The Philippines’ Bureau of Internal Revenue has reiterated that Philippine Offshore Gaming Operators (POGOs) need to pay a 5-percent franchise tax before they can resume their operations and denied that the levy was a new cost for business.
A Ukraine parliamentary committee has approved the initial tax framework for its nascent gambling industry, setting a rate of 5 percent of gross gaming revenue for sportsbooks.
The increased clarity regarding the terms of IR regulation in Japan following the ruling coalition compromises is also throwing light on which institutions are now advantaged and which are disadvantaged in the race for licenses. Seth Sulkin, head of...
Government proposals presented to the ruling party this week relating to tax rates, entry fees, and casino floor space restrictions have drawn wildly
Myanmar’s Union Minister for Hotels and Tourism, Ohn Maung, says that a relaxing of the country’s gambling laws will allow foreigner-only casinos
Goa’s offshore casinos, which currently float in the Mandovi River, are waiting for the government to finalize legislation that will force them to shift onshore, which may prove a game changer for the industry in India. Industry experts say the move...
Casino operators in the Philippines have been attending workshops on how to comply with the country’s new anti-money laundering regulations, though some industry experts say the rules are still are not strong enough. The reporting thresholds are similar...
The Japan Racing Association (JRA) began implementing third-party gambling addiction exclusions at the end of December, heralding a new direction in J
Malaysia has launched a major crackdown on illegal gambling and this time says it will stamp out the practice for good, though some observers are less optimistic. They say without changes to the law to specifically target online activities, stamping out...
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