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Gambling operator Paddy Power Betfair posted a trading update for the three months and the year ended December 31, 2016. The company highlighted revenue increase despite bettor-friendly results and certain “weakness” in its online gaming performance during the fourth quarter of the year. Revenue for the three months ended December 31, 2016 totaled £388 million, up 10% from the same period a year earlier. Sports betting revenue amounted to £299 million, reflecting a 12% increase year-on-year. According to the figures posted, Paddy Power Betfair generated gaming revenue of £89 million during the reported three months.

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Casino workers in Macau went on strike in order to demand a 5% pay increase, along with new legislation that would benefit trade unions. Professionals for Gaming of New Macau, announced that the goal was to direct the government’s attention to the casino worker’s low wages, and make the casinos understand that their budget for wages and salaries needed to be updated due the local economy’s attack of inflation.

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In the seven years since the first of Maryland’s six casinos opened, they have pumped $1.7 billion into the state’s Education Trust Fund — the financial windfall that advocates for gambling promised would go to the state’s public schools. But over that time, casino funds have not gone to bolster school budgets more than what the state already was required to spend — and some jurisdictions, including Baltimore, have suffered funding cuts.

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The State of Florida appealed a court ruling made by a US District Judge last November that allowed the Seminole Tribe to keep blackjack at its casinos until 2030. The appeal filing has come as the latest development in a prolonged legal battle between the Seminoles and the state.The conflict stemmed from a gambling compact tribal and state officials put their signatures on back in 2010. Under the agreement, the Seminoles became the sole providers of blackjack in the state. They were to run blackjack operations until the summer of 2015.

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Croatia’s first licensed online poker room was launched last week and, according to initial information, has so far beaten traffic expectations. The website was expected to go live in mid-2016 but owners decided to delay launch for regulatory reasons. Under Croatia’s gambling laws, a license for the operation of online poker is valid from January 1 to December 31. An operator must also pay a licensing fee of around €600,000 in order to be given the nod to operate in the country.

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Acccording to Casino News Daily,vietnamese will no longer be forbidden from playing at local casino under a three-year pilot program introduced by the government.  Vietnamese citizens will have to meet certain requirements in order to be allowed to enter local casinos. They will have to be aged 21 or over and to be able to prove that they have monthly income of no less than VND10 million ($443).

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Russia is reporting an increasing the gaming device taxes paid by casino. The government requires for casino to pay monhlthly taxes for each table game and slot machine that they use ; Currently, there is no formal GGR tax in the country, but the Russian government requires casinos to pay a monthly device tax. Licensees in Primorye pay RUB125,000 (USD2,101) per table monthly and RUB7,500 (USD126) per slot machine for one month, according to Union Gaming.

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