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Dutch Say Tax on land and online gambling should be the same
Tuesday January 5,2016 : DUTCH PARLIAMENTARIANS SAY TAX ON INTERNET AND LAND GAMING SHOULD BE THE SAME (Update)
Coalition parties VVD and PvdA submit a proposal to the Tweede Kamer (lower house of parliament) for a uniform tax rate for gambling.
The lugubrious progress toward online gambling legalisation in the Netherlands took another cautious step this week with the news that Coalition parties VVD and PvdA have submitted a proposal to the Tweede Kamer (lower house of parliament) for a uniform tax rate for both internet and land gambling of 29 percent of GGR.
The Dutch newspaper Telegraaf recalls that the Cabinet’s previous plan proposed that online gamblers pay a lower gaming tax of 20 percent than those who gamble in actual casinos, a suggestion that De Tweede Kamer saw as unfair and inequitable.
The publication NL Times opines that the government expects that legalising online gambling will bring in more tax revenue, enabling the tax rate to be reduced to 25 percent over the initial three years.
A recent study by Motivaction revealed that Dutch punters wager nearly Euro 500 million at online gambling sites on an annual basis.
The government remains hopeful that its slow-moving new legislation on online gambling will come into effect this summer although there are market doubts that this is achievable. The current laws date back 50 years, before the advent of the Internet.
The Telegraaf reported back in April last year that more than 200 companies have expressed an interest in a licence to offer online gambling in the Netherlands. Gambling regulator Kansspelautoriteit estimates people in the Netherlands spend between Euro 250 million and Euro 800 million on illegal online gambling every year.
The draft proposals also state the licence holders will have to contribute to a special fund to help gambling addicts. In addition, there will be a national register of players who break self-imposed limits and will be banned from playing.
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.
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Microgaming has donated £30,000 between four charities -
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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.
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