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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.”Scrutiny obligation:Coutinho’s plea reportedly comes approximately four months after the enclave’s Gaming Inspection and Coordination Bureau regulator declared that it was prepared to ‘listen to any suggestions that would help the development of the industry’ but would be required to ‘carefully study’ any moves towards legalizing online gambling. 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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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. The source detailed that legissilversands cas ino australia bsdilators decided to take this step so as to stimulate gaming activities and their resultant tax revenues in the wake of the coronavirus pandemic.”According to the press release, additional initiatives as part of Playtech’s Sustainable Success strategy will be detailed across the year....

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Significant supply:Macau is home to some of the world’s largest and most famous gambling venues including the iconic Casino Grand Lisboa from SJM Holdings Limited with all of these properties reportedly required to pay a gross gaming revenues tax that typically hovers at around 39%.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. 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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The highly anticipated 2020 Battle of Malta live event was originally scheduled for October but was postponed due to the ongoing COVID-19 pandemic. Although such entertainment will be exempt from existing gaming duties asilversands cas ino australia bsdind taxes, organizers will purportedly also be compelled to return 58% of any stakes and pay a 12% turnover tax.Coutinho reportedly proclaimed…“It is suggested that Macau should introduce interactive gaming....

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In Macau and a senior legislator has reportedly urged the government to consider legalizing some forms of iGaming so as to help the city’s public coffers recover from the ongoing impact of the coronavirus pandemic.According to a report from Inside Asian Gaming, Jose Maria Pereira Coutinho (pictured) has served as a member of the former Portuguese enclave’s Legislative Assembly since 2005 and believes that legalizing online gaming would also allow local businesses to further diversify their activities.Prize pool:A 0 Main Event bo...