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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. For The Cordish Companies, they are in the process of opening land-based casinos in Philadelphia and Pittsburgh. The deal includes quality titles like Starburst and Divine Fortune....

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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) license. It was a priority of PlayLive! to partner with the brand.NetEnt Vice President Commercial, Americas Brian Kraft commented on the new launch by stating: “PlayLive! will be a major contender in Pennsylvania’s online market and we’re proud to be supporting The Cordish Companies with this new venture....

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Combined with the recent Tolerance Policy, we can now look confidently to the future, building on our position as a market leader by delivering an unparalleled and innovative experience for our German customers. The much-anticipated regulation of online gaming in Germany re-enforces our position as the most globally regulated and responsible operator in our industry. Casinos in the state are required to have a physical presence to operate online gaming services....

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NetEnt now has an even stronger market position in Pennsylvania, where the brand’s games have proven to be a big hit among players. It was last year when the supplier went live in the state.NetEnt Vice President Commercial, Americas Brian Kraft commented on the new launch by stating: “PlayLive! will be a major contender in Pennsylvania’s online market and we’re proud to be supporting The Cordish Companies with this new venture....

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The much-anticipated regulation of online gaming in Germany re-enforces our position as the most globally regulated and responsible operator in our industry. These venues are still being constructed.Players in Pennsylvania can enjoy the NetEnt content by visiting PlayLive! via desktop, Android or iOS devices....