The 50p top rate of tax to hit UK growth and cut tax receipts, claims think tank

first_img Tags: NULL whatsapp The 50p top rate of tax to hit UK growth and cut tax receipts, claims think tank THE 50p top rate of income tax will hammer British growth and actually reduce government tax receipts, a Westminster think tank will say today.“Evidence from overseas shows that high top tax rates fail to produce public revenues and injure economies,” the Adam Smith Institute (ASI) argues.Labour mobility among high earners, relocation by businesses, lost economic activity and higher use of tax shelters were calculated to drag on growth and revenues due to more punitive taxes, according to the report.“The introduction of the 50p tax rate, along with the 40 per cent higher tax rate band and high capital gains tax levels, has stifled our competitiveness and economic growth,” its report states.And chancellor George Osborne should scrap the “revenue-losing” £30,000 non-domicile charge, the ASI is expected to demand, ahead of the budget this month.Yesterday the tax system was attacked as “the longest and most complex in the world,” by the ICAEW group of accountants. “It not only makes it harder for UK businesses to operate but undermines confidence in the UK as a place to invest,” said ICAEW’s Ian Strange.However, the coalition government received a ringing endorsement of its “Plan A” for fiscal consolidation today, from City economist Dr Tim Morgan. “The UK’s past fiscal profligacy is unaffordable and unsustainable,” said Morgan, author of a report released today by the Centre for Policy Studies.“The UK cannot borrow its way out of a debt problem,” Morgan added. “And the planned spending cuts are not ‘massive’ — the reality is that they merely unwind a small part of the earlier profligacy,” he said. Share Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrapcenter_img whatsapp KCS-content Wednesday 9 March 2011 7:46 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition Show Comments ▼last_img read more

A BUDGET FOR GROWTH | WHAT MEASURES COULD THE CHANCELLOR INTRODUCE THIS WEEK?

first_img Show Comments ▼ Tags: NULL A BUDGET FOR GROWTH | WHAT MEASURES COULD THE CHANCELLOR INTRODUCE THIS WEEK? Sunday 20 March 2011 11:35 pm ● National insurance to be merged with income taxThe chancellor is expected to signal his intention to allow employers to pay national insurance and income tax in a single combined payment. ● ApprenticeshipsIn a bid to tackle the high number of young “NEETS” (not in employment, education or training) 50,000 apprenticeships could be funded by the state.● Freeze on fuel dutyIn response to escalating fuel prices, still facing upward pressure from instability in the Middle East, the planned increase of 1p on a litre on petrol may be put on hold.● Air passenger duty frozenThe chancellor is also expected to freeze air passenger duty, although he could apply it to corporate and private jets. ● Personal allowance increaseThe tax free allowance could get an incremental rise to around £8,000.● Non-domiciles to be targetedThe government may turn to higher taxes on so called “non-doms”.­● Planning regulations relaxedThe construction industry could get a boost from a cut in planning restrictions, designed to encourage business growth.● Public sector reformPrivate companies could be allowed a greater role in the running of some government sector services, in an attempt to stimulate enterprise and efficiency.● Foreign-earned profits left aloneLarge corporations may be tempted back to these shores by a pledge to tax less from overseas profits.● Cigarettes and alcoholSmokers and drinkers are likely, yet again, to face even higher taxes. However, the ailing pub industry could be helped by lower taxes on weak beer. Share whatsapp KCS-content More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comPuffer fish snaps a selfie with lucky divernypost.com whatsapplast_img read more

Real wage drop hits fastest rate since the 1920s

first_img KCS-content Sunday 10 April 2011 10:57 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesDrivepedia20 Of The Most Underrated Vintage CarsDrivepediamoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Share whatsapp THE UK faces the biggest squeeze on household incomes for 90 years, according to the Centre for Economic and Business Research (CEBR).Disposable incomes, allowing for inflation, are likely to fall by two per cent over the course of 2011, the CEBR has forecast.On top of a 0.8 per cent fall in real incomes last year, this would be the biggest drop since 1921, excluding World War Two and the General Strike.“We have been pointing out the pressures on household incomes for over a year, during which the underlying position has deteriorated as average earnings growth has remained very low while commodity price inflation has accelerated,” said the CEBR’s Douglas McWilliams.The think tank has published one of the gloomiest forecasts for UK growth in 2011, expecting just a one per cent expansion in GDP. center_img Show Comments ▼ More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org whatsapp Real wage drop hits fastest rate since the 1920s Tags: NULLlast_img read more

Kroenke to launch bid for Arsenal

first_img Show Comments ▼ KCS-content Sunday 10 April 2011 11:58 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailBrake For ItThe Most Worthless Cars Ever MadeBrake For ItSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com ARSENAL’S much cherished status as an independently-owned football club was under threat last night after it emerged that the US businessman Stan Kroenke had done deals to take his shareholding up to 62 per cent. Kroenke, who already owned 29.9 per cent of the club’s shares, was said to have agreed to purchase the shares of a sick Danny Fiszman and Nina Bracewell-Smith.A statement from Kroenke is due out this morning but last night the club was making no comment. Kroenke is expected to now offer the price he paid for his latest purchases, £11,500 each, to any of the remaining shareholders in the club, as takeover rules stipulate.At the current share price Arsenal is valued at around £700m. It is a famously well-run club commercially, although many of its supporters feel it should at times spend more on its team. Kroenke will be expected today to give some idea how he is financing his latest investment. There is widespread cynicism in the UK about US stewardship of clubs since fans at Manchester United and Liverpool, where there has been a recent history of US ownership, have been unhappy about aspects of their control.Alisher Usmanov, Arsenal’s remaining large shareholder, has not made it clear how he will react to Kroenke’s move. Kroenke to launch bid for Arsenal center_img whatsapp Share whatsapp More From Our Partners Biden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com Tags: NULLlast_img read more

Hansteen completes £150m share issue to boost expansion

first_img Show Comments ▼ KCS-content Tags: NULL More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.com whatsapp whatsapp Hansteen completes £150m share issue to boost expansion Share Wednesday 13 April 2011 8:19 pm PROPERTY investor Hansteen has raised £150m through a share issue, as it looks to cash in on cut price properties arising from the financial downturn.The real estate firm, which specialises in industrial estates and business parks, said yesterday it had successfully issued 185m new shares through a £50m placing with existing shareholders and an £100m open offer.It priced the sale at 81p per share, representing a 4.9 per cent discount to the closing mid market price of 85.2p per share the company had been trading at on Tuesday this week.Hansteen said it would use the cash to expand its purchasing programme in the UK and across Europe. The firm acquired approximately £460m of property in ten transactions, purchased from a bank seeking to resolve an impaired loan.It said the problems being faced by banks with real estate loans would continue into next year, posing “attractive investment opportunities”.Joint chief executive Ian Watson said: “Access to capital and management expertise will be key to exploiting opportunities.”ADVISER TO HANSTEENSIMON HAYESPEEL HUNTSIMON Hayes led the Peel Hunt team on the Hansteen share offer. As chief executive and head of broking at the boutique firm, he advises a wide range of companies.Peel Hunt has announced a hat trick of transactions this week, as the brokerage continues to go from strength-to-strength since its management completed a buy out from KBC last year.The recent deals include a £12m placement for online dating business Cupid and a £16m placing for Primary Health Properties.The Hansteen deal is one of the biggest placings in the property sector over the last few years, since Capital Shopping Centres raised £200m in 2009. Before becoming chief executive in 2006, Hayes was head of corporate finance. He joined the firm in 1993.He read classics at Durham and has an MBA from the Cranfield School of Management.He led the team from Peel Hunt, which acted as sole sponsor, broker and underwriter. It included Capel Irwin, Simon Brown and Kate Barlow. last_img read more

Plata o Plomo by Spinmatic

first_img25th July 2018 | By Aaron Noy Casino & games Plata o Plomo? You decide! Money laundering, illegal drugs and mules on one side, U.S. and local law enforcement on the other… Will Pablo Escobar –one of the most infamous “narcotraficante” or drug dealer of his time, if not the most– be able to escape his custom designed prison called “La Catedral”? Or will the police force be able to catch and bring him to justice? See for yourself by diving into the exciting and yet dangerous world of ‘Plata o Plomo’! Plata o Plomo by Spinmatic AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Casino & games Slots Email Address Subscribe to the iGaming newsletter Plata o Plomo? You decide! Money laundering, illegal drugs and mules on one side, U.S. and local law enforcement on the other… Will Pablo Escobar –one of the most infamous “narcotraficante” or drug dealer of his time, if not the most– be able to escape his custom designed prison called “La Catedral”? Or will the police force be able to catch and bring him to justice? See for yourself by diving into the exciting and yet dangerous world of ‘Plata o Plomo’!Click here to play the demo!last_img read more

Cejuego blasts government over delayed casino reopenings

first_img Subscribe to the iGaming newsletter Bingo Cejuego blasts government over delayed casino reopenings Email Address 3rd June 2020 | By contenteditor Spanish gambling trade association the Consejo Empresarial del Juego (Cejuego) has hit out at the country’s government over its decision to delay the reopening of gaming venues until phase three of the country’s exit from lockdown.All gambling facilities across Spain have been closed since 14 March, when the country entered lockdown in an effort to slow the spread of novel coronavirus (Covid-19).As the Covid-19 situation is now improving in Spain, the country’s government has relaxed some restrictions as it proceeds with a phased exit from lockdown, with certain facilities now permitted to reopen in select regions.The most recent update from the government placed gambling facilities in phase three of the process. As of 1 June, only the Canary Islands of El Hierro, La Gomera and La Graciosa, and the Balearic Island of Formentera, were classed as being in phase three, meaning gambling venues in these regions can now reopen.Last week, Spanish gambling regulator Dirección General de Ordenación de Juego (DGOJ) issued a warning to gaming venues not to reopen until they were permitted to do so by the government.Cejuego has now criticised the decision to delay the reopening of gaming venues to this latter stage, despite such facilities being similar to that of bars and retail stores that have already been permitted to reopen.“According to the Royal Decree of March 14, once the de-escalation began, it would be carried out by health-related criteria and not by area of activity: this is not being respected,” Cejuego chief executive Alejandro Landaluce said. “It is being carried out in a discriminatory way and as a sector we feel disadvantaged.”Cejuego also criticised some of the criteria that venues must adhere to when they are permitted to reopen, with the Ministry of Health saying gaming rooms may open at 50% capacity but not have more than 50 people inside, including staff. The association said that while this may be possible for some gaming rooms and betting shops, it is “incompatible for the opening of casinos and bingo halls”.Landaluce said: “We do not understand that a restriction of 50 people is applied to the gambling venues, regardless of the capacity of the room, as it is a measure that does not adhere to sanitary reasons and that is not applied in other activities similar to gambling.“Establishments such as bingo halls and casinos require a large number of staff to operate, so this measure is incompatible with the opening of the activity in many cases.”Landaluce also noted that if venues were to reopen at such limitations, it would be difficult for operators to reactivate employment and remove some staff from ERTE (furlough). According to Cejuego, over 47,000 people are employed in the retail gambling sector in Spain, with a further 174,500 indirect jobs related to the market.“It is difficult to explain to your workers that they have to continue to be on furlough while they see how other sectors with similar characteristics are returning to work,” Landaluce said.“We face daily the uncertainty of whether the opening authorisation will take place or not within a period of less than 24 hours, without prior notice that allows us to prepare the venues and employees for the opening.”Last week, it was also confirmed that professional sport in Spain will resume this month following the Covid-19 enforced suspension, with horse racing to return from 3 June, followed by the country’s football leagues on 11 June. Spanish gambling trade association the Consejo Empresarial del Juego (Cejuego) has hit out at the country’s government over its decision to delay the reopening of gaming venues until phase three of the country’s exit from lockdown. Regions: Europe Southern Europe Spain Topics: Casino & games Legal & compliance Sports betting Bingo Tags: OTB and Betting Shops AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

Kindred: Match-fixing threatens “fundamental idea of sports”

first_img Kindred: Match-fixing threatens “fundamental idea of sports” 5th June 2020 | By Conor Mulheir Sports betting AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Kindred Group chief executive Henrik Tjärnström described match-fixing as one of the biggest threats facing professional sport, when announcing the operator’s involvement in Fair Sports 4 All, its latest collaboration with the European Football for Development Network (EFDN).Kindred originally partnered with the network last year, becoming its first commercial community partner. It has since collaborated on projects such as Active Fans, a programme aimed at encouraging over 35s to keep physically active, and #supporterofeachother, a campaign to encourage individuals, sports teams and companies to support one another through the Covid-19 pandemic.Fair Sports 4 All is the latest in this series of collaborations, and focuses on the battle against match-fixing in professional sport.The project will involve online education and networking for elite sports clubs, athletes, players and managers. Although the project is aimed primarily at the football industry, other mainstream sports will be able to benefit from its guidelines.The aim is to increase awareness of match-fixing among players, managers and other stakeholders in professional sport. Those receiving the training will also learn coping skills for resisting the temptation of match-fixing, and how best to report suspected match-fixing to the relevant authorities.“Match-fixing is a threat to the fundamental idea of sports,” Kindred CEO Tjärnström said. “Billions of people around the world enjoy participating in or consuming sport, and if the unpredictability of sport events is taken away, this fundamental idea is in severe jeopardy.Explaining the relevance for Kindred, he continued: “Match-fixing is also a threat to the gambling industry. If people lose faith in the honesty of sports events, they will lose faith in betting products as well. Therefore we are excited for the Fair Sports 4 All project where we can, together with EFDN, truly make a difference and together fight this very important battle.”Hubert Rovers, CEO of the EFDN added: “We are proud to launch the programme together with Kindred, a competent partner with a sustainability-driven approach for sponsorships and community initiatives.”While the betting industry is vocal about the dangers of match-fixing, the scale of the problem is difficult to ascertain. The industry’s main integrity watchdog, the International Betting Integrity Association (IBIA), reported an increase in suspicious activity for the first quarter of 2020, while the Global Lottery Monitoring System (GLMS) which monitors betting across lottery-operated sportsbooks, highlighted a decline. Kindred CEO Henrik Tjärnström today explained the importance of the operator’s latest collaboration with The European Football for Development Network; Fair Sports 4 All.center_img Regions: Europe Topics: Sports betting Subscribe to the iGaming newsletter Email Addresslast_img read more

Delaware igaming revenue slips to eight-month low in October

first_imgHowever, this also represented a 23.4% month-over-month decline, for the market’s lowest monthly total since $514,959 in March. Online gambling revenue in October amounted to $643,714 (£485,193/€541,972), up from $246,092 in the same month last year. Video lottery games (slots) again proved to be the main source of income for operators, with revenue here amounting to $450,428, ahead of table games at $150,010 and poker rake and fees on $43,276. 17th November 2020 | By Robert Fletcher As with revenue, this represented a fall from the prior month, albeit not as steep, falling 1.4%. Topics: Finance Online casino Players wagered a total of $17.8m on online gambling in October, an increase of 89.4% on the same month last year, and won a total of $17.2m in the process. Finance AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The Delaware Lottery reported a 161.6% year-on-year increase in igaming revenue for October, though this was its lowest monthly total since March. Read the full story on iGB North America. Delaware igaming revenue slips to eight-month low in October Subscribe to the iGaming newsletter Regions: Delaware Email Addresslast_img read more

Veikkaus to introduce ID verification for slots from 12 January

first_img Regions: Nordics Finland AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address Current restrictions, imposed since late November amid a surge in Covid-19 cases in multiple regions, are due to expire today (15 December). There are currently just three districts – Lapland, Eastern Savo and North Savo – in which it can offer land-based gaming. 15th December 2020 | By Robin Harrison It had previously pledged to roll out the feature by the end of January, but has now confirmed that this will be in place earlier than planned. After its long-awaited introduction, players must log in order to gamble on the slots, and will also be able to self-exclude from the terminals.  This shut-down of the operator’s Casino Helsinki venue, and its Feel Vegas and Pelaamo arcade chains, has prompted the operator to enter negotiations with staff over temporary lay-offs, of up to 90 days.  This, however, will only be introduced at devices hosted in third party locations. Account-based play will not be rolled out at Veikkaus’ proprietary slot arcades until summer next year.  In related news, Veikkaus will find out tomorrow (16 December) if it will to have to keep its land-based operations in a number of regions of the country shuttered as a result of rising novel coronavirus (Covid-19) cases.  Tags: Veikkauscenter_img Land-based casino “We continue following the instructions and will act accordingly,” the operator’s senior vice president of channels and sales Jari Heino said. “The authorities have access to the best expertise available as regards the coronavirus pandemic, and we will naturally act in compliance with their instructions.” Subscribe to the iGaming newsletter Topics: Casino & games Land-based casino Slots Finnish gambling monopoly Veikkaus has confirmed that compulsory identity verification controls will be in place across its network of slot machines from 12 January, 2021. A pilot programme for the account-based play began in September, before being expanded to more regions in November. Its introduction follows efforts by Veikkaus to reduce the number of slots in operation across the country, with 8,000 to be taken offline by the end of the year. Having originally committed to taking 3,500 devices out of service, it increased this number in June. Veikkaus to introduce ID verification for slots from 12 Januarylast_img read more