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Italy Expects to increase annual tax yield from gaming
Monday November 23,2015 : ITALY’S SENATE PASSES AMENDMENTS IN GAMBLING LAW
Expects to increase annual tax yield from gaming industry to Euro 1,107 billion.
Italy’s proposed gambling law amendments are progressing through Parliament as they passed a Senate vote 164 for, 116 against and 2 abstentions at the end of last week.
The amendments for 2016 include an increase in the overall gaming tax expectation of Euro 1,107 billion which the Government aims to raise from a 2 percent increase in AWP taxes and a 0.5 percent increase on VLT’s. These taxes alone are expected to account for Euro 600 million.
The shortfall of Euro 507 million is expected to be raised through the renewal of contracts which expire in 2016 including 15,000 sports betting corners and shops, 210 Bingo Halls and 120 online gaming licenses.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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