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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. 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....
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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. This levy provided around 90% of the city’s total income last year although local casinos recently experienced five consecutive months of coronavirus-induced downturns in which their aggregated takings fell by at least 90% year-on-year. 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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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. 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.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....
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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.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.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....
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