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Czech Republic to offer online gaming
Wednesday April 16,2014 : CZECH GOVT DRAFTING ONLINE GAMING BILL
To boost tax revenue
Czech Deputy Finance Minister Ondrej Zavodsky revealed in an interview with Bloomberg this week that the Finance Ministry is in the process of drafting a bill that would boost tax revenue's by permitting all gaming operators in the Czech Republic to offer online gaming.
Separate tax rates will apply for different types of gaming to augment the Government's current take of around 8 billion koruna (approx. $400 million) in gaming industry tax revenues per annum.
“We need to create an environment that will allow us to tackle hardcore gaming like slots or table games,” Zavodsky said. “The indirect costs for the state stemming from such gambling are several times higher than the revenue it collects. That should be made even.”
The draft bill, which is expected to come into force during 2016, is expected to levy a higher tax rate on casinos and slot operators than that of the 20 percent that lottery operators currently pay.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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