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.
Spanish Online Gambling Losing Money
Wednesday October 2,2013 : JDIGITAL STUDY PAINTS A DISMAL PICTURE OF SPAIN'S ONLINE GAMBLING
Independent Deloittes study shows that online gambling sector lost Euro 72.5 million in its first year of regulation.
High taxation has been identified as the main reason for substantial overall losses that online gambling operators have suffered in the first year of Spain's regulated market regime.
The trade association JDigital commissioned an independent study by the Deloittes professional business services organisation, the results of which confirm that online casino operators in Spain sustained overall losses of Euro 72.5 million in the first year of regulation.
That was despite significant marketing investments that generated revenues of Euro 234 million over the period June 2012 to June 2013.
Deloitte concluded that the principal cause for the losses is high government taxation, which can rise to 25 percent of gross revenue in some cases.
In trying to make a profit in a competitive market, operators invested Euro 125 million in marketing and sports sponsorships.
Deloittes did not take into account the Euro 150 million that applicants for licenses were initially required to pay in a back-dated and very questionable tax demand from the government early in the licensing process , which would push the tax burden even higher if included.
Reporting on the study to an association of Spanish businessmen last week, JDigital president Sacha Michaud referenced similar overly high taxation problems that have plagued the French online gambling market, warning that over-taxing operators there has diminished the market significantly and driven operators away.
He offered suggestions on how Spain might avoid a similar flight of operators from the market, including a reduction in tax to 10 percent in line with that imposed by regional authorities; tax incentives to encourage operators to create more employment; tax breaks on technological investment; and measures to ease the burden of value added tax.
Michaud highlighted Deloittes calculations that show that, had the government adopted more lenient tax requirements like this from the start, the overall losses currently being experienced would be 10 percent rather than the current 30 percent.
Supporting Michaud in his presentation, Deloitte exec Marcos Rio opined that sensible taxation had the potential to create more wealth and more jobs if government adopted the suggestions offered.
Gambling News :
$400k Winner at Bodog Casino -
To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.