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Macau’s government [should simultaneously] establish official standards and regulations on interactive gaming and develop interactive gaming software in order to increase revenues from gaming tax and further develop gaming industries in Macau.com, the move from the Coljuegos authority comes after the country ratified a measure in June that has allowed online participation in such entertainments until the end of next year.According to a report from the news domain at iGamingBusiness....

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The gambling regulator for the South American nation of Colombia has reportedly published measures that are to regulate the temporary legalization of online scratchcard and bingo games.Closed market:Inside Asian Gaming reported that almost all iGaming is currently prohibited in Macau with the sole exception of a few soccer and basketball-themed sportsbetting games operated by Macau Slot Company Limited.GGPoker, flagship online poker skin of GGNetwork, together with Battle of Malta organizers Casino Malta by Olympic Casino have announced they will host the 2020 version of the popular festival in November....

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Coronavirus closures:Colombia is a nation of over 50 million inhabitants and reportedly shuttered every one of its land-based gaming outlets in March as a direct result of the ongoing global epidemic. Macau’s government [should simultaneously] establish official standards and regulations on interactive gaming and develop interactive gaming software in order to increase revenues from gaming tax and further develop gaming industries in Macau.Coutinho reportedly proclaimed…“It is suggested that Macau should introduce interactive gaming....

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The source furthermore detailed that the recent coronavirus-provoked slump in gaming taxes has even led to the emergence of rumors that the city may be about to launch an inaugural lottery similar to the Mark Six service already offered to punters in nearby Hong Kong.Prize pool:A 0 Main Event boasting a huge guaranteed cash prize pool of ,000,000 will headline the series, which will reportedly kick off on November 1 and run through November 22. Although such entertainment will be exempt from existing gaming duties and taxes, organizers will purportedly also be compelled to return 58% of any stakes and pay a 12% turnover tax....

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Closed market:Inside Asian Gaming reported that almost all iGaming is currently prohibited in Macau with the sole exception of a few soccer and basketball-themed sportsbetting games operated by Macau Slot Company Limited. The source detailed that legislators decided to take this step so as to stimulate gaming activities and their resultant tax revenues in the wake of the coronavirus pandemic. The regulations moreover purportedly require the video feed for any contest to continually show the mechanical ball blower and game board although some exceptions are to be made for competitions utilizing an electronic random number generator to select their winning numbers....