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Further details on proposed online gambling taxation in Russia
Monday April 11,.2016 : RUSSIAN FEDERAL TAX MOVES CONTINUE (Update)
Duma website gives more details on online tax proposals.
Further details on proposed online gambling taxation in Russia have been revealed on the national parliament's (Duma) website, confirming earlier reports of hefty taxation hikes
The new tax rate for online bet processing centre (TSUPIS) betting operators will be up to RUB 3 million (US$45,000).
In cases when the tax rates are not determined by the laws of a particular province or region, a bookmaker will have to pay a tax of RUB 2.5 million per TSUPIS.
Players with wins below RUB 4,000 will not be taxed, but bookmakers will have to act as tax collectors for wins above RUB 15,000 under the legislation, which is expected to become effective early in 2017.
Meanwhile, the publication Russkaya Planeta (Russian planet), has reported that Russian MP Ilya Kostunov of the ruling United Russia party is preparing a bill that will ban online betting across the nation. Kostunov claims that his motivation is to protect underage and problem gamblers.
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.
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