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OHIO TOWN INTENDS TO TAX ONLINE GAMBLERS
The Lisbon Village Council in Ohio has apparently decided that whilst the regulation and licensing of online gambling is not favoured, taxing it's lucky residents who win at the pastime is OK.
According to reports in the Salem News this week, the Council updated its tax laws recently to ensure they were compliant with Ohio law. Village Solicitor Virginia Barborak revealed that one new provision in the tax code will allow any money won as a result of online gambling to be taxed at 1.5 percent, which is the same amount at which other forms of income are taxed.
"The last time our tax code was updated, online gambling really wasn't a factor," she said.
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Gambling News :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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