Month: August 2019

Swiss Canton of Glarus Considers Overhauling Their Gambling Regulations

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In January 2019 Switzerland implemented the Federal Act on Real-Money Gambling (Bundesgesetz über Geldspiele) pushing the Swiss canton of Glarus to launch a public consultation on a series of changes of its gambling laws. The Glarus Department of Security and Justice is convinced that new federal laws require revision because these drastically affect the local economy. These laws outlaw unlicensed activities and permitted land-based casinos … Continue

Cambodia bans online gambling indefinitely

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The south-east Asian nation of Cambodia has a very severe ongoing problem of illegal gambling operators flooding the market. Not being able to combat the issue, the government has announced a complete and indefinite prohibition of online gambling until better regulations are put in place. The government has come up with very proactive steps and as per the reports, issuing of new licenses to the … Continue

Techno Giant Apple imposes 17+ age limit for social casino apps

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Techno giant Apple has confirmed that all public social casino apps available via its App Store will now carry an age rating of 17-plus in all countries and regions. In an update posted on its developer microsite, Apple said that the changes were implemented on August 20 on a worldwide basis. It described these products as “simulated or fake gaming apps”, describing them as games … Continue

China urges Philippines to ban online gambling

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China wants the Philippines to ban online gaming to support its crackdown on cross-border gambling, which it said foreign criminals had used to embezzle funds and illegally recruit workers. The Philippine gaming regulator has banned licenses for new online gaming firms, as lawmakers and some ministers have called for tighter controls on Chinese visitors, saying many are illegal workers whose presence fans security concerns. Although … Continue

The obligations of bookmakers in relation to the Treasury and gamblers

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The bookmaker has the responsibility of awarding the prize within a maximum of three working days to the person who presented the chips, coupons, tickets or other means to prove the winnings. Art. 110 of the new Fiscal Code states that the revenue from traditional gambling, offline bets, is imposed by withholding at the source. For each winning ticket, the following tax will be paid: … Continue

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