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Tag Archives: Licence fee

Uruguay – Uruguay debating bill over licence fee distribution

A bill presented in the House of Representatives aims to change the way gambling revenue is distributed throughout the state. New proposals would send 40 per cent generated by licence fees directly to the department where any future casino is located (Uruguay consists of 19 departments). The initiative put forward by Deputy Andrés Carrasco proposes…

The Philippines – Pagcor agrees to cut Entertainment City licence fees

State-owned operator and regulator Philippine Amusement and Gaming Corporation (Pagcor) has agreed to reduce license fees for the four casino operators in Entertainment City as it looks to counter tax concerns. Pagcor and the four casino licensees said they signed an agreement reducing license fees, as a percentage of gross gaming revenues, by 10 per…