MACAU EXPECTS TO COLLECT US$6BN IN GAMING TAXES
Full year forecast for casino taxes halved due to the negative impact of the Covid-19 outbreak. Macau.- The government expects to collect MOP49.98 billion (US$6.26billion) in taxes from the city’s gaming industry this year. The forecast comes from a revised…
MACAU TOURISM TAX PROPOSAL A CASUALTY OF COVID-19
It’s tough to talk about, but there are some silver linings to this pandemic. Less traffic on the road, the air is a bit cleaner, and Macau is moving away from a tourist tax. Macau Business reports the Macao Government…
GERMAN FOOTBALL KICKS OFF AGAIN THIS MONTH
Bundesliga becomes the first major European sport to return to action following the Covid-19 outbreak. Germany.- The Bundesliga, the German football league, is the first major sports organisation in Europe to resume activities following the Coronavirus pandemic. The season will be played behind…
ANTI-POGO BILL FILED BY LAWMAKERS
Anti-POGO bill would ban all Offshore Gaming Operations from the country. Philippines.- Philippine lawmakers have filed a bill labelled the Anti-POGO bill, designed to ban Philippine Offshore Gaming Operations (POGOs) from the country. Led by House Minority Leader, Bienvenido Abante…
TOKYO 2020 OFF IF PANDEMIC NOT OVER
Tokyo 2020 President, Yoshiro Mori, said the Games would be scrapped rather than postponed for a second time. Japan.- The postponed Tokyo Olympic Games will be cancelled if the global Coronavirus pandemic is not brought under control. This year’s Olympic Games were…
SPORTS BETTING IN NIGERIA
Peter Situma This is due to increased availability and accessibility to smartphones and internet connection in Nigeria as it is in most parts of the globe. This trend has attracted numerous betting sites which offer Nigerian punters incredible offers…
MACAU GGR DOWN 96.8% IN APRIL
Macau’s gross gaming revenues plummeted by 96.8% year-on-year to just MOP$754 million in April, according to data released by the Gaming Inspection and Coordination Bureau. The result, largely in line with dire estimates put forward by analysts, comes after Guangdong…
IGAMING USE CASES ON BITCOIN
Jon Southurst The legendary gambling centers of Las Vegas and Macau are suffering from lockdowns triggered by the COVID-19 pandemic. With their immediate and longer-term futures looking uncertain, it’s time to talk again about the “iGaming,” or online gaming industry. Bitcoin SV (BSV) is…