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League of poker amateurs For Russian Online Poker

Wednesday September 10,2014 : REALPOLITIK IN RUSSIAN ONLINE POKER
 
But who is this mysterious league of poker amateurs?
 
Setting industry tongues a wag Tuesday was an unsourced report  claiming that an unidentified Russian "league of poker amateurs" has grabbed the government bull by the horns and suggested a deal through which online poker would be legalised in return for paying handsome taxes to Putin's coffers.
 
The news comes on the heels of official reports from the Russian Office of Prosecutions claiming that the government clampdown on illegal gambling has been successful, which many unlawful venues shuttered and almost a million slot machines seized
 
The mysterious league of poker amateurs has reportedly made a proposal to the Ministry of Finance that barters legalisation for payment of a 13 percent tax on player winnings going forward, and a 20 percent tax paid by operators annually on their overall revenues.
 
The proposal is accompanied by suggested licensing and regulatory requirements intended to exclude criminal activity, minors and problem gamblers, along with ID requirements that involve punters having to prove their identity and age through the presentation of passports.
 
"The league hopes that the new legislation would also clarify whether Russians gamblers may have access to foreign online gaming platforms," Poker777 concludes.

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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.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

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.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

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.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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