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Meanwhile, research recently released by the American Gaming Association (AGA) found that more than 33 million American adults plan to wager on the 2020-21 NFL season, with a greater number of bettors intending to place NFL wagers at both online sportsbooks and brick-and-mortar gaming venues than in 2019. However, it will be interesting to see how it all plays out in light of the pandemic, which, since mid-March, has put most sports in the U. S. book of dead free spins no deposit Crypto Casino Uk Vjcf on hold, resulting in “bubble seasons” and opt-outs, and as sports fans report “generally lower enthusiasm” for what has been called “the protest season” by Pete Carroll, coach of the National Football League’s (NFL) Seattle Seahawks. In the Philippines and President Rodrigo Duterte (pictured) has reportedly signed a piece of legislation into law that has been designed to more than double the amount of tax collected from domestic holders of an offshore gaming license. According to a report from Inside Asian Gaming, the new Bayanihan to Recover as One Act is to require iGmonopoly slots diceaming firms possessing a Philippine Offshore Gaming Operator (POGO) license to pay a 5% tax on turnover rather than revenues with an official exchange rate utilized to calculate the local equivalent of any amount owed in foreign currencies.

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Serious sanctions:This new franchise tax is to be applied to the higher of either a local iGaming operator’s monthly gross turnover or a pre-arranged revenue minimum. The source detailed that the revised structure has been designed to bring in more cash so as to help fill an estimated . 4 billion shortfall in the Asian nation’s coronavirus relief fund and moreover lays out penalties that could eventually see non-compliant firms unceremoniously stripped of their POGO licenses. Community care:Philippines Senator Franklin Drilon reportedly used an interview with local radio broadcaster DWIZ to assert that the new measure is destined to take this year’s tax contribution from POGO license holders up to approximately 1. free 777 slot machine games 2 million with the extra cash earmarked for use ‘to fund the various types of assistance’ for sectors recently impacted by the coronavirus pandemic. xbox 1 casino games Current crackdown:The Philippines last month reportedly allowed only 29 of 60 firms that had previously held a POGO license to re-open following the lifting of a nationwide coronavirus-induced lockdown.

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