its gambling laws, with changes designed to tackle the shortcomings of current legislation, which include the absence of a taxation regime for remote gambling.
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Danish Gambling Law Receives EU Green Light 9/23/2011 After an in-depth investigation, the European Commission has concluded that a
law liberalizing gambling in Denmark and at the same time creating lower taxes
for online casinos than for land-based ones is in line with EU state aid rules.
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Date Set For Alderney Full Tilt Poker Hearing 9/13/2011 The Commissioners of the Alderney Gambling Control Commission have announced that the hearing into the future of the licence issued to Full Tilt Poker, currently suspended, will be held on September 19.
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Hungary Seeks To Bridge Fiscal Gap 9/12/2011 Hungary has announced an increase in excise taxes to begin to close a HUF350bn
(USD1.68bn) gap expected to arise in the country's budget this year.
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Greece Targets Online Tax Evaders 9/1/2011 The Greek government has announced the formation of a specialist team of 200
to tackle technology-related tax evasion, in particular involving online gambling and stock market speculation, among other activities.
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UK Games Machine Duty Tribunal Rules Against HMRC 9/1/2011 The UK's revenue agency has lost out in a tribunal ruling which has decided that certain electronic lottery machines ought not to be subject to licence duty.
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Alderney Postpones Full Tilt Licence Hearing 7/29/2011 The Commissioners of the Alderney Gambling Control Commission have announced
their intention to adjourn the hearing into the future of the licence issued
to Full Tilt Poker, currently suspended, until a date no later than September 15.
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Italian Revenue Takes Action Against Poker Players 7/21/2011 The Italian Revenue Agency and the Guardia di Finanza, the financial police, are
taking action, aptly codenamed 'All In', over the taxable earnings
of poker players on offshore media, such as dedicated television channels.
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UK To Review Remote Gambling Tax Regime 7/20/2011 The UK government has announced that it will review the case for amending the taxation regime for remote gambling following last week’s Department of Culture, Media and Sport (DCMS) proposal to make changes to the regulation of remote gambling.
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Alderney Notes UK Gambling Policy Changes 7/15/2011 Following the announcement by the UK Department for Culture, Music and Sport minister John Penrose that the UK is to implement an extended licensing regime, the Alderney Gambling Control Commission has confirmed that the new policy will not yet impact on remote gamblers licensed in the jurisdiction.
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AGCC In Talks With Full Tilt Poker 7/6/2011 The Alderney Gambling Control Commission is in discussions with its licensees trading as Full Tilt Poker and a third party concerning the prospective refinancing of the e-gaming firm.
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Carey Olsen Advises On Tote Acquisition 6/14/2011 A cross-practice team from Carey Olsen’s Guernsey office has acted as
advisor for Betfred in respect of its acquisition of the Tote bookmakers from
the UK government.
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South Africa Consults On 2011 Budget Bills 6/6/2011 South Africa’s National Treasury has released for public comment a draft
of the 2011 Taxation Laws Amendment Bills that give effect to most of the
2011 Budget tax proposals, as well as to additional urgent measures.
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UK Consults On Gaming Machine Taxation 5/25/2011 The UK has launched both draft legislation and a consultation document on government proposals for an overhaul of the way it taxes gaming machines, which could see the introduction of a new single levy to replace the operation of two separate charges.
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Isle Of Man Increases Excise Duty Enforcement 5/19/2011 Legislation has been tabled in the Isle of Man legislative assembly, the Tynwald, to amend
the Customs and Excise Management Act 1986 in line with United Kingdom legislation, which will increase scrutiny of revenue traders operating in the Isle
of Man, and also tackle evasion of gambling duties.
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IoM Confirms Online Gambling Safeguards 5/12/2011 The Isle of Man's Economic Development Minister Allan Bell has welcomed confirmation
of the special safeguards in place to protect the money of customers of online
gambling operators licensed in the Isle of Man.
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Costa Rican Tax Reform Needed, Says IMF 4/15/2011 Concluding its mission to Costa Rica, the International Monetary Fund has said that the medium term economic outlook is broadly positive, and that tax reform is key to the securing of a higher revenue base.
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Italian Revenue Agency Questions On-Line Poker Players 4/5/2011 A letter has recently been sent from the Italian Revenue Agency and the Guardia
di Finanza, the financial police, to professional online poker players asking
for information on their earnings.
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EU Launches Consultation On Online Gambling 3/30/2011 The European Commission has launched a consultation under which it is seeking
the views of stakeholders, and collecting relevant detailed information and data,
so as to obtain a facts-based picture of the existing situation in the European
Union online gambling market and of the different national regulatory models.
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IoM Consults On Gambling Taxes 3/22/2011 The Isle of Man Treasury has published a draft Gambling Duties Bill to replace
the current legislation that deals with the administration and collection of
excise duty on the types of gambling activities for which the Customs and Excise
Division is responsible.
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International Gaming Regulator Re-Establishes In Nevada 3/18/2011 The International Association of Gaming Regulators has successfully been reorganized
into a non-profit corporation in the state of Nevada, USA, under a format that
is expected to increase its role as a representative on behalf of the international
gambling regulatory community, and as an advocate for the enhancement of gaming
regulation worldwide.
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Betfair In Gibraltar Move 3/10/2011 The gaming operator Betfair is to cease operations under a British gaming licence with effect from March 9, making it the latest operator to leave the UK after a steady stream of exits in recent years.
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Concerns Expressed Over South African Gambling Tax 3/3/2011 Some participants in the gambling sector have expressed concern over the South
African government’s proposal, in its 2011 budget, to levy a 15% withholding
tax on all winnings above ZAR25,000, with effect from April 1, 2012.
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South African Budget Emphasizes Growth 2/25/2011 South Africa’s 2011 budget, presented on February 23 by the Minister of
Finance Pravin Gordhan, declares that the measure of South Africa’s economic
progress, and the effectiveness of the government’s spending and tax policies,
will be primarily seen through its target of creating 5m new jobs in the next
ten years.
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Alderney Defends Gambling Regime 2/21/2011 The Alderney Gambling Control Commission has issued a response to the UK Gambling Commission's gambling prevalence survey, stating that all Alderney licensees contribute to tackling problem gambling, including through regularly funding research in the area.
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Singapore Lowers Fruit Machines Duty 2/15/2011 During a second reading of the Private Lotteries Bill 2011 in parliament, Singapore’s
Second Minister for Finance and Transport, Lim Hwee Hua, announced that the government
will lower the private lottery duty for fruit machines to 9.5% of actual gross
turnover, instead of the 12% planned earlier.
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Alderney Defends E-Gaming Regulations 1/26/2011 The Alderney Gaming Control Commission has issued a statement rejecting statements
made by British newspapers that the island, despite the jurisdiction’s
white-listed status, offers less protection to UK consumers than companies
offering the same services from Britain.
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Online Winnings To Be Included In Italian Tax Returns 1/5/2011 Online winnings, whether through betting or other games, are classified as ‘other
income’ and therefore should be included on an individual’s tax return, according to a new resolution issued by the Italian Revenue Agency.
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Betfair Threatens To Quit UK Over Tax 11/4/2010 Betfair, the world's largest betting exchange, is complaining on a number of fronts about the difficulty of remaining competitive with offshore rivals under the UK tax and regulatory regime.
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Turks And Caicos Face UK Tax Overhaul 11/3/2010 Acting Governor of the Turks and Caicos Islands, UK Member of Parliament Mark Capes, has confirmed that the UK government is progressing plans to implement reform of the islands' tax system.
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Irish Casinos Liable For VAT 10/27/2010 The Irish tax authority, the Revenue Commissioners, has clarified the Irish tax
treatment of casinos' income for value-added tax purposes as a result of a recent judgment
by the European Union Court of Justice in the case Leo-Libera GmbH v Finanzamt Buchholz in
der Nordheide).
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EC Rejects Romanian Draft E-Gaming Legislation 10/7/2010 The European Commission has issued a detailed opinion which is against the Romanian draft legislation regulating online gaming and betting.
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Greek Cabinet Approves 2011 Budget 10/8/2010 During a recent council of ministers meeting, the Greek government adopted its
ambitious 2011 budget bill, designed to reduce the public deficit and provide for a number of fiscal measures.
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Spain To Tax Online Gambling 9/24/2010 Spain’s Council of Ministers has approved a draft of a new Gambling Act, which is designed to regulate and tax all forms of gambling including online, interactive television and mobile gambling.
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Austrian Gaming Law Breaches EU Law 9/13/2010 The European Court of Justice has found that the obligation of gaming establishment operators to have their seat in Austria constitutes a restriction on freedom of establishment and is contrary to European Union law.
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ECJ Rules Against German Sportsbetting Monopoly 9/10/2010 Following a number of cases on which it was asked to give an opinion, the Court of Justice of the European Union has concluded that the sporting bets and lotteries public monopoly in Germany does not pursue the objective of combating the dangers of gambling in a consistent and systematic manner.
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Nova Scotia May Introduce Online Gambling 9/1/2010 Although Nova Scotia cooperates with other Atlantic provinces on its lottery and online interactive games offering through Atlantic Lottery Corporation, it is attempting to go it alone on wider online gambling facilities.
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Costa Rica Announces Gambling Tax Plans 8/23/2010 The Costa Rican ministry of finance has published revised plans to tax and regulate gambling, after casinos threatened to quit the country when consulted on the original tax proposals.
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Ontario Considers Online Gambling To Boost Revenues 8/11/2010 The government on Ontario has announced that it will be launching taxed online
gaming, under the auspices of the state-run Ontario Lottery and Gaming Corporation,
as part of efforts to bridge the province’s CAD19.7bn (USD18.9bn) deficit.
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Mexican Casinos Protest Tax Snoop System 8/5/2010 Two of Mexico's major media and casino groups have challenged in court new legal requirements to install online computer systems.
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US Internet Gambling Bill Passes Committee Hurdle 8/4/2010 The US House Financial Services Committee has passed legislation to enable Americans to bet online and 'put an end to an inappropriate interference with their personal freedom.' Online gambling may be made legal throughout the US, but it is unlikely to happen this year.
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Gibraltar To Land Largest E-Gaming Firm 8/3/2010 E-gaming companies, PartyGaming and Bwin have announced the signing of a merger implementation
agreement to create the world’s largest listed
online gaming business, based offshore, in Gibraltar.
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William Hill Moves Telebetting To Gibraltar 7/27/2010 UK bookmaker William Hill has announced that it is to transfer its telephone betting operation to Gibraltar because the UK's tax regime makes it 'impossible' for the company to compete with offshore telebetting firms on an equal footing.
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Polish E-Gaming Legislation Fails EU Test 7/23/2010 The European Commission has issued a detailed opinion against Polish draft legislation regulating online gaming and betting. The Polish draft legislation had also raised concerns among a number of Member States such as the United Kingdom and Malta.
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Quebec Initiates Online Gambling With Study 7/20/2010 Quebec has announced that it will be opening its own state-run online gaming and poker site in September 2010. Quebec minister of finance Raymond Bachand also announced that he is moving ahead with an online games monitoring committee.
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ECJ Rules On Swedish E-Gaming Advertising Ban 7/12/2010 The European Court of Justice has issued a preliminary ruling, addressing questions relating to the compliance of Swedish gaming legislation with the EU Treaty.
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Antigua Pursuing Trade Sanctions Against US 7/12/2010 Antigua and Barbuda’s Prime Minister, Winston Baldwin Spencer has said that
the territory may have to apply sanctions against the United States to settle
a longstanding internet gaming trade dispute.
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Romania Confirms VAT Hike 6/30/2010 Determined to curb the country’s budget deficit in order to receive a further
instalment of vital aid from the International Monetary Fund, Romania’s
centre-right government has confirmed plans to increase value-added tax by 5%, from 19% to 24%.
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Switzerland Unveils VAT Reform 7/1/2010 The Swiss Federal Council has adopted a supplementary bill pertaining to
the simplification of the value-added tax system in Switzerland.
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Australia Will Not Liberalize Online Gaming 6/28/2010 Australia’s Assistant Treasurer, Nick Sherry, has revealed that, despite
the positive recommendation in the Productivity Commission Report on Gambling,
the government does not intend to allow for a liberalization of online gaming.
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Sportsbet Wins Australian Fee Case 6/23/2010 Racing NSW has been ordered by the Australian federal court to repay Sportsbet more than AUD2m (USD1.75m) of a 1.5% turnover fee, which the judge regarded as having been collected in a 'protectionist, discriminatory and unlawful manner.'
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Cyprus E-gaming Ban Is Open To Consultation 6/18/2010 Online gambling in Cyprus has been permitted since the Betting Law of 2007, but the Cyprus government now plans to ban it, except on horse racing and sports in Cyprus.
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Antigua And Barbuda Govt Unveils Tax Plans The government of Antigua and Barbuda has outlined the fiscal measures it has agreed with the International Monetary Fund to stabilise the country's budget deficit within three years. |
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Danish E-gaming Liberalization Meets Opposition 6/16/2010 Danish casinos and gaming operators have lodged a complaint with the European Commission concerning the discrepancy between the rates of taxation on online gambling compared with their land-based businesses. This threatens the progress of the newly passed gaming laws.
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France Opens Up Gambling To Taxed Competition 6/16/2010 In a landmark move that signals the opening of the French gambling market to taxed
private competition, the government has issued 17 licenses to 11 gambling operators.
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Malta Fights For EU Free Market Rules In E-gaming 6/16/2010 Malta has disagreed with the conclusions of an EU Competitiveness Council meeting
which adopted a definition of illegal gambling as: “gambling in which
operators do not comply with the national law of the country where services
are offered, provided those national laws are in compliance with EU treaty principles".
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ECJ Rules On Dutch Gaming Licenses 6/10/2010 The European Court of Justice has delivered two key preliminary rulings on the compliance of Dutch legislation with the EU Treaty in respect of e-gaming regulation.
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California Gambles To Close Deficit 6/1/2010 Senator Rod Wright, leader of the California Senate Committee on gambling, has introduced an amended version of Senate Bill 1485, which would license California-based e-gaming companies to operate online poker websites for state residents.
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US Gambling Bill Introduced 5/26/2010 The leading US poker advocacy group, with more than one million members
nationwide, has welcomed proposed new legislation which would tax, license and regulate the online gaming
environment in the United States.
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Malaysia Grants First Sports Betting Licence 5/19/2010 Malaysia’s Ministry of Finance has given its approval for the re-issue to
Ascot Sports, a company controlled by the well-known businessman, Vincent Tan,
of the sports betting licence, which was originally granted in 1987 but had been
withdrawn.
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