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Tax crack down worries gambling companies in Ireland

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Tax crack down worries gambling companies in IrelandReading Time: 2 minutes

The Irish gaming companies are finding it hard to cope with the excessive interference of authorities in the name of tax crack down. The authorities are putting pressure on them over tax and licensing non-compliance. But the gambling operators say it is all because of unclear regulatory regime.

The Revenue Commissioners, the Irish government agency that oversees taxes began a crackdown on tax and licensing non-compliance in the gaming sector and has sparked concerns among operators. According to gaming companies, there’s a lack of clear legislative framework for the industry and they are worried about the uncertainty that Dublin’s operators are facing.

“Revenue (the agency) is intent on addressing all forms of licensing non-compliance in the gaming and amusement sector,” a spokeswoman for the government’s body stated. “Any trader [operating without licence] is liable to have the gaming machines seized and be prosecuted.”

Since the crackdown started, Revenue has collected more than €1.1 million in unpaid taxes and issued 4000 new licences which generated €899,465.

However, some Dublin operators operate under Revenue-issued licences which apply to amusement machines due to a Dublin City Council directive from 1988 which bans gambling machine licenses from being issued for facilities within city limits.

Revenue’s chairman Niall Cody issued a letter to lower house member Mick Wallace explaining that, before the crackdown began, a group of casino owners made a legal submission raising concerns about the constitutionality of the present gambling law. Nonetheless, there has been little progress -or none at all- to save the Gambling Control Bill 2013, which would regulate the situation but continues to be delayed.

David Hickson, director of the Gaming and Leisure Association of Ireland, said: “At the moment our law dates back to 1956, so we need to update the legislation for a whole host of reasons. Progress towards regulation has been remarkably slow and bedevilled by delays.”

 

Source: FocusGamingNews


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Microgaming makes its debut in the Czech Republic

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Microgaming’s celebrated content has gone live in the Czech Republic, with a range of the leading software supplier’s most popular games now available through Tipsport, with more operators to follow in due course.

Microgaming’s entrance into the Czech Republic continues a well-executed strategy of expansion into key regulated markets around the world, following successful entries into Colombia, Bulgaria and Denmark in 2018, and Sweden at the beginning of the current year.

Devised specifically for the Czech Republic market, a tailored software solution will offer customers of Tipsport, one of the country’s leading operators, access to an extensive selection of titles from Microgaming’s innovative, diverse portfolio of premium casino games, with more content to be added in the near future.

“We are excited to be extending our offering into the regulated market of the Czech Republic. Tipsport are a major operator in the region, and a leader in the European sports betting industry as a whole. We are delighted to begin a partnership with them that will provide their customers with an expanding library of our best online slot gaming content.” – said Andrew Clucas, Chief Operating Officer at Microgaming.

“With the addition of Microgaming’s exceptional casino titles, we look forward to seeing players enjoy a wealth of thoroughly entertaining gaming experiences. Our partnership with Microgaming signals our commitment to diversifying our product offering, providing players in the Czech Republic with access to the largest and most diverse online gaming portfolio in the industry.” – concluded Jiří Švarc, Director of Online Casino at Tipsport.

 

For more information about the Czech market market make sure you don’t miss the 2019 edition of Prague Gaming Summit, which has the aim to give a quality report on the activity of the industry in the Czech Republic and neighboring countries such as Slovakia, Poland and a special DACH regional panel discussion.

 

About Microgaming:

Microgaming developed the first true online casino in 1994. It has been breaking records, breaking new ground and breaking its back in pursuit of original gaming ever since. Developer of thousands of unique, genre-defining casino, mobile, poker, bingo, land-based and multiplayer games, and a pioneer in virtual and wearable gaming, the software giant hosts the world’s largest progressive jackpot network. Its products include Live Dealer, Sportsbook, Business Solutions and Quickfire. Microgaming is an award winner. A millionaire maker. The father of player protection and responsible gaming. And through Microgaming PlayItForward, it is a pillar of its local community on the Isle of Man.

About Tipsport:

As the market leader, Tipsport is pushing the boundaries of sports betting, developing largest active online betting community in the region, with unique approach to its clients – encouraging them to share expertise, copy tickets and develop winning strategies. Established as a regional company in 1991 with just one branch, Tipsport quickly became an international holding company and the leading bookmaker in Central and Eastern Europe. With turnover of over EUR 2bln/year, the group currently employs more than 3,000 people at Tipsport and Chance in the Czech Republic and Tipsport in Slovakia. As the overwhelming majority of bets are placed online, the company’s main focus is technology. Thanks to its unique in-house solutions, Tipsport is now the No.1 sports betting operator in the Czech Republic and one of the major players in Europe. Recently, the company has firmly established itself also in the field of online casino games, now its fastest growing segment.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Microgaming makes its debut in the Czech Republic

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Bede Gaming set for Spanish expansion

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Bede Gaming set for Spanish expansionReading Time: 2 minutes

 

Provider is building on established market presence with fully-licensed and scalable platform

 

Bede Gaming, the award-winning supplier of software to the online gaming industry, is to kick-start 2019 with a concerted expansion in Spain.

The Bede platform is fully-licensed by the DGOJ, the Spanish gaming authority, and features a wide range of cutting-edge, proactive marketing tools alongside a portfolio of more than 3,000 games and two direct sportsbooks with Kambi and SBTech live on the platform.

Responsible gambling is central to the Bede platform, with deposit limits and automated flagging of players displaying signs of problem gambling behaviour setting it apart as the safest place to play.

Ross Haselhurst, Commercial Director, Bede Gaming, said: “Spain is a core target market for Bede as we look to capitalise on the significant commercial momentum of our platform. Spanish operator groups are well placed to take advantage of the transformative impact our vast range of high-quality content and powerful automated marketing tools can have, and we are enthused by the possibilities as we push further into the market.

“We are seeing more and more operators that are looking to expand their footprint but find themselves crippled by the resources required to service new markets while maintaining performance in their core markets. By offering a direct and single route into the Spanish market, we’re predicting significant growth for Bede and our partners in the months to come.”

The growth opportunity in the Spanish market is clear, with online GGR rising 30% year-on-year during Q3 2018 according to the DGOJ.

The provider’s technology is already live in the Spanish market with leading operator Enracha.

Bede has enjoyed a strong period of commercial growth, having been selected by the Ontario Lottery and Gaming Corporation in September 2018 to provide the lottery’s new enterprise-wide digital platform.

This agreement came alongside a series of recent content integrations with leading providers including Play’n GO and SBTech.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Bede Gaming set for Spanish expansion

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Relax Gaming signs with Max Win Gaming

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Relax Gaming signs with Max Win GamingReading Time: 1 minute

 

Agreement illustrates strength of Silver Bullet partner program

 

Relax Gaming, the new-breed content provider and distribution platform, has further enhanced the scope of its Silver Bullet partner program, striking a deal with Max Win Gaming.

Max Win Gaming will provide new and exclusive content, including the provision of two brand new titles in 2019.

The provider will also develop unique content for Relax Gaming as part of the agreement.

Daniel Eskola, CEO at Relax Gaming, said: “This agreement with Max Win Gaming is a great example of the positive market reception that our uniquely collaborative approach to studio partnerships is achieving.

“Max Win Gaming is an exciting new supplier with a strong history of proven delivery and we look forward to what it will deliver to the market.”

Martin Mitrovich, CEO at Max Win Gaming, said: “Relax Gaming’s commitment to open dialogue, clear route to market and commercial structure really appealed to us, along with access to an impressive level of regulatory expertise.

“We’re excited to join the Silver Bullet partner program and believe the fit for our forthcoming content will prove to be a highly success one.”

Relax Gaming is a new breed of supplier, offering fresh content and over 280 games. It has significantly grown its commercial footprint in recent months, agreeing numerous agreements with some of the industry’s most recognisable names.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Relax Gaming signs with Max Win Gaming

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