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ECJ PULLS UP SPAIN ON GAMBLING WINNINGS TAX
10/7/09 -The European Court of Justice has found that a Spanish government tax law on gambling winnings to which the European Commission had objected, is flawed and discriminatory.
In a decision handed down on October 6 in Case number C153/08, the ECJ first chamber ruled against Spain concerning its tax exemption related to winnings.
The case was referred to the ECJ by the European Commission and concerned legislation taxing winnings from all types of lotteries, games and betting organised outside the Kingdom of Spain. However, winnings from lotteries, games and betting organised within Spain by certain not-for-profit or social welfare bodies were exempted from the tax.
The Advocate-general's conclusions were that the action should be partially accepted. By maintaining in force tax legislation that does not apply to public bodies and entities that carry out activities of a social or not-for-profit nature established in another member state and pursuing the same objectives as the Spanish entities concerned, Spain had failed to respect the freedom to provide services and infringed the principle of non-discrimination on basis of nationality, the Court found.
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Gambling News :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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