Vietnam has reinforced its ban on its own people entering its casinos, while looking into the possibility of legalizing sports betting. Foreign investors have been told not to submit proposals for new gambling halls in the Southeast Asian country unless they will comply with the prohibition on locals, which is cited as a protection for [...]
Posts Tagged ‘legislation’
Vietnam keeps locals out of casinos, but may allow sports betting
Thursday, March 29th, 2012NZ Government ‘selling the law’ to casino company
Thursday, March 29th, 2012The New Zealand government is in private talks with entertainment corporation SkyCity to relax gambling laws in exchange for the casino giant building a new convention centre in Auckland. In a move that has been criticized as ‘selling the law’, Parliament is on the verge of changing the law restricting new EGMs, or ‘pokies’, which will [...]
Betfair attacks German gambling shake-up
Thursday, December 1st, 2011EUROPE - The fight for access to Germany’s gambling market has intensified after Betfair complained to the European Commission against draft legislation that is supposed to open up the gaming sector in Europe’s largest economy. Liberalisation plans drawn up by most of Germany’s regional governments do not go far enough and still aim to shelter local [...]
Gambling Bodies File Complaint Against Greece
Thursday, December 1st, 2011EUROPE - Greek’s gambling laws have long been considered unfriendly to foreign companies, and newly adopted online gambling legislation seems to have sealed the nail in the coffin of non-Greek companies attempting to compete in the market. This week, two online gaming groups, the European Gaming and Betting Association (EGBA) and the Remote Gaming Association (RGA), [...]
Changes unlikely for online gambling in D.C.
Thursday, December 1st, 2011US - D.C. Lottery officials do not plan to change the essential components of their controversial online gambling plan after holding nine community meetings to hear concerns and dispel myths about the program. The first-in-the-nation effort to bring online gambling to home computers and limited public areas within D.C. borders has received mixed reviews since it [...]
Taxman to slap 20 per cent levy on gambling winners
Thursday, December 1st, 2011AFRICA - Kenya Revenue Authority is to impose a 20 per cent withholding tax on winnings from gaming as it seeks to bring more people in to the tax bracket. Currently the taxman only levies a 16 per cent tax on the gaming company leaving winners untaxed. Speaking at a Mocality Business Conference at the KICC [...]
UK Online Gambling Law Updates
Thursday, December 1st, 2011UK - The UK Treasury is expected to complete its review of the £1.7 billion British online gambling market early in December. Experts are of the view that the recommendation of a secondary licensing fee on offshore remote gaming companies operating in the British market is on the cards. Last week the discussions arranged by [...]
A Utah gambling loophole may close, and another open
Monday, November 28th, 2011US - Utah legislators are looking to close one loophole in Utah’s total gambling ban but may open another. They want to eliminate vague wording that some Internet cafes have claimed allows them to operate games of chance — as long as it isn’t their primary business — which made some look like casinos. Salt Lake Tribune.
Biggest foe of expanded gambling in Florida: Disney
Monday, November 7th, 2011US - The biggest challenger standing between Miami and casinos is a mouse. Walt Disney World, the giant resort near Orlando whose four theme parks draw more than 45 million visitors a year, has made preventing “destination” casinos a top priority. And few, if any, businesses carry as much weight in Florida as Disney, which employs [...]
EU Approves Lower Taxes for Danish Online Gambling Licensees
Monday, November 7th, 2011EUROPE – After investigating a response to a complaint regarding new Danish online gambling tax laws, EU regulators have given approval for the country to go-ahead and promulgate the law. The complaint was from land gambling operators as the tax laws applied on online gaming were far lower than in the land industry. The industry [...]
