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.
Czech Warning on High Online Gambling Taxes
Friday August 31,2012 : CZECH GOVERNMENT WARNED ON HIGH ONLINE GAMBLING TAXES
Killing the goose that lays golden eggs?
The Czech government's predilection for continual tax increases on both online and retail gambling companies could result in a movement to more tax-friendly crimes, gambling companies warned this week.
The warnings followed the latest tax on Czech-based companies that run betting shops and online betting operations, implemented in January 2012 and justified by government as being required for the country to comply with European Union rules to reduce the Czech fiscal deficit to no more than 3 percent of gross domestic product next year from slightly higher than 3 percent last year.
Companies that take bets on sport events, political elections and similar propositions now pay a 20 percent tax on gross wins on top of a corporate income tax rate of 19 percent, the Wall Street Journal reports. The tax is nearly double that of Poland's 12 percent, and almost four times that of Slovakia at 5.5 percent.
Michal Veprek, CFO of the Fortuna Entertainment group - the largest betting operator in Central Europe, said that his company paid over Euro 4 million in taxes in the first half of 2012, placing the company at a competitive disadvantage with foreign rivals in the Czech market who paid nothing.
Chairman Wilf Walsh said taxes seriously impacted a company's finances, noting that although Fortuna posted a 15 percent annual increase in gross wins and a 10 percent annual increase in revenue from bets and lottery, net profit fell 35 percent on the year largely due to gambling tax.
He said that the company has established a Malta operation and is ready to switch to an offshore registration...not the company’s preferred option, but one that would lead to a lower tax bill and protect shareholder value while increasing the probable dividend pay-out.
“If the situation doesn’t improve by the next Annual General Meeting of shareholders, we propose [to move] operations to Malta,“ he said.
Fortuna also has a shell company in Hungary as an offshore platform closer to home, the CFO added.
“In case taxation worsens, we have a safe haven where to move,” he said.
Sales of diesel fuel in the country are already declining due to tax increases that have forced users to buy cheaper fuel in neighbouring countries, but the government remains adamant that more taxation - including a one percent rise in VAT and higher income tax on upper bracket earners - is necessary.
Economists have warned that the increases are likely to prove counter-productive in both the short and long run.
Gambling News :
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
The Railbird Launched By Americas Card Room #acra -
Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.
Huge Caribbean Hold’Em hit at Bovada Casino -
A progressive jackpot strikes again! This time it was at Bovada Casino, where a Texas player landed the top hand playing Caribbean Hold’Em over the weekend. A grand total of $119,348 was collected from the poker-inspired table game.
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.