No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
WHAT CONSTITUTES A REASONABLE LEVEL OF ONLINE GAMBLING TAX ?
Written On 4/5/11 By Emily Apontif :
Consultancy makes recommendations after studying three European markets
The respected online gambling consultancy H2 Gambling Capital has concluded a survey of three separate European regulatory regimes in a bid to assess a level of taxation that will attract operators but at the same time deliver reasonable taxation value to the nations concerned.
The company studied the markets in Italy, France and the United Kingdom, coming to the conclusion that taxation on gross profit at over 15 percent is unlikely to render the best results in terms of bringing in operators or satisfactory tax income.
"The percentage of a nation's remote gambling demand that is catered for a by a dot.country scheme is maximised with a lower rate of gross win tax applied to all product verticals," H2 reports.
"Under a 5 percent gross win tax, after five years 95 percent of a country's market is likely to be captured by the dot.country scheme, whereas at 20 percent, this would fall to approximately 60 percent."
H2 also examined the relationship between gross profit tax and taxation rewards, noting that each percentile increase in tax rate on average delivered only a 0.5 percent rise in the tax harvested, resulting in a situation where the higher the tax rate, the lower the return for the taxman.
This phenomenon reaches a tipping point at the 15 percent level, where the tax income declines as operators either opt out of regulation or decide not to enter the market in question.
French tax officials will presumably be particularly interested in the results of H2's professional assessment; the high French levels of taxation have been roundly criticised, with several major online gambling groups electing to stay out of the French liberalised market, and a review of the liberalisation process due later this year.
The example of the United Kingdom, where major groups like Ladbrokes, William Hill and Betfair have taken or are taking their internet divisions elsewhere, joining many Brit companies in jurisdictions like Gibraltar, should present an object lesson on the impact of too-high taxes on the fortunes of companies in a fiercely competitive industry.
Spain and Greece are in the throes of introducing regulatory and tax regimes, producing several false starts in terms of inflated tax proposals in recent months, whilst Denmark has set its sights on a 20 percent of gross profits rate for its contentious regulation of online gambling scheduled for implementation in late 2011.
With regulatory regimes developing in Europe on a nation-by-nation basis, and promising possibilities shaping up in the United States, the H2 survey constitutes a timely and useful contribution to the international debate.
Gambling News :
Alegriabet Finally Launches -
Our online betting site will deliver a full, market-leading suite of services including pre-match and live betting as well as virtual sports
International Table Tennis Federation in deal with Sportradar. -
The International Table Tennis Federation (ITTF) has today announced it has signed a brand-new integrity partnership with Sportradar utilising the organisation’s world-leading monitoring, intelligence and prevention solutions to help safeguard the sport against match fixing.
NBA odds on Thunder vs. Pacers Game? -
This Wednesday night in Indianapolis, Paul George is due to play his first game at the Fieldhouse as a member of the Oklahoma City Thunder (12-13 SU, 8-17 ATS). But George might not face the Indiana Pacers (15-11 SU, 16-10 ATS); he’s listed as day-to-day with a right calf contusion. Tip-off is at 7 PM ET on ESPN.
2 New Christmas Slots For Microgaming -
Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.
SportsBetting Supreme Court Showdown -
Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)
NBA Odds: Heat Can Burn Cavaliers in Cleveland -
The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.
Games Concept Day in Malta -
The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.
AFC’s fight against match-fixing -
The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.