EGBA calls for Portuguese igaming tax rethink

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Casino & games Finance Legal & compliance Sports betting Slots The European Gaming and Betting Association (EGBA) has called on the Portuguese authorities to review the country’s online gaming tax rate following reports that as many of 75% of players gambled via unlicensed sites in 2018. Subscribe to the iGaming newsletter 10th April 2019 | By contenteditor Regions: Europe Western Europe Portugal Email Address Casino & games The European Gaming and Betting Association (EGBA) has called on the Portuguese authorities to review the country’s online gaming tax rate following reports that as many of 75% of players gambled via unlicensed sites in 2018.The claim that three-quarters of players are flocking to illegal sites comes from a survey conducted by Lisbon’s Universidade Nova and business intelligence specialist Qdata, which notes that this represents a 10% year-on-year increase on 2017.The growth in illegal gambling came despite the country’s gambling regulator Serviço de Regulação e Inspeção de Jogos (SRIJ) ordering 338 unlicensed sites to withdraw from the market in 2018, with criminal proceedings launched against 13 operators.The EGBA blamed the growth of the illegal market on the country’s high igaming tax rates, which see operators face a 15% turnover tax on revenue up to €5m, then a further 15% our revenue above €5m for gaming and bingo. Sports betting operators, meanwhile, pay an 8% turnover tax on revenue up to €30m, then 8% on revenue over €30m.A plan to shift to a flat tax of 25% of turnover was proposed for the country’s 2019 budget, only to be removed in October 2018.“[The] current Portuguese tax regime for online gambling is discriminatory because it applies a more favourable tax for some operators, whilst others have to pay a much higher tax based on a broader tax base,” EGBA secretary general Maarten Haijer explained.He said that while there were few restrictions in terms of product or the number of licences available, applying for a Portuguese licence was much less attractive for igaming operators due to the tax rate.Haijer noted that only one EGBA member held a licence in the country, and while others were interested in entering the market, they would be more likely to apply if the tax regime was amended. Currently just 10 operators have secured licences in the market.“If the tax rules do not change then Portuguese consumers will continue to find more competitive gambling products with websites that are not regulated and licensed in Portugal and do not pay tax in Portugal and might expose Portuguese players to inadequate consumer protection safeguards,” he said.As a result the EBGA is calling for a shift to a flat, revenue-based tax model, which would bring Portugal in line with the majority of other European jurisdictions.“This would encourage more companies to get a licence for the Portuguese market and increase the share of existing Portuguese players who are playing within the regulated online gambling environment in Portugal,” Haijer said.In 2018 Portugal’s igaming market saw revenue grow 24% year-on-year to €152.1m (£131.2m/$171.4m), with €78.9m coming from sports betting and €73.3m from casino and bingo. iGamingBusiness.com’s Portugal e-zine from October 2018 offers a more in-depth analysis of the current state of the market. Tags: Mobile Online Gambling Slot Machines EGBA calls for Portuguese igaming tax rethinklast_img read more

Karnataka (KTK) vs Kerala (KER), Vijay Hazare 2021 Live Score: Karnataka…

first_img Cricket Karnataka (KTK) vs Kerala (KER), Vijay Hazare 2021 Live Score: Karnataka look to continue momentum against unbeaten Kerala RELATED ARTICLESMORE FROM AUTHOR Wimbledon 2021 LIVE streaming: When, where and how to watch year’s third Grand Slam’ in you country, India Cricket Karnataka (KTK) vs Kerala (KER), Vijay Hazare 2021 Live Score: After two consecutive wins hosts Karnataka will look to continue the momentum against high-flying Kerala in an Elite Group C Vijay Hazare Trophy match at the M Chinnaswamy Stadium in Bengaluru on Friday.After a narrow loss to Uttar Pradesh in the first match on the VJD method, Karnataka came back strong, dismantling Bihar and Odisha in the last two games. With skipper Ravikumar Samarth and youngster Devdutt Padikkal on fire with the bat, Karnataka would look to capitalize on the familiar home conditions against Kerala. The visitors, who are banking on the form of former Karnataka batsman Robin Uthappa, who has scored two centuries in the last three games, will aim to continue winning run. Cricket Cricket By Kunal Dhyani – February 25, 2021 Cricket CricketVijay Hazare TrophyVijay Hazare 2021 WI vs SA 2nd Test Day 3 Live: Start delayed due to rain, SA lead by 149 runs – Follow Live Updates ICC WTC Final LIVE commentary: AIR, DD Sports to live stream & broadcast India vs New Zealand for free Freight & Shipping Quotes | Search AdsResearch & Compare Freight & Shipping QuotesEnjoy Affordable Freight & Shipping Services With These Service ProvidersFreight & Shipping Quotes | Search Ads|SponsoredSponsoredUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredUndoYourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search Ads|SponsoredSponsoredUndo Cricket Share on Facebook Tweet on Twitter Cricket WTC Final Live- Ind vs NZ: Kyle Jamieson bags 5th five-wicket haul in 8th Test, rattles India in WTC final Cricket Cricket WTC Final Live: Virat Kohli continues century drought as Kyle Jamieson wins IPL team rivalry BCCI to form committee to take call on compensating domestic cricketers by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeIPL 2020: Bad news for Sunrisers Hyderabad’s Jonny BairstowUndoIPL 2020 : Srikanth and fans slams MS Dhoni, says ‘wasted 15 Cr on Jadhav & Chawla’UndoSuresh Raina issues statement after arrest, says the incident in Mumbai was ‘unintentional’UndoMatch Details:Time: 9:00 AM IST, Live on Dsiney+ HotstarVenue: M Chinnaswamy Stadium, BengaluruProbable Playing XI of Karnataka and Kerala Karnataka: Ravikumar Samarth (c), Devdutt Padikkal, Krishnamurthy Siddharth, Karun Nair, Aniruddha Joshi, Shreyas Gopal, BR Sharath, Abhimanyu Mithun, Jagadeesha Suchith, Ronit More, Prasidh M Krishna.Kerala: Robin Uthappa, Vishnu Vinod, Sanju Samson, Sachin Baby, Vathsal Govind, Mohammad Azharuddeen, Jalaj Saxena, Kalliparambil Rojith, MD Nidheesh, S Sreesanth, Basil Thampi.Karnataka vs Kerala Squads:Karnataka: Ravikumar Samarth (c), Sharath BR (wk), Devdutt Padikkal, Krishnamurthy Siddharth, Karun Nair, Aniruddha Joshi, Abhimanyu Mithun, Jagadeesha Suchith, Shreyas Gopal, Vyshak Vijay Kumar, Prasidh Krishna, Ronit More, Krishnappa Gowtham, Dega Nischal, Rohan Kadam, Aditya Somanna, Darshan MB, Nikin Jose , Shivkumar Rakshith, KL Shrijith, Manoj S Bhandage, Shubhang HegdeKerala: Sachin Baby (c), Mohammed Azharuddeen (wk), Robin Uthappa, Vishnu Vinod, Sanju Samson, Vathsal Govind, Kalliparambil Rojith, Jalaj Saxena, MD Nidheesh, S Sreesanth, Basil Thampi, Vinoop Manoharan, Akshay Chandran, Salman Nizar, Rohan Kunnummal, Sijomon Joseph, Sudhesan MidhunVijay Hazare Trophy 2021 groups and venues:Elite A: Gujarat, Chhattisgarh, Hyderabad, Tripura, Baroda, Goa. Venue: SuratElite B: Tamil Nadu, Punjab, Jharkhand, Madhya Pradesh, Vidarbha, Andhra Pradesh. Venue: IndoreElite C: Karnataka, Uttar Pradesh, Kerala, Odisha, Railways, Bihar. Venue: BangaloreElite D: Delhi, Mumbai, Maharashtra, Himachal Pradesh, Rajasthan, Pondicherry. Venue: JaipurElite E: Bengal, Services, Jammu & Kashmir, Saurashtra, Haryana, Chandigarh. Venue: KolkataPlate Group: Uttarakhand, Assam, Nagaland, Meghalaya, Manipur, Arunachal Pradesh, Mizoram, Sikkim. Venue: Tamil NaduHow do I watch live streaming of Vijay Hazare Trophy 2021?The live streaming of the selected Vijay Hazare Trophy 2021 matches will be available Disney+ Hotstar and Star Sports. You can also catch live updates on insidesport.co Facebook Twitter Previous articlePSL 2021: PCB increases crowd limit from 20 per cent to 50 per cent for Karchi-leg matchesNext articleInd vs Eng 3rd Test: India beat England in just a span of two days; list of shortest-ever Test matches Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. WTC Final 2021: India vs New Zealand Full Squad, Schedule, Live Streaming, Date, Time, Venue all you need to know World Test Championship final IND vs NZ Live Streaming for free with Jio, Airtel and Vodafone Idea, Check out the best Recharge Plan Cricket WTC Final 2021 LIVE: 5 Ways to watch India vs New Zealand World Test Championship LIVE Streaming for free WTC Final Day 3 LIVE Score: Latham, Conway provide solid start- Tea Break; NZ 36/0 (21 ovs)- Follow Live Updates TAGSKarnataka vs KeralaKTK vs KERKTK vs KER Live ScoreVijay Hazare 2021Vijay Hazare 2021 Live Score SHARElast_img read more

Caverton Offshore Support Group Plc (CAVERT.ng) HY2014 Presentation

first_imgCaverton Offshore Support Group Plc (CAVERT.ng) listed on the Nigerian Stock Exchange under the Transport sector has released it’s 2014 presentation results for the half year.For more information about Caverton Offshore Support Group Plc (CAVERT.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Caverton Offshore Support Group Plc (CAVERT.ng) company page on AfricanFinancials.Document: Caverton Offshore Support Group Plc (CAVERT.ng)  2014 presentation results for the half year.Company ProfileCaverton Offshore Support Group Plc is a fully integrated offshore support company in Nigeria offering marine and aviation logistics services for the oil and gas industry in sub-Sahara Africa. The company provides offshore and onshore logistic support with helicopters and fixed-wing aircraft; private charter services for air tours and aerial photography; maintenance, repair and overhaul services for helicopters; and executive ground handling services for helicopter and private jets. Caverton Offshore Support Group Plc owns and manages marine vessels which includes anchor handling tug supply vessels for positioning, maintaining and moving oil and gas rigs; and platform supply vessels for transporting equipment to offshore platforms. The Caverton Group was formed to acquire Caverton Helicopters Limited and Caverton Marine Limited, both of which were already operating in the Nigerian offshore oil and gas logistics industry. The company’s head office is in Lagos, Nigeria. Caverton Offshore Support Group Plc is listed on the Nigerian Stock Exchangelast_img read more

Mkombozi Commercial Bank Plc (MKCB.tz) Q12020 Interim Report

first_imgMkombozi Commercial Bank Plc (MKCB.tz) listed on the Dar es Salaam Stock Exchange under the Banking sector has released it’s 2020 interim results for the first quarter.For more information about Mkombozi Commercial Bank Plc (MKCB.tz) reports, abridged reports, interim earnings results and earnings presentations, visit the Mkombozi Commercial Bank Plc (MKCB.tz) company page on AfricanFinancials.Document: Mkombozi Commercial Bank Plc (MKCB.tz)  2020 interim results for the first quarter.Company ProfileMkombozi Commercial Bank Plc (MKCB) is a commercial bank serving and supporting emerging businesses in Tanzania. The financial institution targets small and medium-sized entrepreneurs, SACCOS and social enterprises such as schools, universities and public enterprises. MKCB started as an initiative of the Tanzania Episcopal Conference in 2009 to address the need to provide financial solutions to start-up businesses aswell as institutional investors and government entities. MKCB has 6 branches in the major towns and cities of Tanzania and plans to extend its footprint to increase accessibility and financial inclusion in areas which cannot be handled by mobile banking. Mkombozi Commercial Bank Plc is listed on the Dar es Salaam Stock Exchangelast_img read more

Journey through rugby – Matt Banahan

first_imgFind a newsagent that sells Rugby World in the UK. Or you may prefer the digital edition on your MAC, PC, or iPad. I signed for Bath when Brian was there, but he then left (to take the England job). So I soon had two new coaches, Steve Meehan and Mark Bakewell, and spent a whole pre-season trying to prove myself to them.I made mistakes early on and acted like I’d made it. I went back to Jersey that season and my brother, Paul, challenged me, asking me if I’d given it my best shot. I had to admit I hadn’t, so we started training together.The next pre-season made me the player I am now as I was paired up with Danny Grewcock. I trained really hard in that pre-season and it led to my first start against Worcester in 2007.A turning point for me was meeting my partner, Becky.  She played for Bath and was once a Rugby World hotshot – she still has the page! – so she understands what it takes and that makes a huge difference to me. The birth of our son, Joseph, was also a massive turning point.Lucky is how I feel to have made it as far as I have. I played my first senior game at 17 and three-and-a-half years later I was playing for England against Argentina at Old Trafford.DID YOU KNOW?Matt has played in 16 Tests for England and scored four tries. He also represented Jersey and the West of England at hockey.This article appeared in the February 2012 issue of Rugby World Magazine. BATH, ENGLAND – MAY 07: Matt Banahan of Bath holds his son Joseph after the Aviva Premiership match between Bath and Newcastle Falcons at the Recreation Ground on May 7, 2011 in Bath, England. (Photo by Michael Steele/Getty Images) For Back Issues Contact John Denton Services at 01733-385-170 Creative giant – Matt BanahanCountry: EnglandAge: 25 (30 Dec 1986)Position: WingBorn: St Helier, JerseyMoved from the back row to the wing by Brian Ashton, Matt Banahan has taken an unusual journey to Test rugby. Here he tells his story… My first sport was hockey, which I did alongside athletics and cricket. At cricket, I was a batsman who could turn his arm over. At athletics, it was long jump and a bit of running.My dad was my hockey coach and he was one of the harshest I’ve ever had. He said he couldn’t show me any favours, but I still remember them as great times.Sport was on my doorstep growing up in Jersey. A hundred metres from school there was a running track, tennis courts, croquet, rugby and football pitches, so how could I fail? I had a huge bag packed with different kit and I’d wander over, see who was playing what and just join in.I was reminded of Jersey in Queenstown, New Zealand. They’re both such sporty places, though the sports are a bit more extreme in Queenstown!I grew too quickly, which put strain on my muscles and I had to let my body catch up with that growth development.I only started playing rugby because I had to. I was 14 and my school, Les Quennevais, did rugby for one term. I played a year later at 15, too, but I didn’t pick up a ball again until a few weeks before my 17th birthday. After missing out on the England hockey team, I told my dad I wanted to try something else.I remember watching Bath play in my teens and saying I wanted to play in the same position as Matt Perry. My dad said, ‘That’s full-back’. It shows you how little I knew!At college is where rugby kicked off for me as all my mates were playing the game. I told the coaches there I played full-back, but they said in that weekend’s game I’d be playing six.I ran the length of the field to score in that first game at college in the December and, after turning 17, I moved straight into senior rugby with Jersey.A huge help for me was Jersey’s RFU Development Officer, Mark White, and I then signed a contract with London Irish just after I turned 18, in January 2005.Matt’s son JosephThe key for me was basic skills. My dad always said that those people who perform the basics the best would succeed. I’ve seen the best players in the world do their basics really well and when they needed to do something else they could. That is what Matt Perry was like.My move from the back row to the backs came at the RFU Junior National Academy, where I was spotted by Brian Ashton. He said, ‘You have the attributes of a winger’ and I loved the idea of moving into the backs again. Would you like to sign up to Rugby World’s excellent weekly email newsletter? Click here. LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALSlast_img read more

Ag Loses out on Defeat of Trucking Weight Increase

first_img SHARE Previous articleTrans-Pacific Partnership Text Now PublicNext articleKelsay Offers His Vision of Farm Bureau’s Future Andy Eubank Ag Loses out on Defeat of Trucking Weight Increase Reaction to SAFE defeatThis week the Safe, Flexible and Efficient (SAFE) Trucking Act amendment was defeated in the U.S. House, although the Highway Bill to which it was attached did pass. Many in agriculture supported the amendment which would have permitted states to increase a truck’s maximum weight to 91,000 pounds on interstate highways from the current 80,000-pound limit with the addition of a 6th axle.Mike Steenhoek of the Soy Transportation Coalition explains who in ag would have benefited from passage.“Grain handlers, those movements from say a local cooperative and it needs to transport grain or soybeans to say a rail shuttle loading facility or to a barge loading facility or an ethanol plant or a soybean processor. A lot of those intermediate regional kinds of movements that rail is not an option for them. There would be a gradual adoption by farmers. Farmers wouldn’t be the ones to just immediately change their fleet or change their truck. It would be some of these companies that would more immediately do that, but you would see more and more farmers adopt it as well.”Colin Woodall at the national Cattlemen’s Beef Association was disappointed by the defeat. Their simple goal is to be more efficient at moving cattle around the country.“We know that we could add additional weight in conjunction with an additional axle and have trucks that were actually safer than what we have on the roads right now. But unfortunately we had groups like America’s railroads who came out against us because they felt that this was going to cut into their ability to stay competitive. Unfortunately they forget that we don’t move cattle, nor do we move beef on the railroads anymore, so this was definitely a slap in the face to us.”Woodall, NCBA Vice President of Government Relations, said they’ll continue to push for higher weight limits after missing out on the prime opportunity that comes with highway reauthorization.The bipartisan amendment was sponsored by Reps. Reid Ribble (R-Wisconsin), Kurt Schrader (D-Oregon), David Rouzer (R-N.C.), and Collin Peterson (D-Minnesota.)“The SAFE Trucking Act would have helped farmers get their product to market more efficiently” said Chip Bowling, president of the National Corn Growers Association. “While we are disappointed that this amendment was defeated, we are happy to see Congress moving forward on long-term highway funding.”The final vote was 187 ayes, 236 nays. Ten representatives did not vote. Home Indiana Agriculture News Ag Loses out on Defeat of Trucking Weight Increase Facebook Twitter SHARE Facebook Twitter By Andy Eubank – Nov 5, 2015 last_img read more

Appeal issued over weekend crash in south Inishowen

first_img Appeal issued over weekend crash in south Inishowen Google+ Arranmore progress and potential flagged as population grows Facebook Twitter RELATED ARTICLESMORE FROM AUTHOR DL Debate – 24/05/21 WhatsApp Facebook An appeal has been issued over a weekend crash in Inishowen. The single vehicle collision happened on Sunday morning at 8.45am at Tooban in Burnfoot.Gardaí in Buncrana are investigating.The car in question, a black Seat Toledo is believed to have been travelling from the Fahan area towards Burnfoot when it lost control and hit a wall.The driver took off on foot and is believed to have headed in the direction of the border.Gardai are appealing to other motorists who may have been on the road at that time and may have witnessed the collision or the driver on foot afterwards to give Gardaí in Buncrana a call.If anyone was on that stretch of road and had a dashcam or if they gave this person a lift Gardai would also like to hear from them on 074-9320540. Twitter Previous article€2bn loan scheme to help small businessesNext articleFurther calls for communal burial ground in Letterkenny News Highland center_img Pinterest Nine til Noon Show – Listen back to Monday’s Programme WhatsApp News, Sport and Obituaries on Monday May 24th Google+ Pinterest Homepage BannerNews Important message for people attending LUH’s INR clinic Loganair’s new Derry – Liverpool air service takes off from CODA By News Highland – July 14, 2020 last_img read more

Food sales ‘normalising’ despite deflation

first_imgTotal food sales grew 0.5% for the three months to May, according to the British Retail Consortium (BRC) sales monitor.While this is an improvement, it is still behind non-food growth, up 2.8% for the same period.By 2020, grocery research company IGD forecasts predict that the food sector will see double digit growth in sales with a 13% increase.David McCorquodale, head of retail at KPMG, which publishes the sales monitor research with the BRC, said: “The slight improvement in the three-month average food sales reflect the grocer’s relentless grind for growth and encouragement can be drawn from that.  However, as highlighted by the decline on a like-for-like basis, this recovery continues in the eye of a price deflation storm which continues to benefit the consumer.”Joanne Denney-Finch, chief executive of IGD, added: “Although the May food sales figures were only a slight improvement on last year there are some positive signs for food companies. After a prolonged period of food and drink deflation, any growth is a solid achievement, especially given the wet and cool weather in May.“If OBR expectations of slowly returning inflation are correct, this should give a modest boost to sales over the medium term and with a steady rise in population, our latest market forecasts predict 13 per cent sales growth for the sector between now and 2020.”last_img read more

Waitrose exports biscuits to China

first_imgThe supermarket has started to sell its Waitrose Duchy Organic biscuits to China, as part of a new deal to export to the country for the first time.The 10 biscuit lines, which include the Highlands-made Duchy Organic Shortbread Petticoat Tails and Duchy Rosemary & Thyme Oaten Biscuits, are part of an initial range of 30 products being exported to China by the retailer. Other lines include tea, nuts and beauty products.They are being exported through Royal Mail’s store on Tmall Global, an online marketplace also used by United Biscuits, after it forged a deal in 2015.Mark Williamson, commercial director at Waitrose, said: “The potential for Waitrose in China is huge and, although it’s a relatively modest start, it’s our ambition to see it become our biggest international business in the next three to five years.“We are proud that Waitrose is recognised around the world for quality, and excited to be reaching new markets.”Royal Mail’s store specialises in championing British companies, and its dedicated Waitrose page has information about the brand alongside the product listings.Richard Snowdon, international director at Royal Mail, said: “We are delighted to welcome Waitrose to the Royal Mail store, and to offer its products to Chinese consumers.“Our Tmall Global shop front brings British brands together with hundreds of millions of shoppers in China. For British retailers and exporters, Royal Mail offers an accelerated opportunity to access the China market and, for consumers, we provide a distinctive range of quality British products delivered right to their door.”last_img read more

STS9 Announces Red Rocks & Paramount Theatre Shows

first_imgMoving out of their milestone 20th anniversary year, jamtronica pioneers STS9 announced an upcoming three-night Colorado run dubbed STS9 Presents: Push The Sky.STS9 will open up the run with a warm-up all-improvisational Wave Spell Experience at Denver’s Paramount Theatre on Thursday, September 5th. The quintet will then head to Morrison, CO’s Red Rocks Amphitheatre on Saturday and Sunday, September 6th and 7th for two headlining performances, each of which will feature three sets of STS9 music from past, present, and future.The band’s full announcement reads,We head back to one of our favorite venues on the planet for another 2-night RRX blastoff!! Each night we’ll be performing 3 sets spanning STS9 music from past, present, and future. Our new ‘Push The Sky’ concept will allow us to take the open space of the amphitheater to create an immersive production around our theme of universal mythology… using our music, art and production to create transcendent moments and guide us towards the cosmos to deepen our connection with the universe.Special three-day weekender pre-sale passes will be available exclusively for Bandcamp subscribers this Wednesday, April 3rd at 10 a.m. (MST)Tickets go on sale to the general public this Friday, April 5th at 10 a.m. (MST) here.For pre-sale information and more on the band’s upcoming run, head here.For a full list of the band’s upcoming tour dates and ticketing information, head to STS9’s website.last_img read more