Thursday, April 18, 2024

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Approval granted for amendment to Goa GST Act

The government of Goa has given the ok to amend the local Goods and Services Tax Act to clarify the taxability of various forms of gambling.

Goa to amend tax regulations on gaming

In a significant move, the Goa regional cabinet has given its approval to amend the Goa Goods and Services Tax (GST) Act, with the aim of providing clarity on the taxability of casinos, horse racing, and online gaming.

Kambi signs a multi-channel sportsbook partnership with Bingoal

Kambi Group plc has signed a long-term sportsbook partnership with Bingoal, a leading operator in Belgium and the Netherlands, to provide its sportsbook to Bingoal across its online and retail channels.

Philippines sets 7.7 million tourist arrival goal for 2024, outpacing 2023 target

The Philippines aims to draw in 7.7 million international visitors in the coming year, surpassing its arrival goals for 2023, as stated by the Department of Tourism (DOT) on Tuesday.

Diversification goal will not prevent casino revenue growth: MGM China Executive Director Pansy Ho

The planned investment by Macau gaming concessionaires in non-gaming elements will not prevent casino revenues from increasing in the future, the Chairperson and Executive Director of MGM China, Pansy Ho, commented recently.

Government confident Macau could reach $26.8 billion GGR goal in 2024

Secretary for Economy and Finance Lei Wai Nong expressed confidence that the Macau SAR gaming sector will be able to generate MOP216 billion ($26.8 billion) in 2024.

Macau $22.4 billion GGR goal “impossible” to achieve in 2023: Chief Executive

Macau's Chief Executive Ho Iat Seng, considers it "impossible" for the SAR to reach the MOP180 billion ($22.45 billion) goal within 2023.

Improvement of basic infrastructure key to Philippines tourism goals: Tourism Secretary

Improving the country's basic infrastructure will be key for the Philippines' goal of becoming a "tourist powerhouse in Asia", says the Philippines Tourism Secretary Christina Frasco.

Goa gov’t will not allow new offshore casinos: minister

Goa Chief Minister Pramod Sawant has pledged his government will not give permission to any more offshore casinos.

Indian casino organizer flees to Goa over firearms case

Indian casino organizer Chikoti Praveen is said to be ‘absconding’ from police and has reportedly fled to Goa, following a run in with authorities over possessing weapons illegally.