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.
IS AN IRISH GAMBLING TAX HIKE ON THE CAR
Posted by Lenny S on 12.7.10 - The on again, off again spectre of higher tax again surfaces
The Irish gambling industry in general is closely watching moves by the cash-strapped government that could see gambling tax doubled during the budget presentation this week.
The Irish Times reports that the troubled Irish horseracing sector is hoping that Minister for Finance Brian Lenihan will provide more support through an increase in betting tax to 2 percent, and that the government will bring telephone and off-shore internet betting into the tax net. The latter is a course fraught with peril, with major internet gaming companies warning that they may be required to develop new business strategies in order to remain competitive, at the cost of jobs and tax revenues.
“Clearly it is a huge Budget for the country and major issues have to be addressed,” Horse Racing Ireland chief executive Brian Kavanagh said yesterday. “But from racing’s perspective it is important that all forms of betting are brought into the tax net, and then there is the question of the tax rate itself.”
The Irish Times reports that from a high of Euro 76 million, the Horse and Greyhound Fund finances have dropped to Euro 59 million this year, with betting tax bringing in only Euro 31 million. That meant Euro 28 million being added to the fund directly by the Exchequer.
A report by UCD economist Colm McCarthy, commissioned by organisations representing the racing and breeding industries, was presented to government last month in which McCarthy recommended a doubling of the betting tax rate to two percent.
Some off-course betting organisations have indicated they could go along with that but only if the tax is applied across the board to telephone and betting exchange turnover. Others, however, have warned of serious job losses on the back of such a move.
McCarthy’s report indicated such a move could generate up to Euro 70 million in revenue, which would mean a substantial, and in the current climate rare, increase in funding for a semi-state organisation like HRI.
An increase in betting tax was proposed in last year’s Finance Act but was held over until the issue of taxing offshore betting was addressed.
The racing industry supports an estimated 14,000 jobs in Ireland, receiving revenue from betting tax.
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Gambling News :
William Hill Chairman Not Stepping Down -
There are no plans for Gareth to step down. He is leading the CEO search process, which is well advanced, and is working with Philip Bowcock to deliver the key priorities for the business.
Canadian Lottery Looking at Online Gambling -
The reaction of other provinces is not known, but the Newfoundland and Labrador government was apparently less than enthusiastic about the prospect, which it did not regard as a priority.
Red Riding Hood Online Slot Launched -
The game, which has already attracted much preview interest, is part of the developers Fairytale Legends series, which the company plans to expand with further titles in 2017.
Super Heroes Slot Launches -
When the feature is triggered, two of the heroes appear on each side of the screen to boost winnings. During free spins, heroes are triggered on every spin, with their super powers growing stronger each time.
Playngo in Deal With Betclic Everest Group -
Swedish online gambling games developer Play’n GO has signed an agreement with the Betclic Everest Group that will see its full suite of games rolled out across the French group’s online casino brands.
2016 Italian Poker Tour main event in Malta -
After besting a field of 775, many of them respected aces, Austrian poker pro Ismael Bojang claimed the main prize of Euro 101,940 over the weekend in the eighth edition of the Euro 1,100 buy-in Italian Poker Tour main event in Malta.
Betradar in Deal with OPAP -
Sports betting data and analytics provider Betradar has inked a live betting supply deal with the major Greek licensed retail and online gambling operator OPAP.
2016 888poker Make It Big Tournament -
A relatively unknown Hong Kong poker player, Ka Him Li (21), claimed victory after a two-way chop in the main event at the inaugural 888poker “Make It Big” live poker festival at the Aspers Casino in London over the weekend, earning the top prize of GBP 45,300.
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.