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An interstate gambling tax in Australia will be introduced for the first time. Millions in Additional Revenue The new tax on operators operating between states in Australia awaiting final approval from the South Australia State Government is estimated to be capable of bringing in as much as Aus $9.2 million (€6.1 million/US$6.9 million) in new revenue each year. The UK Model The law is similar to the UK Point of Consumption tax: the UK example imposes a flat 15% wagering tax on place of consumption. Bet Location Taxed This represents the first time an Australian jurisdiction will tax according to the location of the bet placement, as opposed to the location of the operator itself. Operators Operators in Australia to be subjected to the new rates include Ubet, Sportsbet and Ladbrokes. The Logic Treasurer Tom Koutsantonis explained the adaptation to national newspaper The Australian:“If betting companies are making profits from South Australian punters they should be paying tax in South Australia, not in whichever jurisdiction their head office and servers happen to be located.” Range of Activity Koutsantonis further indicated that the tax would apply to punting activity ranging from horse, harness and greyhound racing punting to other sports such as AFL and soccer to bets on Academy Awards and federal elections. Implementation The law, pending final Parliamentary approval, would take effect from July 1, 2017, with a tax-free threshold of $150,000 proposed for all betting companies.Another first is the contribution of the betting industry to the Gamblers Rehabilitation Fund, with the first $500,000 proceeds raised each year by the tax earmarked. Tax Reform The legislation is the culmination of the Australian government's National Tax Reform process initiated prior to the 2015-16 State Budget, and initiated by the SA Council of Social Services. The new regime addresses so-called “taxation holes” of operators basing themselves in jurisdictions with the most favorable taxing conditions, such as Northern Territory and Norfolk Island. The Interstate Taxing Solution Interstate taxation is designed to more effectively harness the benefits of the rising popularity and increasing availability of online gambling. The Australian government's unification of online gambling taxation under the national authority serves to more equally distribute online taxation revenues. Industry Implications The federal centralization of tax revenues stands out as the key component of the reform, with interstate commerce laws offering one possible solution to the distribution of online taxation revenue in emerging jurisdictions worldwide.
In the last 16 brackets, there was definitely a weaker side and a far stronger side with the top teams in the world on the latter. Germany, Spain, Italy, England together on the same side of the tournament was a terrific way to watch final-like matches before the final is even played. The other side of the bracket were teams like Croatia, Portugal, Wales and Belgium; no pushovers, but surely not as big as the nations on the other side. bet365 has been giving full odds coverage for all matches so far and we will look at their odds for the quarterfinals. Switzerland vs Poland The first match of the last 16 was decided by penalty shots, which were all said and done, the underdog Polish side came out victorious. The Polish goaltender managed to stop a hard penalty shot giving them the win and a berth to the quarterfinals where they will face Portugal. (Poland 4.20 - Portugal 2.20) Croatia vs Portugal Amazingly this match also went to the underdogs, as Portugal outlasted Croatia in overtime and a goal by Quaresma closed out what was by far the slowest match of the last 16. Ronaldo led his countrymen to victory by getting some nice chances at the Croatian goal, but it was the Portuguese defense that was able to stop the Croatian Attack that really won the game. Wales vs Northern Ireland It was a shame to see N. Ireland go out due to an own goal within 15 minutes of sending the match to overtime, but 'them's the breaks.' Gareth Bale blasted a shot on net, which left N. Ireland's Gareth McAuley in a sticky situation leading to an own-goal. Wales moves on to face Belgium in the Quarterfinal. (Wales 5.75 - Belgium 1.75) France vs Ireland Things were going great for Ireland until Antoine Griezmann decided to unleash his talents in the second half scoring a double to take the home team to the next round after a 2-1 victory. The penalty shot scored by the Irish in the first minutes of the game was enough to give them the lead going into the half, but it was short lived. France face Iceland in the next round. Germany vs Slovakia The Germans look absolutely unstoppable on the pitch after destroying the Slovak team 3-0. The Germans, on the tougher side of the bracket will need to face the Italians in the quarterfinals, the key match for the tournament so far. (Germany 2.20 - Italy 4.20) Hungary vs Belgium Belgium went up 1-0 after a tenth minute goal by Toby Alderweireld gave them the lead. The game was quite exciting throughout but it was the last minutes that were truly magical. Two goals in just under two minutes gave Belgium a 3-0 lead and a fourth in stoppage time was just a little extra. Italy vs Spain By far the most talked about matchup of the Final 16 saw Italy beat Spain for the first time in a long time. The Italian attack was quick and their defense held strong even after numerous attacks from the Spaniards. England vs Iceland What a match, what an effort and what a win. Iceland took over this match after Rooney the three lions up 1-0 on a penalty goal, but two unanswered goals by Iceland took them to their first ever quarterfinal in their first ever big tournament. England played horribly, they couldn't get a handle on the ball and Iceland took advantage of all of England's mistakes. Iceland will now go on to face France and hope that their luck takes them past the home nation.
The UK Gambling Commission announced that it has signed a Memorandum of Understanding to exchange information with Portugal gambling regulator Serviço de Regulação e Inspeção de Jogos (SRIJ). Landmark Agreement The landmark agreement was signed by SRIJ Vice Chair Teresa Monteiro and UK Gambling Commission Chief Executive Sarah Harrison last month to strengthen the effectiveness of gambling regulation and combat illegal gambling activities by adapting procedures. Twin Shared Goals The two gambling regulators have stated their goal of the agreement to prevent disorder and criminal activities and protect the sectors of each nation at risk for gambling addiction and exploitation. Adapting EEA Policy The Memorandum of Understanding adapts the policy of the cooperation agreement signed last year by regulators from Member States of the European Economic Area. This marks the first autonomous agreement between two European states to adapt regulation, and currently stands as a reminder that leaving the EU does not prevent countries from making deals with each other to share information about regulation. Model for Information-Sharing UK Gambling Commission Direct of Regulation Nick Tofiluk expressed his nation´s goal of working with other countries to more effectively regulate the online gambling industry, citing the Memorandum of Understanding as the model for streamlining information regarding online regulation to all countries. Portugal Re-opens Portugal´s market has actually been closed since last spring. The gates are opening again as of May 2016, when SRIJ green-lit Betclic Everest Group for online sports betting, the first license the Portueguese government has granted in the country´s new regulated online gambling market.According to local media reports, eleven more applications from Europe-facing gambling companies are currently under review as well. Individual Strengths So the agreement was forged between a country that left the EU and a country that did not have a regulated market to speak of until last month. It indicates the capability ability of diverse European nations with differing political agendas and stages of regulation to autonomously come to an understanding regarding effective implementation of regulation of the increasing popular activity of online gambling. Memorandum Impact In the potential emerging era of life after the EU, the Memorandum of Understanding model ensures that global adaptation of iGaming can and is marching forward, paving the way for all nations as stakeholders to adapt effective online gambling regulation models worldwide.
Wimbledon is in full swing and the best tennis players in the world are putting on an incredible show on the famed grass courts. The first round ended last night with few surprises. All of the top ranked players are through to the second round, but it is here when things start to get interesting in London. Today’s most significant match is probably between seven-time Wimbledon Champion Roger Federer and hometown Marcus Willis. There is no better example of a David and Goliath story that Federer vs Willis and to be on Center Court is the perfect setting for this highly-anticipated match. Ranked a low 772nd in the world, Marcus Willis is not even close to a favorite against anyone else in the tournament. To make it into the tournament, Willis needed to go through the qualifying event, which was a tiring seven matches in his case. After a shocking first round win, the UK has another local boy to be thankful. If Willis was to beat Federer on Center Court today, it could go down in history as one of the biggest upsets of all. Roger Federer struggled in the first round, taking the match, but needed to go to tie breakers in the first two sets. He may not be as tired as Willis is, but something seemed a bit off in the first round and Willis should be looking to take advantage of that. There is a ton of action on all courts of Wimbledon today, pending the weather stays alright, (which doesn’t look good right now), but punters can catch Novak Djokovic, Milos Raonic, and many more on the grass courts throughout the day. Underdog Odds If Willis were to beat the odds, he would need to overcome a huge 26.00 to win. A huge payday from bet365 Sports for any punter that puts a bet on the Brit. Federer seems like the obvious selection at 1.01, but stranger things have happened.
Online casino aficionados could find a series of new online casino reviews on Online Casino Reports recently, covering some of the most interesting new or established names in the industry. Among these casinos some stood out due to the currencies they accepted while others through their offer of games or the quality of their customer service or their interesting themes and website design. Potential subscribers could find out, as always, the most important details regarding the casinos as well as an in-depth look at the games, bonuses, currencies and other relevant factors that dictate the experience one can expect in an online casino. Below, users can find a short look at some of the new casino’s covered recently on Online Casino Reports. New Reviews and Their Highlights Sportsbet Casino A bitcoin exclusive online casino which caters to a growing market of bitcoin based gambling. The casino’s software is powered by some big names in the developer market such as Betsoft, Ezugi, Endorphina, Gameart or Betgames to name just a few. The casino’s main gaming offer is made out of slot titles but some table games are also provided. The Curacao registered bitcoin casino offers customer support via an instant chat function. Boss Casino An online casino registered in Curacao. The casino has a strong visual impact on players and stood out due to its fun, modern design. Its main gaming offer is for slot games but it also offers table games, video poker and scratch cards. The banking system at Boss Casino allowed the use of numerous services which made depositing and withdrawing money quite simple. Betrally Casino Another new addition to Online Casino Reports. It stood out due to the good offer of slot titles as well as other types of games. Its software was developed by some of the bigger brands in the industry including Microgaming, NetEnt, Betsoft or iSoftBet. The casino offers a number of ways to get in touch with customer support as well as a solid banking system which makes depositing and withdrawing money quite convenient. Betcoin Casino Yet another bitcoin dedicated casino which is registered in Costa Rica. The casino offers a luxurious experience through its design as well as the gaming offer which is quite strong. Like most other bitcoin casinos, the main games on offer are slot titles created in Betcoin Casino’s case by developers such as Gameart. Endorphina, Betsoft, Ezugi or Xin Games. The live dealers as well as the tournaments organized by the casino are some of the highlights of this listing. Sin Spins Casino An online casino that managed to impress through the quality of the website’s theme and design. The casino operates with a good number of currencies and had a user friendly design which allows players to access its gaming array. Slots are the most popular choice for the casino’s crowd but table games, a few variations of Blackjack as well as scratch cards are also on offer. The casino also offers live dealer games.
Vegas Crest Casino certainly made one player very happy this month as Holyroller, a casino player, managed to win a whopping $272,135.90 by playing the 5-reel progressive jackpot slot Legends of Avalon. Vegas Crest Casino Has A Tradition With Big Payouts This latest win is actually the biggest ever given out at Vegas Crest Casino. It is also the second win in the last couple of months to exceed $100,000.00. The casino boasts a whopping 370+ games for its players to enjoy, with the latest titles from some of the most respected and well-established developers being available for PC, tablet or mobile. While Vegas Crest Casino already had a good reputation for giving out impressive prizes, this latest simply confirms their tradition and encourages more players to give their impressive line-up of slots a spin. Vegas Crest Casino's Offering for Players New players don’t just have the lineup of games to enjoy when they sign-up for Vegas Crest Casino, as the casino has a well-thought array of casino promotions. Players should expect quite the generous welcome offer to supplement their funds, that matches their deposits and meets them with spins on the house. The online casino also offers cash match offers and other no deposit offers that have been proved to be a players' favorite.
Swedish software developer Play'n Go is the latest operator to receive an iGaming license in Romania. ONJN Letting it Rip Romanian gambling regulator Oficiul Național pentru Jocuri de Noroc (ONJN) has been issuing more and more licenses lately, rendering the formerly constrictive Romanian market more and more intriguing as well as appealing of late. Adaptation Spurs Expansion With many more operators on tap for the market having submitted pending license applications, Romanian regulators are working to adapt unified legislation to meet the diversity and harness the revenue benefits of national market expansion. Two More New licenses The Play 'n Go license is just the latest license issued in opening Romania, with UK casino games provider iSoftBet also recently receiving a license to join the ranks of competitors in the Romanian market. Increasing Competition Other recently added big name operators include NetEnt, Prima Networks, Playtech, Vermantia and 888. The latest licenses belonging to Play 'n Go and iSoftBet promise to diversify the offerings to Romanian players considerably, and should spur more activity and increase revenues to bolster expansion. Diversification The range of iGaming support of existing licensees currently includes game offerings, unified platforms, software support, distribution and production of software, with Prima for example integrating the Microgaming’s Quickfire platform. This platform will bring gaming to mobile devices, to keep up with the trend of global mobile expansion which of course includes the Romanian market. Market Re-Awakening This new expansion of the Romanian market is a re-awakening of sorts, with the Romanian government rapidly transforming discouraging Draconian guidelines model into a sustainable and innovative regulation model moving to the forefront of iGaming evolution. About ONJN ONJN came on the scene as a new regime in 2015, imposing strict guidelines in a market that was wholly unregulated until that point, resulting in a market deadlock by later in the year caused by the suspension of many licensed operators and the imposition of huge fines on players at blacklisted online casinos. Increasing Organizational Credibility Licensure in the Romanian market is an important milestone for multinational iGaming companies. It stands an indication of specialized organizational activity by offering different classes of licensing to increase compliance. For instance, the Class 2 license covers iGaming management and hosting facilities, with other classes authorizing distinctly specified activities within the Romanian iGaming market. Organizational Value With European competition intense, any added signs of credibility are of value to iGaming companies, no matter what services they offer.
One of the more popular slot themes is Summer, and this year there are a number of games that will bring memories of vacations and sunny days out to players at many online casinos. Let's take a look at some of our top picks of Summer themed slots to play during the hot season! Bikini Party Sites including Royal Vegas Casino, Jackpot City Casino and Casino Cruise carry the Microgaming range, and Bikini Party is filled with images of beautiful girls playing Beach Volleyball. Like many games from this prolific developer, Bikini Party does away with conventional paylines and wins occur with identical symbols landing in any positions on adjacent reels. The wild symbol makes this easier to achieve, while a Volleyball scatter symbol will start 15 free spins, with all wins tripled in value. Summer Party More scantily-clad ladies can be found on the reels of Summer Party which comes from the Topgame/Pragmatic Play developer. They are joined by surfers, parrots and various cocktails, plus a scatter that will begin a free spins game should 3 land at once. A Shaker Maker bonus round mixes up cocktails and equally tasty wins of up to 200 bonus points. Summer Party can be found at sites such as Rich Casino, Thebes Casino and 7Spins Casino. Summer Ease Players at Euro Fortune Casino, Video Slots Casino and Slots Million Casino can sit back and relax with the Summer Ease slot game that comes from Rival Gaming. Featuring barbecues, fishing rods, picnic baskets and powerboats, Summer Ease comes with bonus features like expanding wilds that fill whole reels for extra payouts, free spins and a bonus game. Summer Holiday The theme continues with Summer Holiday from Microgaming. With 100 paylines, players can expect lots of wins when symbols such as picnic ingredients, pedal boats, anglers, swimmers and cyclists line up favourably. A stacked wild symbol helps to complete winning combinations, plus 15 to 25 free spins can be had when the scatter appears between 3 and 5 times at once. All wins are tripled in this round and after the last spin players get to choose if they want to collect their winnings, play the free spins again or gamble them for a mystery win of up to 100x their bet amount. Summer Holiday can be found at Jackpot City Casino, 10bet Casino and All Slots Casino. Aloha Cluster Popular games developer Net Ent have their own spin on the Summer theme with Aloha Cluster, which is now available at 777 Casino, SlotsMagic Casino and Playamo Casino. A unique 6-reel and 5 row layout sees symbols of Pacific island statues and flowers reward players with Cluster Pays when 9 or more of the same ones land adjacent to each other horizontally, vertically or both. A Sticky Win re-spin feature can build clusters up for higher payouts, and a free spins game sees lower paying symbols drop out of the reels for the chance of higher wins.
There are now only eight teams left in what has been an action-packed Euro. Tonight's match features two teams on the easier side of the bracket that will look to their star players to step up and lead their respective team to victory. Ronaldo and Lewandowski must rise to the occasion for Portugal and Poland respectively if they want to make the semifinal. Let's face it, both Portugal and Poland only have a single, world-class player. Ronaldo and Lewandowski are the stars on the pitch tonight and could be the deciding factor in the match, but for Lewandowski, if he wishes to beat Portugal will need to up his game. Lewandowski was one of the favorites to win the Golden Boot, but has not yet had a single shot on target in this tournament. The Bayern Munich attacker has not been himself throughout the tournament, other than some key assists. Poland made it to the quarterfinals by the skin of their teeth and will need to up their game substantially if the semifinals are to be reached. What is there to say about Portugal? They were lucky to make it to the final 16 after finishing in third place in Group F behind Hungary and the Cinderella story team from Iceland. Cristiano Ronaldo is ranked 8th in the Euro amongst all players, but he has the ability to end the tournament at the top of that ranking if he can get back to his record-breaking self. The match should be very entertaining tonight and fans from both sides will flood Stade Vélodrome in Marseille with thousands of local soccer fans there to watch the stars collide. Euro 2016 Quarterfinal Betting Punters that are watching the match tonight from home, pub or on a mobile device will have a ton of pre-match and live in play betting opportunities to choose from at bet365 Sports. The odds are posted in favor of Portugal tonight at 2.30, while Poland comes in at 3.90 and a draw after 90 minutes at 3.00. An Extra Time win for Poland would mean 17.00 and to win by Penalty Shots is posted at 10.00. Those same markets for Portugal are 13.00 and 10.00 respectively.
A glimmer of hope for online gambling supporters is peaking out of Pennsylvania. Last week, the Pennsylvania House of Representatives passed an amendment linking the legalization of online gambling to the state’s daily fantasy sports (DFS) regulation bill. HB2150 passed the House vote on Tuesday with 114-85 in favor, and it is on its way to the senate. This bodes well after what happened in New York earlier this month, where the Senate approved a bill to regulate DFS but ignored the online gambling bill. In Pennsylvania, this move is particularly encouraging, after the strange misunderstanding that occurred in the House of Representatives earlier this month, when the House voted against two separate amendments that would have legalized online gambling. One bill called for allowing online gambling, along with video gaming terminals (VGTs) at airport terminals and off-track betting sites. The second bill called for allowing VGTs at taverns, bars, social clubs and volunteer firehouses. Immediately after the vote, a motion for reconsideration was initiated. Apparently, lawmakers didn’t really understand what they were voting on. The motion for reconsideration created the potential for passing this new bill, which combines DFS and online gambling, but leaves out VGTs. This will probably end up working in the current bill's favor - VGTs are thought to be quite unpopular in the Pennsylvania Senate, which means that if the original bills had been passed in the House, they likely wouldn’t stand a chance later on. Will it Happen? Experience teaches us that in all that has to do with such bills, one cannot be sure about Senate passage until it actually happens. If it does, it will be up to Gov. Tom Wolf to give the final OK and seeing that Penn is keen on finding new revenue sources for budget improvement, it's likely that it'll pass that hurdle too.
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