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This measure was purportedly approved despite concerted opposition from those who proclaimed legalization would lead to a rise in gambling addictions and as such did not sanction land-based sportsbooks.Prominent online sportsbook operators FanDuel Group and DraftKings Incorporated have reportedly become among the first to be granted conditional licenses that will allow them to offer their services to punters in the southern American state of Tennessee.“It’s an honor to be unveiled as the organizers’ preferred online partner, and I’m confident that this year’s Battle of Malta will be bigger and better than ever!”Event success:One of Europe’s biggest poker events, Battle of Malta is designed for low-to-mid-stakes poker players and is “synonymous with fun and the lighter side of the world’s favorite ca...
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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. 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.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....
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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. Most of these venues purportedly remain closed with only select few in the city Medellin having so far re-opened following criticism from the industry and the submission of a petition said to have featured some 17,000 signatures.Lenient levy:The news domain reported that bingo operators offering their contests online are to now be additionally obliged to ‘take measures to restore the game to its last known state’ should a video stream be temporarily interrupted or offer complete refunds if this is not possible....
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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. 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. Most of these venues purportedly remain closed with only select few in the city Medellin having so far re-opened following criticism from the industry and the submission of a petition said to have featured some 17,000 signatures....
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Desirable destination:WXMI-TV reported that the Sports Wagering Committee has so far approved 26 remote sportsbetting operator licenses along with an inaugural supplier authorization and is expecting to receive more applications in advance of the activity’s official November 1 launch date.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.Prominent online sportsbook operators FanDuel Group and DraftKings Incorporated have reportedly become among the first to be granted conditional licenses that will allow them to offer their services to punters in the southern American state of Tennessee....
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