Home Page Online Poker Rooms Casino Bonus Online Casinos Casino News Gaming News gaming News Gambling Articles World Series Of Poker No Deposit Bonus
Online Slots
        Gambling Affiliates     |     Gambling Guide     |    Slot Tournaments Finder     |     Poker Pros    |     Recentpoker Twitter
Online Casino
Biggest Casino Bonuses
$22 No Deposit Bonus
SlotsLV no deposit
Betonline Casino
$900 Signup Bonus
Betonline Bonus Code
Bovada Casino (Bodog USA)
$3000 Signup Bonus
Bovada Bonus Code
SlotsPlus Casino
$7000 SignUp Bonus
SlotsPlus First deposit bonus
$767 x2 Signup Bonus
Biggest Poker Bonuses
Bovada Poker (Bodog USA)
$1000 Sign Up Bonus
bovada poker bonus code
$88 No Deposit Bonus
888 Poker no deposit bonus
Party Poker
$500 Sign Up Bonus
PartyPoker no deposit bonus
BetOnline Poker
$900 Sign Up Bonus
Betonline Poker bonus code
USA No Deposit Bonus

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.


Bovada Casino Bonus Code

High Noon Casino no deposit bonus

ONLINE GAMBLING Big contributer to Malta Economy

10/13/09 - One of the more interesting articles published on Internet gambling over the weekend appeared on Sunday in the Malta publication Malta Today.
The newspaper interviewed Aj Thompson, the COO of Malta-based gaming company Tain, who claimed that in addition to being good tax-paying corporate citizens on the Mediterranean island, the online gambling industry contributes significantly to the domestic economy through its staff spending.


 Thompson pointed to official government numbers that indicated that the industry's direct contribution in the form of taxes was some Euro 15.6 million. However, the real contribution was more like Euro 30 million or more if the domestic spending of well paid staff was factored in to the equation.
The newspaper appeared to support this, introducing its editorial with the comment: "They’re single, live in flash apartments, and earn thousands of euros every month: iGaming employees live it up!"
Thompson said he arrived at the figure of Euro 30 million by referring to a study his company had recently conducted which showed that the added value left by industry employees in the local economy is generally the same as the amount gained by the exchequer in taxes.
Tain employs 46 people with an average age of 26, Thompson revealed. “A lot of them are single, rent out apartments on their own at higher budgets than usual, spend money on entertainment, clothes and other goods,” he said. Seventy percent of Tain's staff were Maltese - a considerably higher proportion than the average for the island, which is around 40 percent, he claimed.
Employing Maltese staff was preferred because local recruits tended to have stronger loyalty and were less likely to job-hop or leave, he explained, saying: “Maltese people are happier to stay in Malta.”
The online gambling executive warned that there was a risk that the industry could create what he called a 'false economy' on the island.
“When we got here, the average wage in other sectors was of Euro 800 to Euro 950, and we were paying Euro 1 400 to Euro 1 650,” he said. Nowadays, the average salaries at Tain stand at Euro 1 900-Euro 2 000 monthly for the junior staff, with more senior people earning around Euro 10 000 a month.”
Thompson also emphasised the flexible and highly mobile nature of the online gambling industry should local conditions make companies less competitive. “...this industry moves from one place to another, and it can," he said, adding that if the benefits of basing a business in a particular country are removed or changed, enterprises with mobility will inevitably consider other locations that allow them to remain competitive.
He illustrated the point by commenting that the removal of VAT advantages had hurt a number of players "...because it’s 18 percent we’re talking about.”
To give an idea of how fast the industry can move, Thompson recalled how he relocated Tain Operations from Curacao, in the Caribbean, to Costa Rica overnight. He named Albany, Gibraltar, Isle of Man, Costa Rica, Curacao, Antigua and Australia as possible alternative licensing jurisdictions.
The number of iGaming companies registered in Malta has reached 330, employing around 2 500 people, the article revealed. Retailing and property letting experts estimated the added value left by this new population of employees to be very high, it noted.
Federation of Estate Agents President Ian Casolani told the newspaper: “Scarily enough, the rental market very much depends on iGaming employees nowadays, with budgets that range from a minimum of Euro 350 to Euro 6 000 per month." The norm, says Casolani, ranges between Euro 600 and Euro 1 000 monthly.
Philip Fenech, president of the island's tourism sector, told Malta Today that the contribution to the domestic economy of iGaming employees “ very, very substantial”.
“Much of the money earned by staff in this sector goes through our system – bars, hotels, supermarkets and other retail establishments, Fenech said. "Although the [global financial] crisis hit many sectors, gaming was minimally hit. My reports are that these temporary foreigners are considered to be tourists on a long holiday, when one considers the way they spend in leisure. My reports come from gyms, restaurants, fashion outlets, supermarkets, clubs and other forms of leisure.
"They live it up here. They produce wealth and they enjoy wealth.”

Exclusive Bonus - Limited Time - Claim our exclusive 125% bonus to Slotsplus Casino. Its easy to do. Visit Slotsplus and before making your first deposit use our exclusive bonus code OFFSUIT in the cashier before your first deposit. Visit Slotsplus Now.

Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.

Gambling News :

Phil Ivey Loses Borgata Casino - Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.

NYX Gaming in deal with Endemol - "Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”

NEW CAMBODIAN GAMBLING LAWS - After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.

Congress To Review US SportsBetting Restrictions - Did the American Gaming Association’s campaign influence the decision to take another look at the 1992 Professional and Amateur Sports Protection Act?

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.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

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.

  Top 6 Poker Sites - Editor’s Pick
Poker Room
Bovada Poker
BetOnLine Poker
None Needed
None Needed
Fulltilt Poker Bonus Code Fulltilt Poker
None Needed
$10 ND
888 pacific poker 888Poker
None Needed
PartyPoker PartyPoker
  Top 6 Casino Sites - Editor’s Pick
SlotsPlus Casino
$20 ND
Bovada Casino
MapleCasino Bonus Code MapleCasino
None Needed
Free Spins
$22 ND
Buzzluck Casino
$33 Nd

Casino No Deposit Bonus Copyright © 2004-2016 | | All Rights Reserved. Copyscape Protected No Deposit Bonus Codes

Please Note : Gambing might not be legal in your area. We bring you as an information and gambling news site only. We hope that you find all the information and gambling news found in to your liking. Please tell your friends about us and visit us again soon.