Industry news
All countries have different gambling business taxation systems, and not only tax rates differ but also their targeting. For example, in the UK, the Czech Republic, Belgium, Slovakia, Spain, and Denmark, only the gross income of betting companies is a subject to tax. Whereas in Russia, players’ net winnings are taxed at the rate of 13%. Let’s examine the tax percentage rates for winnings in other European countries. In Germany, a player pays 5% from every placed bet. If a...
The Ministry of Sport has promised not to make any significant decisions regarding the betting industry without consulting bookmakers. It was reported by Darina Denisova, head of Self-regulatory Organization of Bookmakers. Recently, the Ministry of Sport of the Russian Federation has hosted a working meeting, involving betting company CEOs and sports federation representatives. At the meeting, sports officials have found out why the cooperation with betting shops is profitable for them and discovered cooperation aspects. At the same time, bookmakers...
The company CASEXE announced about its participation in the iGaming exhibition iGaming Super Show, which is a core part of the international conference Amsterdam Affiliate Conference 2017. The said event starts on the 11th of July and will last up to July 14th in Amsterdam (Netherlands). Anyone willing to meet CASEXE managers, feel free to set an appointment with our specialists in advance. In order to arrange a meeting, please, visit our official website and fill in all the necessary...
Andrey Folomeev, the head of the Corporation for the Development of Primorsky Territory, made the announcement on the behalf of the resident of the gambling zone “Primorye” – Naga Corp Ltd. According to him, the casino resort “Mayak” which is to be opened at the end of 2018 will be renamed. Andrey Folomeev said that the resort would get a more serious name – Naga Vladivostok. He thinks that the change will benefit the casino itself as well as the...
Popularity of cryptocurrencies is growing, boosted by the shaky position of traditional monetary standards. Bitcoin has become not merely a method of paying for goods and services but rather a symbol of a separate subculture or even philosophy. One of the reasons of such a buzz was the fact that Bitcoin price reached $3000. The interest in this cryptocurrency is also seen in the field of betting. For example, betting volume in bitcoin casinos comprised around 1 500 000 ฿...
