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.
DO Australian Internet Bookies have a tax advantage
Tuesday May 6,2014 : TABCORP CHIEF LAUNCHES ANOTHER ATTACK ON INTERNET BOOKIES
They have a tax advantage and don't contribute to the racing industry, says Attenborough.
The head of the Australian online and land betting group Tabcorp has launched another attack on the internet bookmakers who represent an increasingly powerful competitive challenge for his company, claiming that they pay little tax, make only small contributions to the racing industry and rely on extending credit to their betting customers.
Speaking at the Asian Racing Conference in Hong Kong on Tuesday, Attenborough said online bookies were taking advantage of a "fundamentally uneven playing field" and threatened the sustainability of the racing industry.
Attenborough claimed that Tabcorp took in about A$9 billion in bets in Victoria and NSW in 2013 and returned about $657 million to the racing industry - a proportion of about 7 percent. In the same period online bookmakers returned about 2 per cent of the $5 billion they received in bets.
He added that Tabcorp contributed $225 million in taxes to NSW and Victoria, whereas in the Northern Territory, where bookmakers each have a cap of $250,000 in wagering tax, the territory only collected $2.5 million.
The Age newspaper reports that Racing Victoria is considering an increase in the fees paid by bookmakers to boost its falling revenues. Bookmakers pay 1.5 percent of turnover on racing, with the fee increased to 2 percent for premium races like the Melbourne Cup and Cox Plate.
One proposal has the fee rising to at least 2 percent for most races and 2.5 percent to 3 percent for the premium events. Another proposal could even be a return to charging fees based on gross revenue, or profit, rather than flat turnover.
Chris Downy, who represents online bookmakers like Sportsbet and Bet365 as chief executive of the Australian Wagering Council, was not sympathetic to Attenborough’s speech, The Age notes.
He said that Tabcorp’s larger tax contribution was a consequence of being the monopoly retail operator in NSW and Victoria. Although turnover at retail outlets is declining, in 2012-13 it still represented about $6.8 billion of bets for Tabcorp.
“Tabcorp currently has a 44 percent market share in Australia, largely on the back of the monopolies it enjoys for retail wagering in Victoria and NSW,” Downy said, accusing the betting giant of being hypocritical, given its online venture Luxbet, which has annual turnover of about $700 million, and also takes advantage of the NT’s regulatory regime.
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.