Posts Tagged ‘Tax’
Ireland Threatens UIGEA-Style Ban
In Ireland, the Minister for Arts, Sport And Tourism has threatened to ban online betting unless bookmakers contribute more money to the Exchequer for the controversial Horse And Greyhound Racing Fund.According to a report from The Independent newspaper, Martin Cullen revealed that the Government was planning to cease subsidising the Fund, which [...]
Parlay Okay Despite US Exit
Leading Canadian online bingo solutions developer and supplier Parlay Entertainment Incorporated has released its full-year financial results, which show a drop in revenues due to its decision to exit the US market.Total revenues for the twelve months to the end of December were reported at $6.89 million, which was a drop of one percent from 2007, [...]
Australia Continuing Filtering Plans
The Australian Government is continuing with plans to impose a mandatory Internet filtering system that would block over 10,000 websites including popular online poker sites such as FullTiltPoker.com and PokerStars.com.The proposals include the creation by the Australian Communications And Media Authority (ACMA) of a blacklist of sites purveying [...]
Sportech Submits VAT Claim
Sportech, the British operator of The New Football Pools, has submitted a claim to HM Revenue And Customs (HMRC) for more than £40 million in overpaid value-added tax (VAT) over its Spot The Ball game.Spot The Ball involves players trying to place the ball missing from an action football photograph with Sportech contending that it is a game of [...]
888 Profits Increase Six Percent
Gibraltar-based online gaming operator 888 Holdings has announced its financial results for 2008 showing a six percent increase in profits before tax to $48.6 million.It reported earnings before tax for the year ending in December rose 23 percent to $55.7 million while its total operating income increased 21 percent to $262.5 million.Revenues from [...]
