The majority of Kenyans are opposed to a planned increase in tax on gross profit from gambling activities the country. In June, Kenyan President Uhuru Kenyatta signed into law a new tax rate of 35%. Bookmakers were previously subject to a 7.5% rate, while lotteries were taxed at 5%, casino gambling at 12% and competitions such…
Reference is made to the consultation document published on 10 July 2017 by the Financial Intelligence Analysis Unit (FIAU) and the Malta Gaming Authority, on the application of anti-money laundering and countering the funding of terrorism obligations to the remote gaming sector. The FIAU is hereby advising interested parties that the consultation period is being…
GAMING CONSULTANTS BUSINESS IN MALTA Gaming has proved to be a successful bet in Malta as several companies are providing this professional development services with an excellent price-to-quality ratio. Of course, the root of such a development is the highly demanding gaming markets around Malta, which has necessitated the need to develop gaming sector and…
William Hill said it was able to record “good progress” against its main strategic priorities during the first half of 2017. In a trading update, William Hill reported that net revenue in the six months to June 30 amounted to £837m (€943.9m/$1.11bn), up 3% on the £814.4m posted in the corresponding period last year. Adjusted…