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Online Casinos to be Taxed in Ireland
Irish Taoiseach Brian Cowen announced last week that he planned on taxing online gambling firms and telephone betting companies that accessed the Irish market. Offshore internet companies will be required to obtain licensing to provide online gambling services to the citizens of Ireland, if the bill should go through. (more…)
Online Gambling Debate Still Alive
USA online casino’s would greatly benefit from the legalization of Internet gambling, as the market and industry would likely see a noticeable boom in revenue stream. (more…)
Ireland To License Online Gambling
The Irish head of government (Taoiseach) Brian Cowen has confirmed to the press that there will be a license fee for online casinos and bookmakers who plan to advertise In Ireland. The Irish Field Brian Cowen speaking at the at a dinner hosted by racing newspaper, said that legislation in which license will be a requirement in order to offer products into the Irish market . (more…)
Canadian Provinces Beating US States To Online Gambling Market
Canada has provinces working overtime to speed up the process of benefiting from tax revenue from the biggest online gambling market in the world, while the US government leaders in Congress slowly attempted to regulate Internet gambling . (more…)
Costa Rica May Tax Online Gambling
Costa Rica is one of the worlds largest on gambling sites operations. The two main reasons is first, there are no online gambling that specify licensing laws. So Corporations, foreign groups can operate internet gambling sites under simple “data processing license”. (more…)
Bingo.com Closes $2,250,000 Private Placement from Unibet
Bingo.com, owner of popular online gaming community today announced it has closed a private deal from Unibet Group plc of 15 million common shares at $0.15 per share to raise net proceeds of $2,250,000. After the deal was made 25.9% of Bingo.com became represented by the private shares. Those shares were placed with Unibet Group plc, which is a non-U.S. resident under Regulation S exemptions. Tarrnie ...