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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. 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.Gardner reportedly proclaimed…“The Philippines has historically been a jurisdiction chosen by Asia-facing operators but following the recent negative press surrounding POGO and more recently th...
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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.”Considerable competition:For its part and iGamingBusiness. It was last year when the supplier went live in the state....
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7 million in additional annual funds to help counter the nationwide impact of the coronavirus pandemic. It was last year when the supplier went live in the state. The supplier is now offering its collection of popular content via the operator’s online casino PlayLive!....
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For The Cordish Companies, they are in the process of opening land-based casinos in Philadelphia and Pittsburgh.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.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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”PlayLive! VP of Marketing, Brian Uran, commented as well, stating that since NetEnt was one of the first suppliers to go live in the state of Pennsylvania, the company’s portfolio is a must in order to compete in the video slots bonus code declonline sector.Further frustration:Alex Gardner from Affinivideo slots bonus code declty Group Limited reportedly declared that only 32 of the 60 iGaming firms holding a POGO license have so far been allowed to revive operations post-lockdown although under the confines of a highly controversial directive that has imposed a 30% capacity limit on employees in their Philippines offices. For The Cordish Companies, they are in the process of opening land-based casinos in Philadelphia and Pittsburgh....
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