Australia Federal and State Governments Disagree on New Rules about Online Gambling Tax

Australia Federal and State Governments Disagree on New Rules about Online Gambling Tax

The Federal Government of Australia, and more specifically the federal Treasurer Scott Morrison, seems to be entering a fierce war with the country’s states over the plan of the Government to take part of their online gambling tax. The state treasurers have shared their concerns that the Mr. Morrison announced plans to take part of the 15% point-of-sale consumption tax that has been introduced by every state, with such a portion being estimated to online gambling revenue estimated to hundreds of millions of dollars. The issue is expected to become…

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UK Gambling Companies Target Children by Using Cartoons in Online Games

UK Gambling Companies Target Children by Using Cartoons in Online Games

New data released after an investigation by The Sunday Times showed that some of the largest gambling operators in the UK use popular cartoon and storybook characters in their online gambling offerings in order to target and attract children. Reportedly, British gambling operators are taking advantage of a loophole in the current gambling legislation that provides them with the opportunity to promote children-appealing games without practically breaching the rules implemented by the UK Gambling Commission (UKGC). To date, betting stakes vary from £0.01 to £600. Even more disturbing is the…

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Gambling Operators Consider Merger and Acquisition Deals to Bolster Market Presence

Gambling Operators Consider Merger and Acquisition Deals to Bolster Market Presence

It seems that some of the largest gambling operators on a global scale are on their way to consolidation through a new wave of multi-billion mergers and acquisitions. Reportedly, the dealmaking process is set to start as early as October 2017, as a result of the operators’ efforts to consolidate their positions in both their domestic markets and in international markets as well. Lately, it becomes more challenging for gambling companies to operate in the conditions of quickly changing environment. In addition, the market conditions in the UK gambling industry…

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Smain Mamouni Conquers 2017 PMU.fr WPT DeepStacks Marrakech MAD 13,200 Main Event

Smain Mamouni Conquers 2017 PMU.fr WPT DeepStacks Marrakech MAD 13,200 Main Event

Smain Mamouni emerged as the crowned champion in 2017 PMU.fr WPT DeepStacks Marrakech MAD 13,200 Main Event, taking home a total of MAD 1,000,000. This year’s tournament gathered the largest field of the series outside America – a total player field of 433 entries, who accounted for an overall prize pool of MAD 4,949,600. Apart from the monetary prize he scooped for winning the event, Smain Mamouni also got a €2,000 package for the forthcoming WPT DeepStacks Final that is to take place in January in Berlin. 2017 PMU.fr WPT…

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