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Nagaland Publishes its Own Online Gambling Regulations
INDIAN PROVINCE PUBLISHES ITS ONLINE GAMBLING REGULATIONS
Operator applicants welcomed in Nagaland.
Nagaland, one of two Indian provinces that have legalised online gambling, has published its regulations under the Nagaland Prohibition of Gambling and Promotion and Regulation of Online Games of Skill Rules, 2016.
The regulations make it possible for the government to press ahead with the issue of licenses, and operators who wish to licence in the province may now submit applications.
Licence requirements include an application fee of Rs. 50,000 ($740) and compliance with regulations that require that the controlling stake of the enterprise and the location where executive decisions are made must be within India.
In addition a licence fee of Rs. 1 million per game per annum, or Rs. 2.5 million per annum if the applicant offers a variety of games, is payable, along with a gaming tax of 0.5 percent of GGR.
Industry experts have observed that the hefty fees and taxation are likely to deter many operators.
In related news and still in India, the Sikkim province, which was the first to licence and regulate online gambling, has spared the vertical from new regulations it has imposed on the provinces two land casinos.
The regulations double entry fees to the casinos from Rs. 500 ($7.5) to Rs. 1,000, and ban local residents from entry by requiring that those entering the casinos produce ID issued outside the Sikkim province.
The land operators are reportedly not happy with the changes, which they saw will adversely impact their local business.
$75K Win on Mobile Slot @ CafeCasino -
Café Casino’s mobile slot, Achilles, paid out in a big way over the weekend. A player from Pennsylvania, Rob J., triggered the game’s free spins mode by landing three scatters.
2017 Punta Cana Poker Classic Results -
The 2017 Punta Cana Poker Classic is now in the books and players are returning home after a week-long poker celebration. And after a major final table deal, two players have the most reason to celebrate. Roberto Carvallo ultimately won the tournament after negotiating a final table deal with Jamin Stokes.
NHL Odds: Winnipeg Jets vs. Minnesota Wild -
Blake Wheeler and the Winnipeg Jets will attempt to get two points closer to the Central Division lead on Tuesday, as they take on the Minnesota Wild on the road. The Jets have started strong, and sit in second place in their division. Led by RW Blake Wheeler, the Jets look like a team that could make some noise in the West this season.
Historic weekend at Americas CardRoom -
ACR ran two $1,000,000 guaranteed tournaments last Sunday for the first time in their history; a $2,100 high roller for the BOSS Main Event and a $540 buy-in Million Dollar Sunday. They were both on the last day of the $14 Million OSS Cub3d.
WPN Affiliates Headed to Berlin Affiliate Conference -
With the Berlin Affiliate Conference just over a week away, WPN Affiliates is making a bold statement. The online poker affiliate network announced that they are eager to buy traffic and ready to make deals with affiliates looking to capitalize on some big innovations.
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