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JP Morgan Expects Macau’s September 2023 Revenue Decline Due to Natural Calamity

Based on the gross gaming revenue levels reached by Macau’s gambling industry in the first ten days of this month and the heavy weather conditions featuring the same period, financial agency JP Morgan reportedly anticipates that September 2023 will represent a ‘’month to forget’’ as far as any market accomplishments are concerned.

Lower Daily Revenues:

Asian Gaming Brief(AGB) refers to the JP Morgan’s recent data to report that the gross gaming revenues (GGR) generated by the Macau casino industry over the first 10 days of September are believed to have reached the MOP4.3 billion ($533.1 million) level, which stands for the daily market revenue figure of MOP430 million ($53.3 million) which is rat…...

Tabcorp Holdings Limited agrees Queensland tax settlement

Only a few days after completing the demerger of its lottery and keno business and Australian bookmaker Tabcorp Holdings Limited has announced the settlement of litigation with the state of Queensland that is to see it hand over approximately $108 million in unpaid taxes.

The Melbourne-headquartered firm used an official press release to detail that this arrangement came after the state initiated legal proceedings in 2019 as part of an attempt to recoup cash owed via its 15% point of consumption tax. Tabcorp Holdings Limited had long argued that this duty was unfair due to the fact that its rate was considerably higher than those in neighboring jurisdictions such as the Northern Territory.

Corresponding correlation:

At the same time as unveiling this a…...

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What’s in Your Lottery Toolbox-

Lottery players be careful with the unexplored world. Assuming you play the lottery in your state or nearby town, be certain you know current realities about the lottery and how to work on your chances. Lotteries are intended to create income for some, things relying upon how the pay is reserved, yet one thing is sure, the lottery wasn’t intended for you to win, with any extraordinary chances in support of yourself. sources from 291bet.com.ph It’s time you reversed the situation a piece and work on your possibilities.

Powerball and Super Millions are the two top lottery games across the US and their chances of hitting a Bonanza Prize are really amazing, without a doubt. Powerball for example, as…...