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Portuguese government Lottery Tax Discrimination
After months of haggling with the Portuguese government over its discriminatory tax practices on lottery winnings, the European Commission has referred the issue to the European Court of Justice for a judicial ruling.
The row has its roots in the Portuguese government's insistence on taxing foreign lottery winnings whilst domestic prizes remain exempt, thus prejudicing lottery providers outside the country in contravention of EU principles.
The discriminatory taxation was to some extent reduced last December following a "reasoned opinion" from the Commission , when the government exempted winnings from the European EuroMillions network, which includes EuroMillions lotteries from Belgium, France, Ireland, Luxembourg, Portugal, Spain, the UK and Switzerland. However, this apparently did not go far enough as it did not embrace all foreign state lotteries.
The Commission reiterated in a statement that - in its opinion - the current tax practices of the Portuguese government on lottery winnings remained in conflict with the European Commission Treaty, restricting competitive services. It rejected a counter argument that the discrimination was necessary to combat problem gambling, and the matter will now be judicially argued and decided.
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Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
Why is FullFlush Poker Still Down -
Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.
Time Running Our For Pennsylvanian online gambling -
Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
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