Asia

Japan Foregoes Controversial Tax on Casino Winnings

The HALLO ECHO

  Akira Amari, head of the ruling Liberal Democratic Party’s Research Commission on Tax System, has confirmed that the proposed tax on the winnings of overseas gamblers at Japan’s future IRs will not be imposed. “It would be meaningless if no one comes to the IRs after building them,” Amari said. He added Japan’s casino…

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Supreme Court of India Upholds Taxes on Lotteries

The HALLO ECHO

  The Supreme Court of India has ruled in favour of the application of Goods and Services Tax (GST) on lotteries. India’s GST Council applies a duty of 12% on lotteries run in the same state and of 28% on those sold in other states. Punjab operator Skill Lotto Solutions had launched a legal claim…

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ASCI Publishes Guidelines on Advertising Real Money Games

The HALLO ECHO

  The Advertising Standards Council of India (ASCI) has published its first set of guidelines on advertising real-money gaming. ASCI advised its members to exercise caution when promoting real money games, an advertising segment deemed to be high-risk by the watchdog. ASIC guidelines state that members must ensure that real-money advertisers cannot promote games or…

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Goa Renews Trade Licences of Offshore Casinos

The HALLO ECHO

  The Corporation of the City of Panaji (CCP) has renewed the trade licences of offshore casinos in the Mandovi River. This location is provisional and the government is still working to find a definitive place for offshore casinos. The operators also obtained a temporary waiver on payments of several taxes due to the impact…

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PAGCOR Approves Manila’s Integrated Resorts to Accept Online Bets

The HALLO ECHO

  The Philippine Amusement and Gaming Corporation (PAGCOR) has granted permission for the integrated resorts in Manila to accept online bets in a move aimed at helping operators recoup COVID-19 induced losses. Alfredo Lim, President and COO of PAGCOR, confirmed that recently received applications from City of Dreams Manila, Okada Manila, Resorts World Manila and…

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China to Criminalise Overseas Gambling Operations Luring Chinese Gamblers to Overseas Casinos

The HALLO ECHO

  The Chinese Standing Committee of the National People’s Congress has revealed it is considering an amendment that would criminalise the act of luring Chinese gamblers to overseas casinos. It is also considering an increase in penalties for establishing casino operations within mainland China, where gambling is illegal. The Committee will carry out a second…

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