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Antigua Gambling no new tax regime or licensing fees

ANTIGUA REGULATOR HASTENS TO REASSURE ONLINE GAMBLING LICENSEES (Update)
 
No new tax and licensing fees regime will be imposed without full consultation, officials promise.
 
Perhaps stung by criticism of its new tax proposals during its recent consultative meetings with the few operators it has left  the Antigua and Barbuda regulator has hastened to reassure licensees that no new tax regime or licensing fees will be imposed without full consultation.
 
The Financial Services Regulatory Commission (FSRC) said in a statement late Friday: “The Commission is fully aware of the consequences of imposing any tax that has not been discussed and agreed upon by all relevant stakeholders.”
 
The statement said that last week's consultative session was “....one of many discussions to be held regarding this matter”, and emphasized that there have been no changes to online gambling regulations other than the creation of a new Gambling Authority to oversee the entire sector including online services in terms of the new Gambling Bill 2016.
 
According to local media reports the statement advised that the Commission was currently investigating the possibility of revising the current licensing fees, with the introduction of concessionary rates for new companies, but that these were still just proposals.



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League of Legends Live Odds - This week, Betradar, the premium partner for the betting industry worldwide, has officially launched live odds for League of Legends, developed in conjunction with esports big data specialists DOJO Madness.

JETS Media Traineeship awarded to Shelley Birkett and Jason Kiely - The 10-week RMG – JETS Media Traineeship will cover all aspects of the media, including presentation, punditry, production, digital, marketing and PR.

Comunio in deal with - One of the leading providers of fantasy sport across Europe, Comunio, has kicked off its pre-season build up by signing a transfer deal that will see Sportradar

McGregor’s Odds vs. Mayweather Get Even Shorter - Conor McGregor is still the underdog for his August 26 superfight in Las Vegas with Floyd Mayweather Jr., but his odds are improving. McGregor has shortened from +375 last week to +350 at press time, with Mayweather moving from –550 to –500.

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