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Call For level Gambling Taxes in Holland
Friday August 23,2013 : CALL FOR A LEVEL PLAYING FIELD IN HOLLAND
Arcade owner says taxes are skewed and too high
The publication Intergame carried an interesting interview with arcade gaming company JVH's chief executive, Eric Olders, this week in which he called for a level playing field when the Dutch government implements its online gambling regulations.
Olders said that gambling law in the Netherlands was in need of change to keep pace with the modern industry and technology, commenting:
“The key for the future is the law and the way that the law shapes the market.
“We need a level playing field. The law is too strict in terms of product innovation and the tax rate – 29 percent for offline, 20 percent for online – is illogical and obviously too high.
“If we want to compete fairly with Holland Casino or new entrants on the online side, it is essential we all have the same obligations but also the same access to products.
“Hopefully the new law will evolve quickly and the present administration will remain in place to see it through; we don’t want to go back to square one.”
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Gambling News :
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
Team Hot Launches -
#teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.
Netent Q3-2016 Earnings Report -
#netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.
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