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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.“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 card game,” according to the source.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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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 2019 iteration of the event, which t 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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Coutinho reportedly proclaimed…“It is suggested that Macau should introduce interactive gaming. 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.”Scrutiny obligation:Coutinho’s plea reportedly comes approximately four months after the enclave’s Gaming Inspection and Coordination Buspringbok cas ino blog frivreau 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....

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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.According to a report from the news domain at iGamingBusiness.pply: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%....

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The 2019 iteration of the event, which t 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. 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....