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The source explained that such firms will now be obliged to pay a 5% tax on turnover rather than the previous 2% duty on revenues with state-determined exchange rates utilized to calculate the local equivalent of any amount owed in a foreign currency. The diversity of our table games and casino portfolio offers something for everyone, helping the operator to cross-sell to its existing land-based player base and attract new audiences.According to a report from Inside Asian Gaming, the Isle of Man-based company detailed that the rise comes after the government of President Rodrigo Duterte passed legislation last month that is to more than double the domestic tax rate for online gambling operators holding a Philippine Offshore Gaming Operator (POGO) license.play roulette casino online

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