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Although NRL boss Todd Greenberg has stated that no formal investigations are currently taking place, a report published on June 2 suggests that two Sea Eagles games are now under investigation.
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Social gaming developer Zynga has spent the last year making plans to enter the American online gambling market. Investors were excited at the possibility of Zynga breaking into the burgeoning […]
De Silva is unhappy with the opposition’s plan to place a 5% tax on revenues, while exempting casinos from Sri Lanka’s 12% value- added tax and 3% national building tax. Comparing these tax breaks to those of the average citizen, he points out that while people are paying a much higher tax rate for canned fish and other edibles, the new casinos will be paying a lower rate in comparison. “Is this equitable tax policy of this country?” cried de Silva. Answer: the government is going to make a whole lot more off the lower casino tax rate revenues than they will off the higher canned fish tax revenues, because a whole lot more money is going to flow into casinos than out of canned fish. Economics 101.
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