first_img Italian bookmakers face cruel summer as ADM sanctions shop closures July 27, 2020 Share Di Maio’s man Giacomo Lasorella takes leadership of AGCOM August 17, 2020 After decades of decline, Italian horse racing has been thrown a lifeline in the form of the country’s latest Budget Law. Most notably, the turnover-based tax regime that has been so detrimental has been replaced by a new gross gaming revenue (GGR) tax.The GGR tax regime for horse racing is based on that already implemented in the sports betting sector. However, horse racing taxes – set at 43% for retail bets and 47% for online – remain significantly higher than the 18% and 22% that land-based and online sports betting has to deal with.  The situation has been further improved by the loosening of strict laws, with this liberalisation expected to lead to industry growth. Previously, betting on horses was restricted to official betting lists published by Italian gaming authority ADM, but the Budget Law has relaxed this. After sports betting laws were similarly relaxed, the Italian gaming market witnessed sizeable growth, and it is hoped it will have the same effect on horse racing. Additionally, the Budget Law postponed the country’s proposed new betting licenses, so to allow local municipalities time to change their laws accordingly. The existing betting shop and corner licenses have been extended for the full year, against the payment of an annual extension fee of €6000 per betting shop and €3500 per betting corner. A new tender for betting shops and corner licenses also aims to take in €410 million by the end of September. New ADM chief: Italy to keep strictest monitoring on gambling incumbents July 6, 2020 StumbleUpon Share Related Articles Submitlast_img read more


first_imgWellington Police notes: Friday, Nov. 13 to Sunday, Nov. 15, 2015: Friday, November 13, 2015•1:48 a.m.  Officers investigated a theft in the 500 block E. Harvey, Wellington.•9:37 a.m.  Officers investigated a battery of a known subject(s) in the 1200 block N. B, Wellington.•11:24 a.m.  Officer assisted an outside agency in the 900 block S. C, Wellington.•1:16 p.m.  Officers took a report of suspicious activity in the 800 block E. 16th, Wellington.•2:30 p.m.  Juvenile male, 17, Wellington was detained and referred to juvenile court.•7 p.m.  Officers took a report of suspicious activity in the 900 block S. Cherry, Wellington.Saturday, November 14, 2015•4:49 a.m. Officers took a report of a suicidal subject in the 500 block S. G, Wellington.•9:15 a.m.  Gary W. Waltrip, 44, Wellington was issued a notice to appear for defective trailer lights.•10:02 a.m.  Officers took a report of a family dispute in the 900 block S. C, Wellington by known subject(s).•2:16 p.m.  Morgan P. Barkley, 22, Caldwell, was issued a notice to appear for speeding 57 mph in a 45 mph zone.•4:05 p.m.  Zachary R. McCreery, 23, Wichita, was issued a notice to appear for illegal registration/expired.•9:48 p.m.  Krishelle L. Tracy, 41, Wellington was issued a notice to for defective headlight.Sunday, November 15, 2015•11:18 a.m. Officers took a report of suspicious activity in the 1000 block W. College, Wellington.•1:12 p.m.  Officers took a report of suspicious activity in the 800 block W. Hillside, Wellington.•4:35 p.m.  Brandon J. Nottingham , 21, Norwood, La. was issued a notice to appear for speeding 56 mph in a 45 mph zone.•7:49 p.m. Officers took a report of a suicidal subject in the 800 N. Woodlawn, Wellington.•8:48 p.m.  Glenda C. Wright, 50, Wellington was issued a notice to appear for defective headlight.last_img read more