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com used its own coverage of this award to report that the Cashpoint brand from German gaming machines giant Gauselmann Group as well as the domain at Tipwin. com have furthermore just been licensed to begin offering their services to punters in Germany. The source detailed that the Tolerance Policy directives are to additionally limit local play to those over the age of 21 and prohibit such punters from losing more than 20% of their maximum spend. Prominent professional services firm Affinity Group Limited has reportedly revealed that it has recently seen a spike in the number of Asia-facing iGaming providers expressing an interest in relocating from the Philippines to the Isle of Man.

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According to a report from Inside Asian Gaming, the Isle of Man-based company detailed that the rise comes after the government of President Rodrigo Duterte passed legislation last month that is to more than double the domestic tax rate for online gambling operators holding a Philippine Offshore Gaming Operator (POGO) licensespin palace australia login. The source explained that such firms will now be obliged to pay a 5% tax on turnover rather than the previous 2% duty on revenues with state-determined exchange rates utilized to calculate the local equivalent of any amount owed in a foreign currency. Coronavirus consequences:Affinity Group Limited offers a wide range of services that run from company formation and administration to the provision of tax efficiency and regulation compliance solutions and reportedly stated that the new regime is all part of an effort by the government of the Philippines to bring in at least 6. Online Casino 7 million in additional annual funds to help counter the nationwide impact of the coronavirus pandemic.

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