European countries in 2015: A Fragmented Regulatory Landscape for on the web Gaming

European countries in 2015: A Fragmented Regulatory Landscape for on the web Gaming

European countries was a confusing place to do gambling company in 2015. Gaming regulations in the EU lacked harmony, despite the most useful efforts of the European Commission.

Europe faced a boatload of regulatory issues this year. No question, 2015 was a challenging 12 months for online gaming operators in the EU, as tighter regulations from numerous countries created an ever more fragmented landscape that is regulatory.

From taxation levels to player pools, Europe continues to be an unharmonious online gaming space.

Meanwhile, the EU that are new on digital services, as well as the UK point of consumption tax, squeezed operators’ margins and ushered in an interval of consolidation for the gambling industry.

Several countries decided on to manage online gambling and open their markets up to foreign operators, increasing the tax hassle for companies who wished to build relationships these brand new licensed markets.

Hoping to raise some tax that is much-needed, Portugal’s cash-strapped government signed its new online gambling bill into law in June, but the new regime’s taxation needs had been criticized by the industry to be overly complex and punitive. That’s because casino and poker revenue happens to be taxed between 15 per cent and 30 percent depending on an operator’s annual income.

Portugal’s decision to allow the state that is former to spend as much as 50 percent less incomeContinue reading

Las Vegas Review-Journal Gets Bought Out as Rumors Swirl That Sheldon Adelson Could Be the Mystery Customer

Las Vegas Review-Journal Gets Bought Out as Rumors Swirl That Sheldon Adelson Could Be the Mystery Customer

The Las Vegas Review-Journal has announced that it has a new owner, not even the staff knows who it really is.

Did Sheldon Adelson, whose Las vegas, nevada casino the Venetian is readying for today’s final GOP debate, buy the Las Las Vegas Review-Journal? Most are saying ‘yes,’ but no one nevertheless the buyer him or herself knows without a doubt at this juncture.

The $140 million price tag for Nevada’s main newspaper would be chump modification for the billionaire, of program. But as city news sources go, it is considered a complete lot at a time whenever print publishing industry is in decline.

However the mystery surrounding the purchase is what really has folks talking, as nobody, not even evidently the newspaper’s staff, knows the identification of the owner that is new.

What we do know is this: final Thursday, a company called Information + Media Capital Group paid way over market value to manage the newspaper from the previous owner, New Media Investment Group, which had bought it previously in the year for just $102 million.

Who owns the extremely recently incorporated News + Media Capital Group hasn’t also been divulged to staff, leaving the paper’s seasoned reporters, usually so adept at dealing with the base of a whole story, scraping their heads.

‘Do Not Worry About Who We Are’

Michael Schroeder, a News + Media Capital Group manager, told staff in aContinue reading