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The beauty parade was the culmination of years of work by Macau’s government to reform betting in the world’s gambling capital, as it continues to navigate a fine balance between a fiscal reliance on casino taxes, and Beijing’s push to diversify the city’s economy from betting.
For years, Malta and Gibraltar were the places to be for any gaming company looking for a friendly place to set up shop. However, Ceuta, an autonomous
The Netherlands recently announced plans to introduce tight restrictions on gambling advertising and sports sponsorships. However, an update to those
The Finance Act, 2022 has exempted horse racing from excise duty imposed on betting, gaming and lotteries.
High Court judge George Odunga dismissed a petition filed by the punters and betting firms stating that levying excise duty on stakes is proper and lawful.