This June, Prague will host the inaugural Prague Gaming Summit (PGS). The first edition of the conference, which is scheduled for June 8th and 9th, is to be hosted in the Andel’s by Vienna House Prague. The event, which would be a seminary type conference, is expected to gather some of the most reputable experts in the gaming world at one place. These experts would not only lead a number of workshops, but would also share their professional opinions on the current status quo of the gambling market in the…
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Miami Representatives Oppose Florida Lawmakers’ New Casino Expansion Plans
Florida lawmakers are still in the middle of their discussions over the upcoming implementation of the state’s new pieces of gambling legislation, but the representatives of the Miami-Dade county have already protested against the future casino expansion. It seems that the representatives have been greatly concerned about the upcoming expansion, as they utterly opposed the addition of new casinos in the region. Local lawmakers have been debating on the expected gaming expansion for a few days, after Florida’s Supreme Court gave the green light to a proposed constructional change that…
Read MoreIndiana Communities Protest against New Gaming Bill
It seems that the situation in Indiana is going to get hotter and hotter, just at a time when the new gaming legislation is about to be brought forward by the state Governor Eric Holcomb. The lawmakers representing the local communities with casinos have presented a formal petition aimed at stopping the legislation and regulatory measure, as they claim that the Governor’s consent would break some promises made in the past and would also result in draining local budgets. As a result, Indiana Governor has postponed the signing of the…
Read MorePoland Sees First-Ever Virtual Sports Betting Services Go Live with Totolotek
Intralot-owned sports betting operators Totolotek has become the first one to launch a virtual sports betting service on the territory of Poland. The release has been carried out in collaboration with Betradar, after Totolek has joined forces with the global leader in sports data and digital content provision in a partnership agreement. The simulations which would first be available for local players include virtual football clubs, dog races and horse races. The next simulations to become available in May 2017 are the simulations of games played by national teams. Virtual…
Read MoreHMRC Make a Betting and Gaming Duties Guidance Amendment
Her Majesty’s Revenue and Customs (HMRC), a non-ministerial department of the UK Government that is responsible for taxes collection, regulatory regimes administration and state support payments, has updated its online guidance on Betting and Gaming duties. The section where the above-mentioned duties could be found is called Gambling Duties, and the updated section, respectively, is called General Betting Duty, Pool Betting Duty and Remote Gaming Duty. These rules were first published in August 2014, with some additional information about off-course bets added at the end of August 2015. Under the…
Read MoreMJC Investment’s Winford Hotel & Casinos Opens Doors in the Philippines
A few days ago, the Winford Hotel & Casino had their official grand opening ceremony in the Philippines. The property, owned by MJC Investment Corp., had its soft opening at the beginning of 2016, when the ceremonial opening of the grown floor of the project was officially made. The venue is situated within the San Lazaro Tourism and Business Park in Manila and is the newest gaming and entertainment centre addition of the much bigger renovation process of the area called the “greater Chinatown”. The district of Binondo has been…
Read MorePennsylvania House Gaming Oversight Committee Gives the Green Light to Sports Betting Bill
The Pennsylvania House Gaming Oversight Committee has passed the Sports Betting Bill that would make sports betting legal on the territory of the state and would as well regulate it. Unfortunately, despite the fact this was a positive step for the issue, no one could predict if the Bill, called HB 519, would actually make it to the end of the legislative process. Currently, sports betting operations are prohibited in all US states, except for a few ones, under the Professional and Amateur Sports Protection Act (PASPA). Actually, it is…
Read MoreEuropean Commission Clears the Way for UK Horserace Betting Levy Reform
The European Commission has approved the UK laws related to the reforms for foreign horseracing operators in the local market. Yesterday, the Commission informed the international sports betting operators about the horseracing industry amendments which it had approved earlier. Under the provisions of the new financial reforms, the UK authorities would be able to impose a 10% tax levy on horseracing operators that offer their services in the British market. The European Commission has found that the amendment is in line with the laws of the European Union. The new…
Read MoreFlorida Legislature Still Looking for Consensus on Gambling Amendments
The main sponsor of Florida’s Senate Bill – Senator Bill Galvano – has commented that the ruling of the State Supreme Court for constitutional gambling amendments created a necessity for quick actions on a reaching a gaming deal. Last week, the Florida Supreme Court gave a permission for a proposed constitutional amendment of gambling legislation. Under the amendment, an exclusive right to decide the fate of casino gambling in the state would be given to local voters. Under the court’s ruling, the supporters of the gambling amendment would be required…
Read MoreFirst Melco-Hard Rock Satellite Casino in Cyprus to Start Operation This Summer
As revealed by Cyprus’ Tourist Minister Giorgos Lakkotrypis at the opening of the 20th travel and tourism exhibition Taxidi 2017, the consideration and evaluation process for the new Melco-Hard Rock consortium operated casino has been brought to an end. Now, the last step of the process – the authorisation – is expected to come to an end. With it being finalised, the Government of Cyprus is to finally allow the casino construction. A ratification from the Cabinet needs to be received in order for the construction work of the casino…
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