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Closed market:Inside Asian Gaming reported that almost all iGaming is currently prohibited in Macau with the sole exception of a few soccer and basketball-themed sportsbetting games operated by Macau Slot Company Limited.pply:Macau is home to some of the world’s largest and most famous gambling venues including the iconic Casino Grand Lisboa from SJM Holdings Limited with all of these properties reportedly required to pay a gross gaming revenues tax that typically hovers at around 39%.The gambling regulator for the South American nation of Colombia has reportedly published measures that are to regulate the temporary legalization of online scratchcard and bingo games....

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Macau’s government [should simultaneously] establish official standards and regulations on interactive gaming and develop interactive gaming software in order to increase revenues from gaming tax and further develop gaming industries in Macau.Coutinho reportedly proclaimed…“It is suggested that Macau should introduce interactive gaming.According to a report from the news domain at iGamingBusiness....

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Although such entertainment will be exempt from existing gaming duties and taxes, organizers will purportedly also be compelled to return 58% of any stakes and pay a 12% turnover tax.The highly anticipated 2020 Battle of Malta live event was originally scheduled for October but was postponed due to the ongoing COVID-19 pandemic.GGPoker, flagship online poker skin of GGNetwork, together with Battle of Malta organizers Casino Malta by Olympic Casino have announced they will host the 2020 version of the popular festival in November....

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Coutinho reportedly proclaimed…“It is suggested that Macau should introduce interactive gaming.Lenient levy:The news domain reported that bingo operators offering their contests online are to now be additionally obliged to ‘take measures to restore the game to its last known state’ should a video stream be temporarily interrupted or offer complete refunds if this is not possible.Coronavirus closures:Colombia is a nation of over 50 million inhabitants and reportedly shuttered every one of its land-based gaming outlets in March as a direct result of the ongoing global epidemic....

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Macau’s government [should simultaneously] establish official standards and regulations on interactive gaming and develop interactive gaming software in order to increase revenues from gaming tax and further develop gaming industries in Macau. This levy provided around 90% of the city’s total income last year although local casinos recently experienced five consecutive months of coronavirus-induced downturns in which their aggregated takings fell by at least 90% year-on-year. Most of these venues purportedly remain closed with only select few in the city Medellin having so far re-opened following criticism from the industry and the submission of a petition said to have featured some 17,000 signatures....