Archive

_2021-03-04
Side betting in Macau's VIP rooms is probably six times higher than the figures that are being reported and represents money that is not being taxed by the government, security expert Steve Vickers said in an interview with RTHK.

_2020-12-04
Akira Amari, the head of the ruling Liberal Democratic Party’s Research Commission on the Tax System, has clarified that the proposed tax on the winnings of overseas gamblers at Japan’s future IRs will not be imposed.

_2020-10-07
Macau’s existing six casino operators are likely to retain their licenses, but the government is likely to impose extra economic conditions in return, according to a lengthy analysis of potential outcomes of the concession renewal process by Bernstein...

_2020-10-05
Cambodia’s National Assembly has unanimously approved a long-awaited law to govern the country’s casinos. 

_2020-09-25
Presidential spokesman Harry Roque took issue on Thursday with suggestions that the reduction in the number of Philippine Offshore Gaming Operators (P

_2020-09-14
Philippines President Rodrigo Duterte has signed an economic recovery package into law that will seek to more than double the amount of revenue the government gets from Philippine Offshore Gambling Operators (POGOs).

_2020-09-11
An Australian federal court has ruled that the amount of taxes the company must pay when bringing in VIP gamblers on junkets has been “excessive.”

_2020-08-31
A Thai politician has said he wants to start a committee to research plans for integrated resorts in key tourism areas, suchy as Bangkok, Phuket and Chiang Mai.

_2020-08-25
Vietnam’s eight operational casinos have doubled their revenue in the past three years, from VND1.19 trillion in 2017 to VND2.5 trillion in 2019, according to Ministry of Finance figures cited by local media. 

_2020-07-31
Las Vegas Sands Chairman and Chief Executive Officer Sheldon Adelson chose his words carefully back in May when he announced that his firm, considered by many observers to be the frontrunner among major IR operators, had pulled out of the Japan race....

_2020-07-28
Malaysia has opened its doors to online gaming companies and is offering generous incentives to firms that relocate, according to Philippine market re

_2020-07-23
Russia has approved legislation that will significantly overhaul its sports betting industry, imposing tax on bets placed on overseas events and extending financial obligations to all market participants. 

_2020-07-17
The legislative assembly in Russia's Primorye has temporarily lowered taxes for Tigre de Cristal as a relief measure over the Covid-19 outbreak, a loc

_2020-06-29
Presidential spokesman Harry Roque has warned Philippine Offshore Gaming Operators (POGOs) that they’d better pay all their taxes or else leave the

_2020-06-23
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.

_2019-12-11
Some lawmakers have grown concerned that the proposed policy on the taxation of casino winnings is too heavy-handed, and a settlement of the issue has been delayed until next year.

_2019-12-10
Osaka’s governing party has finalized its plans on how to divide IR local tax revenues in the event that the central government licenses the Yumeshima IR and its separate initiative to administratively merge Osaka prefecture and city is approved in...

_2019-11-28
Finance Secretary Carlos Dominguez has declared that the task force led by the Bureau of Internal Revenue (BIR) has wrung an additional PHP1.2 billion (about $25 million) in tax revenues from a delinquent POGO that was temporarily shut down in September.

_2019-11-27
Branches of the large POGO called New Oriental Club88 Corporation (NOCC) were shut down by the Bureau of Internal Revenue (BIR) after it was discovered that they had not registered to pay taxes.