‘Gambling - Lottery’ Archives
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Denmark To End Gaming Monopoly
In Denmark, the Government has announced plans to end the 60-year gaming monopoly held by State-owned organisation Danske Spil and implement a partial and regulated liberalisation of the market.The Government revealed last week that its decision would afford better protections to players and guarantee future revenues for numerous social [...]
Government To Offer License For NSW Lotteries
In Australia, New South Wales has announced that it intends to offer a long-term exclusive license for the distribution of the state’s lottery products following a detailed strategic review of the operation.Eric Roozendaal, Treasurer for Australia’s most populous state, revealed that the Government would retain the New South Wales Lotteries’ [...]
Portugal Referred To Court Of Justice
The European Commission has decided to refer Portugal to the European Court Of Justice over income tax provisions that see the vast majority of foreign lottery winnings taxed while domestic prizes remain exempt.Under past rules, income earned in Portugal in the form of prizes or winnings from competitions, games or gambling was subject to taxation [...]
Jaxx Starts 2009 With Cautious Optimism
Despite beginning the week by announcing that it had written down €15 million in investments in its domestic operations due to the implementation of the German State Treaty On Gaming, lottery service provider Jaxx AG is remaining optimistic.The Altenholz-based firm has announced that, despite the deterioration of the domestic market, it is [...]
