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GREEN PARTY OPPOSES BETFAIR TAX BREAK
With the balance of power in Australian politics, the Greens demand attention
The proposed tax deal between the Tasmanian government and the Australian operations of online gambling giant Betfair appears to have run into trouble, with Green Party politicians protesting that the special arrangements will syphon funds away from essential services.
Earlier this year the Tasmanian government tabled a bill suggesting a reduction in Betfair's tax level which would reduce its contribution to state coffers from A$8 million to A$2 million.
This week the Green's treasury representative told parliament that the tax cuts would inevitably lead to government making up the shortfall by reducing services or increasing taxation elsewhere.
"We should not be having taxation by negotiation in this state, the government has a responsibility for setting rates of taxation and they should not be negotiated away at the drop of a hat or at the call of any particular business," he said.
Tasmanian Treasurer Michael Aird defended the proposal, saying that his budget clearly outlines the reduced tax revenue involved in the Betfair deal.
"The level of fees and licences and taxes relating to that arrangement with Betfair would incur loss of revenue to the state. The figures in the budget are a very clear indication of our estimate of the revenue that we expect from Betfair," Aird said.
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 -
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