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According to a report from Inside Asian Gaming, the new Bayanihan to Recover as One Act is to require iGaming firms possessing a Philippine Offshore Gaming Operator (POGO) license to pay a 5% tax on turnover rather than revenues with an official exchange rate utilized to calculate the local equivalent of any amount owed in foreign currencies.Blueprint Gaming’s progressive jackpot system continues to expand on a regular basis. Players will be even more excited to play the online slot game as it provides a higher potential to win large prizes no matter the stake and on any spin....

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In the Philippines and President Rodrigo Duterte (pictured) has reportedly signed a piece of legislation into law that has been designed to more than double the amount of tax collected from domestic holders of an offshore gaming license.FL looks to rake in from legal sports betting, according to a September 2018 Nielsen Sports Study (pdf) commissioned by the American Gaming Association (AGA).S....

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Inside Asian Gaming furthermore explained that this is all part of a long-running campaign that is attempting to get such operations to more promptly fulfil their federal tax commitments and honor any outstanding deficits.According to a report from Inside Asian Gaming, the new Bayanihan to Recover as One Act is to require iGaming firms possessing a Philippine Offshore Gaming Operator (POGO) license to pay a 5% tax on turnover rather than revenues with an official exchange rate utilized to calculate the local equivalent of any amount owed in foreign currencies.According to a report from Inside Asian Gaming, the new Bayanihan to Recover as One Act is to require iGaming firms possessing a Philippine Offshore Gaming Operator (POGO) license to pay a 5% tax on turnover rather than revenues with an official exchange rate utilized to calculate the local equivalent of any amount owed in foreign currencies....