Europe was a confusing destination to do gambling business in 2015. Gaming regulations within the EU lacked harmony, despite the most readily useful efforts of the European Commission.
Europe faced a boatload of regulatory issues this year. No question, 2015 was a challenging 12 months for online gaming operators within the EU, as tighter laws from numerous countries created a more and more fragmented regulatory landscape.
From taxation levels to player pools, Europe continues to be an unharmonious online gaming space.
Meanwhile, the new EU tax on digital services, and the UK point of consumption tax, squeezed operators’ margins and ushered in an interval of consolidation for the gambling industry.
Several countries selected to manage online gambling and start their markets up to international operators, increasing the tax hassle for organizations who desired to engage these new licensed markets.
Hoping to raise some much-needed tax income, Portugal’s cash-strapped government finalized its brand new online gambling bill into legislation in June, nevertheless the brand new regime’s taxation needs were criticized by the industry for being overly complex and punitive. That’s because casino and poker revenue is currently taxed between 15 % and 30 percent depending on an operator’s annual income.
Portugal’s decision allowing the former state monopoly to pay up to 50 percent less income tax t Continuar lendo European countries in 2015: A Fragmented Regulatory Landscape for on the web Gaming
The 2015 November Nine kicked off with a whimper, perhaps not a bang. The focus was on players tanking and acting as if they had little interest in actually playing poker on the first day of play Sunday night.
Patrick Chan stumbled on the WSOP Main Event table that is final having a small stack that lasted precisely two hands.
Federico Butteroni’s crowd looks in since the Italian discovered himself all in during the nine with a hand dominated by chip leader Joe McKeehen november. (Image: ESPN broadcast of WSOP)
Chan woke up with K♠Q♣ in the small blind, facing an all-in bet by overwhelming chip leader Joe McKeehen. After careful consideration, Chan made the call with simply 16 blinds that are big. In a near coin-flip situation, it was McKeehen securing to bust the short stack.
The excitement during the table that is final and ended with that hand. More than five hours later on, as soon as the session concluded, viewers were left wondering whether all of the players were just looking to move up the pay slots, or were actually interested in winning the tournament.
Stern and Neuville Put Viewers on Tilt
36-year-old Israeli Ofer Zvi Stern and 72-year old Belgian Pierre Neuville received critique from viewers for tanking, especially Stern. Neuville took approximately 10 moments to act nearly every time after looking at his cards, even though he hardly ever played a hand.