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The HALLO ECHO

Delaware to reduce casino taxes

The HALLO ECHO

The Senate Finance Committee of Delaware Senate has approved the casino relief bill, which proposes to reduce the taxes and fees at the casinos. Senate Bill 144 would reduce the tax almost by a half – from 29.4 per cent to 15 per cent – and do away with the licensing fee. It would also…

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GOCC commission seeks to split PAGCOR

The HALLO ECHO

The Governance Commission for Government-owned and Controlled Corporations (GOCC) declared on Wednesday it has suggested the separation of regulatory and commercial functions of Philippine Amusement and Gamong Corp (PAGCOR). The GOCC commission made the suggestion to President Rodrigo Duterte, stateting it was “due to PAGCOR’s conflicting proprietary activities and regulatory functions in which its operation…

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Norway to continue payment restriction for gambling sites

The HALLO ECHO

Norway’s government is becoming more protective in the online gambling arena. The government is planning to propose new curbs on payment to international gambling websites. This move for stricter monitoring of online gambling payment processing is to further reduce the competition towards the state-owned Norsk Tipping, which enjoys gambling monopoly, including. Lotteri-og Stiftelsestilsynet, Norwegian Gaming Authority,…

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Denmark legislators move to restrict gambling bonus offers

The HALLO ECHO

Jesper Petersen, a Social Democrat MP in Denmark, revealed the legislators’ concern over the spiraling gambling bonus offers. He said in television interview that online gambling sign-up bonus offers, especially those through television promos, were getting out of control. He pointed out that some operators provide bonuses as high as DKK10k (US$1,640). According to Petersen, bonuses…

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Belgium’s Gambling Commission rules against loot boxes

The HALLO ECHO

Kansspelcommissie, Belgium’s gaming commission ruled against a few video games and warned millionaire penalties if they’re not adjusted. The threatened operators face fines up to US$2 million if a number of popular video games are not adjusted. The Belgian Gaming Commission calls these loot boxes game of chance, and if these are further exploited, they…

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Court order on NJ gambling could affect other states

The HALLO ECHO

New Jersey is expecting an imminent Supreme Court order to make sports betting legal. The state has challenged the 1992 federal Professional Amateur Sports Protection Act (PASPA). It is expected that the court will give the state permission allowing it to legalise sports betting. If it happens, many other states, mainly West Virginia and Pennsylvania,…

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