Industry news
The Romanian state plans to introduce new taxes for the gambling industry. Firstly, it plans to more than double the entry tax for casinos, from 4.4 euros to 11 euros. The tax hike was triggered by the impossibility to check and tax the actual earnings of each gambler.Secondly, a change will be introduced for slot machine operators too: gambling companies will pay an extra 200 euros a year for each slot machine they operate.So far, the state budget only cashed...
(Macau).- Investors in Macau casinos are among the highest climbers on the 2014 Forbes Hong Kong Rich List. Galaxy Entertainment Group chairman Lui Che Woo added USD11.5 billion to his wealth in the past year, bringing his net worth to USD 21 billion and raising himself to second place on the list. Macau gaming mogul Stanley Ho Sun’s daughter, Pansy Ho, added us$ 3.9 billion to her wealth, making her net worth us$ 6.8 billion and putting herself in ninth...
The 21st edition of GTI Asia Taipei Expo will be held on May 8~10, 2014 at Taipei World Trade Center. Created for the event and cooperated with GTI Magazine, the “Hello Taiwan” campaign is consists of series of project to highlight the representative, importance and future of Taiwan electronic game machine (EGM) industry as global production base. With almost 20 years of export experience of AWP gaming machines, mario slots, cranes, pinball machines, kiddie rides and all kinds of parts...
Ministry of Finance of the Russian Federation has developed a bill that will legitimate online bookmaker and wagering business, according to Izvestia newspaper. Online betting will be controlled by the special authority, which is a nonbank credit organization (NCO). NCO will accept money from citizens via the payment terminal, ATM or digital payment system and transfer it to the game provider.The bill states that in order to start an online bookmaker and wagering business, the person would need to obtain...
But safeguards including entry levy and credit checks likely to apply says Macao Gaming Show speakerIt’s “80 to 90 percent certain” that Vietnamese citizens would be allowed to gamble in big casino resorts in that country within “two to three years”, said a speaker at the Macao Gaming Summit. Currently only foreigners or Vietnamese with overseas passports are legally allowed to gamble in the 13 or so establishments of varying size that are unofficially classified collectively as ‘casinos’. “At that...