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More Info On Portugal Online Gambling Legalisation
Saturday October 12,2013 : MORE ON PORTUGUESE ONLINE GAMBLING LEGALISATION (Update)
Speculation that high tax rate could hamper market development.
Last week's report on the Portuguese government's enquiry into the pros and cons of legalising and taxing online gambling has been followed by confirmation in a Poker News Portugal piece.
The information site reports that Portuguese State Minister Paulo Portas has revealed that online gambling regulation could be regulated and taxed as early as 2014, and that estimates of this potential 'virtual income' have been included in the draft Portuguese budget.
The Portuguese economy is battling through the recession and has received billions of Euros in bail-out cash from the European Central Bank, and additional tax revenues are therefore a priority.
Poker News Portugal reports that the possible tax rate indicated by the government is high at around 20 to 25 percent, which is in line with that of other European nations, but has been criticised as restricting growth and prosperity in online gambling markets.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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