Brazil set to revert to 3 percent turnover tax for sports betting

The Brazilian government sets to levy a 3 percent turnover tax on licensed sports betting operators, instead of the reduced 1 percent rate in a draft Presidential Decree that was published earlier this year.

According to a legal source close to the matter, this is due to the 3 percent rate being included in Law Number 13,756/18, passed in December 2018 that legalized sports betting and created a 2-year window for the legislature to develop regulations.

The country’s Presidential Decree setting out the regulations governing sports betting can’t override the law, resulting in the tax rate that is reverted to the original sum, the legal source of iGamingBusiness.com explained.

Operators will also be required to pay an R$3m (about £546,135/ €655,360/ US$730,332) fee for a licence in nine years, with monthly fees differing for land-based and online channels, per the draft Presidential Decree published last September. Retail operations will incur a monthly charge of R$20,000, which will be to R$30,000 for online. However, those active in both two channels receive a R$5,000 discount, and will pay R$45,000 monthly.

It appears that an element referred to in documents as a quarantine clause, however, to the industry as a bad clause, will be removed. This would have blocked any operator that has already active in the Brazilian betting market from raking part in the regulated market.

Operators will also be required to sign a declaration that states they haven’t been involved in any illegal sports betting activity or lottery verticals in the whole country.

It appears that the bond operators are required to provide to secure that their licence could be increased to BRL18m. It was originally set at BRL6m, in order to ensure that licensees have the necessary funds to pay winnings to players.

Operators will be required to employ an accredited company to certify that their platforms, equipment, and payment processing methods are all compliant with the country’s law.

The legal source also suggested that the Presidential Decree is now to be released in January of 2020, most likely in the second half of the month. It will come ultimately into force 6 months after being published in the country’s Official Gazette.

Ronaldo jumped up to 2m56 when he headed a score

Cristiano Ronaldo leaps half a body above the Sampdoria defender, to score the winner for Juventus in Seria A on December 18.

45 minutes, Alex Sandro cross from the left wing towards the far post of Sampdoria. The ball went so high that the home defender decided not to bounce. But Cristiano Ronaldo still rushed into the 5m50 area, jumped so high that his knee was almost equal to the opponent’s, then definitely increased the score to 2-1.

“The Portuguese superstar showed off his super sports ability. He jumped as high as 2m56, stopped in the air for 1.5 seconds, before scoring the winning match,” Sports Mail (UK) described.

Ronaldo jumped up to 2m56 high when he headed home to score

After the match, coach Maurizio Sarri constantly praised Ronaldo: “I have nothing to say about that goal of Ronaldo. I can not believe it is so beautiful. I had to swear off the border.”

Meanwhile, coach Sampdoria, Claudio Ranieri also expressed admiration: “Ronaldo did what we often see in the American Professional Basketball (NBA). He seemed to stop in the air for an hour and a half. Admiring that goal, you can say nothing but congratulating Ronaldo”.

After the match, Ronaldo posted a shot high on the head of defender Sampdoria on his personal Twitter page, with the caption: “CR7 Air Jordan”. This is an expression used by fans to talk about basketball legend Michael Jordan before he scored every time.

In the second half, Ronaldo was also denied a goal against Sampdoria for offside. Even so, his head-on masterpiece still helped “Old Lady” to the top of the table, with three points more than Inter and played more than one match.

Yesterday was also a special day for goalkeeper Gianluigi Buffon. He equaled Paolo Maldini’s record 647 matches in Serie A, and surpassed Alessando Del Piero in the number of games played in Serie A for Juventus (479 matches).

Complete guide and tips about basketball betting (Part 2)

Each basketball match will be divided into 2 rounds of 4 rounds. The result for the first half will be the sum of the results for the first and second quarters.

Overtime or extra time are calculated separately and do not count towards the results of the 4th inning.

If live basketball betting is selected, the results will be displayed until the end of the match only. But if the handicap is selected then the result will always be displayed from the beginning until the end of the match

If you choose to bet on the team that scores first and you win then you will be paid by the dealer and sent to your account. If, for any reason, the first match is suspended or abandoned but the first team has scored, then bets are still valid and the player is still counted as the winning amount.

If the last team to score is selected then the result will be settled for the last team to score the match. If a match is abandoned mid-game then the results of the match will be void and the stakes returned to the player’s account.

In case the player chooses special bets such as the score, number of times the ball has turned on the table, the number of assists, the number of free throws, the number of free throws 3 points then it will be valid if both teams If a player does not participate at the same time, the result will be void and the stake will be refunded.

The result of both special betting session will include overtime and extra time and the result will be recorded until the end of the match. Any statistics changed after the organizer announced the result will be invalid

The stadium of the home team and the away team is played by the house for reference only for players to make a better decision.

If the winning session is selected more than once then it will be settled on the best bet. If the result is a tie, the player loses 50% of the bet. Overtime will not count for this bet. If a match is suspended or abandoned then all bets on that player will be void and refunded.

The special night races around the world

Running in the winter night on the pole, or watching the glowing Golden Gate Bridge are the special experiences that many runners dream of trying once.

ING Night Maruxon Luxembourg

This is one of the popular night jogging that many people love. ING Night Marathon Luxembourg starts at sunset and only ends when the last runner reaches the finish line. The run took place in one of the most beautiful city centers in Europe.

During the tournament, the old and small towns will close the traffic to ensure the safety of the runner. Flooding the downtown area and in the alleys are marathon runners crossing narrow and narrow paved roads.

Next year, the tournament will take place on 23/5/2020 with 3 stages of 42k, 21km and 5km.

Nights Sweats Fall

Starting at the foot of the Golden Gate Bridge, athletes will see the beautiful skyline of San Francisco as well as the colorful beauty of San francisco at night.

The track runs across many famous beaches like Muir and Rodeo, the sound of waves will motivate athletes to complete the night run and enjoy the beauty of the Pacific coast.

The race only consists of two routes: 42km and 15km.

Bilbao Night Marathon

This is one of the most famous night run tournaments in Europe. The run takes place in the city of Bilbao, Spain and is recognized as one of the country’s major sporting events. Participants must be over 18 years old.

For those who are starting to run at night or even for those who are new to jogging, the fun, friendliness and close atmosphere of Bilbao will easily arouse love for this sport.

Running at night is an interesting experience that many runner want to try.

Polar Night Halfmarathon

The race takes place in the town of Tromso, Norway, which is located right on the pole and is one of the famous aurora viewing spots. During the winter months in Norway, the sun only lights for a few hours. So for the indigenous people, a night run is a normal activity.

But for athletes from all over the world, running the night at Tromso will be an experience unlike anywhere else. When the race took place, the whole town glowed in the light, guiding the runner from the beginning to the end of the journey.

In order to participate, the athletes must be prepared for many months to be able to run in cold weather and slippery roads. The three-stage tournament is 5km, 10km and 21km.

New Hampshire approved sports betting for next year

Last week, the New Hampshire Lottery Commission approved a contract on sports-betting with DraftKings allowing the state to become the second in New England to allow betting on games.

The advisory body to Republican Gov. Chris Sununu, Executive Council, voted to approve the 6-year contract to operate sportsbooks in the state with the possibility of 2-year extensions. DraftKings will pay the lottery 51 percent of gross gaming revenue for mobile and 50 percent of gross gaming revenue from retail locations.

The New Hampshire Lottery Commission expects that sports wagering on DraftKings mobile app to be able to start in January. Physical locations for sports wagering are expected to be running by late winter or early spring.

Sununu tweeted that they moved fast to get this done, and the deal was a win for NH. They are partnering with a world-class company in order to provide a first-rate customer service experience. Everyone will now be able to bet on the @Patriots and TomBrady in time for this year’s Super Bowl.

The move comes a few weeks after residents in Berlin, Laconia, Claremont, Somersworth, and Manchester voted to permit the operation of sportsbook retail locations in their communities.

The law of the state allows anyone more than 18 to take part in online sports betting. It also allows the state to launch up a “sports book” retail location in order to facilitate sports betting. That will be allowed via as many as five online sportsbooks and as many as 10 physical sportsbook locations.

Currently, Rhode Island is the only New England state which has launched sports betting. Revenue has well fallen short of projections in most states with legalized sports wagering.

]ƠBesides its mobile app, DraftKings will also oversee physical sportsbook operations in New Hampshire. The council amended the contract for another company, Intralot, providing the technology for the lottery. It will pay the lottery 19.25% of gross gaming revenue and provide some sports wagers on machines already selling lottery tickets.

Complete guide and tips about basketball betting (Part 1)

If you’ve ever played soccer betting, it’s easy to learn about basketball betting. However, basketball betting still has differences, you need to pay attention to increase the win rate when playing. In order for players to understand more about this subject, we will introduce some information such as betting rules at the bookmakers, how to bet basketball and quick betting tips for winning as follows.

Introducing basketball betting

It can be seen that in recent years basketball has grown constantly and always captured a solid position in the hearts of every person. Not only popular in the world, but in Vietnam, this game is loved by many people. Every year our country often cooperates with Southeast Asian countries to open basketball tournaments. From these tournaments, people can exchange culture and economy with other countries.

Because basketball is interested in serving everyone, the bookmakers offer online basketball betting. Compared to football betting, this game is not as attractive as it is, but if you go into it, you will also have a great passion. You are even more passionate than football betting games.

General rules for basketball betting at bookmakers

Knowing the rules of the game can not only help people win and not break the rules when betting. Sometimes the transgressions make you lose even more. Here are some rules when betting on basketball everyone must remember.

Basketball betting results need to be based on the result of the first match including all minutes played, extra time and extra time. When playing basketball everyone will play until the classification of victory and loss should never have a tie.

If you have made a bet but the basketball match is canceled for any reason then your bets will be void and the bet amount will be promptly sent to the main account by the system.

If a basketball match has already started but due to a problem being suspended or canceled then the result of the match will still be considered valid if the match took place 43 minutes for the NBA tournament and 35 minutes for any basketball game.

For these matches bets are also considered valid if the result is the official organizers of the tournament. Otherwise, bets will be void and the funds will be transferred to the player’s account.

DraftKings To Get A New Hampshire Sports Betting Contract

It looks like DraftKings Sportsbook will be the only mobile sports betting operator in the state of New Hampshire – at least for now.

That’s according to the agenda for the state’s Governor and Executive Council meeting on Monday. The state has the option to award up to five mobile operator licenses.

DraftKings Sportsbook would also get the exclusive right to operate retail sportsbooks in the state. Intralot‘s lottery supply contract will be amended to offer sports betting through the lottery as well.

DraftKings’ contract would run through June 2026 with two optional two-year extensions. Intralot’s lottery contract expires in June 2025.

Is New Hampshire’s launch close?

There are several approvals that will be needed for both contracts before sports betting can be legally offered in New Hampshire. But those approvals could come quickly.

Gov. Chris Sununu told a local radio station last month that he would place a bet on Tom Brady and the New England Patriots in his state before the NFL season ends.

If Sununu meant the regular season, which means sports betting should be live by Dec. 29, at the latest.

DraftKings Sportsbook also mentioned the company looked forward to providing sports fans in the Granite State as soon as possible with their best-in-class mobile and online sportsbook product as the proposal scores were announced.

Estimates provided to the Associated Press indicate mobile betting could launch in January with retail books open in late winter or early spring.

DraftKings scored best

The New Hampshire Lottery made its decisions based on scoring laid out in the request for the proposal launched in August. And DraftKings Sportsbook received the best scores for mobile and retail operations.

But there was still a question over whether other operators would also get a license. The scoring summary included bolded mobile results for Kambi and Roar Digital, the joint venture between MGM Resorts and GVC Holdings. Both were within 45 points of DraftKings’ 810 top score.

DraftKings said it would share 51% of sports betting revenue with the state if given exclusivity. That far outweighed the 20% Roar offered for exclusivity.

Roar also received a bolded score for its retail offer, coming just 35 points shy of DraftKings’ 790 scores. DraftKings will share 50% of sports betting revenue with the state from its retail operations.

Napoli travel to incosistent Torino

Napoli the fourth place travel to a tricky Torino squad, that are looking to rebound from its most recent loss.

Two teams

Napoli did win 2-1 against Brescia Calcio in their last Serie A match but in their UEFA Champions League clash midweek they had a very disappointing 0-0 draw against K.R.C Genk. If Napoli wants to move up the Serie A, Torino will prove a tough task for the Partenopei but in order to keep pace with the likes of Atalanta B.C, Internazionale, and Juventus FC standings they must continue to string together some victories.

Their Sunday opponents, Torino F.C have had have also had some ugly matches despite some very impressive ones thus far in Serie A. Coming off a loss to Parma Calcio 1913 with 3-2, Torino will need a much better effort to defeat against a much stronger SSC Napoli team.

Injury 

Coach Carlo Ancelotti and the Partenopei will be without the injured duo of Lorenzo Tonelliand Nikola Maksimovic. Also, Kalidou Koulibaly their top centre-back will be missing the match due to suspension.

Torino have had no listed injuries, so that except for suspended centre-back Bremer coach Walter Mazzarri should have everyone available.

Most watched players

In the summer Llorente joined Napoli on a free transfer and certainly he has proved that he can still play. Former Tottenham Hotspur FC Tthe 34-year-old player has added already one assist in just four Serie A appearances and scored two goals. Insigne has collecting four assists and three goals in his five Serie A appearances and quietly put together a very good start to the season. Look for Insigne to exploit Torino’s trio of centre-backs by using his pace down the wing.

Midfielder Belotti has collected five goals in that time when he started all six of Torino’s matches. Baselli has contributed two assists as he has also started all six matches. He is there and is not afraid of joining the attack. He moves the ball well when he can for more than just assists though.

Suzuki won the Toto Japan Classic golf tournament

Having reached the final round -17 after the final round of Toto Japan Classic, native Ai Suzuki golfer was satisfied in the journey to find the first trophy at the LPGA Tour.

Suzuki entered the final round at the top of the table with a score of -12, a three-stroke difference from second-ranked opponent Gaby Lopez. The 25-year-old owner of 14 JLPGA cups has maintained this advantage by scoring 67 non-bogey sticks in the last 18 holes.

Through 54 non-bogey pits, Suzuki averaged 241 yards, won the fairway in 10 of the 14 holes, onto the green in 14 of 18 holes and put the ball 27 times. The championship earned Suzuki $ 225,000 and a LPGA Tour membership card.

“I am in a stable state both in form and spirit, hitting hard in the final round. Therefore, I do not have to worry about the other opponents but just focus on the goal of not scoring bogey. thing, I want to record more birdsies in the second half to stay safer. This is my 15th victory but it is special because of the LPGA Tour USA”. Suzuki said after her coronation.

Scoring a score of 67 sticks including a bogey and seven birdies, Kim Hyo Joo finished at -14. This achievement helped her hold the runner-up position, receiving $ 137,000 and was the 12th in the top 10 final in LPGA Tour this year.

Less than three strokes behind runner-up, Lee Minjee held third place at -11, gaining nearly $ 100,000. Last week, the golfer also finished in the top three at the LPGA Tour event held in Taipei.

Jennifer Kupcho and Jin Yan shared the fourth spot with a score of -10, each receiving $ 70,000. The next positions are respectively T6 and T10 with a difference of one stick. The golfer in the T6 group received $ 41,000 while the T10 group received $ 28,000.

After Toto Japan Classic, the top 60 on the Race to the CME Globe chart was closed, with Stacy Lewis being the last to receive the ticket. The 60 golfers will compete for the trophy with the $ 1.5 million championship prize at the closing season of the CME Group Tour Championship starting November 21 at Tiburon Stadium in Florida.

Colorado & Kentucky On Their Way To Legalized Sports Betting

It goes without saying that 2020 is going to be a big year in politics. The Presidential race is going to dominate the headlines, but there will be a lot of gubernatorial elections, to go along with the usual turnover with senators and representatives. 2020 also profiles to be a huge year when it comes to legalized sports betting.

As we close the book on 2019 in the near future, there are 15 states that offer sports betting – Nevada, Delaware, New Jersey, Mississippi, West Virginia, Pennsylvania, Rhode Island, Arkansas, New York, Iowa, Indiana, Oregon, and New Mexico. Six additional states have passed legislation, but are not live just yet.

Not all of those states have mobile or online betting capabilities, but they all accept sports wagers in some capacity. Some states have multiple operators. Some states run through the lottery. New Mexico has exemptions for some of the tribes that own casinos within the state borders.

With the tremendous revenue stream that sports betting has been in just about all of these locales, bordering states or state that are looking for new ways to make money are going to have to get down to brass tacks and hammer out some legislation.

The 2019 election results were positive for a couple of states in particular. The state of Colorado had sports betting on the ballot and Prop DD won by a very narrow margin. Legalizing things is just kind of Colorado’s motif at this point in time, but it was quite a fight to get sports betting pushed through. Colorado has 33 casinos and they will be able to start offering sports betting in May 2020.

Colorado became the sixth state in 2019 to adopt legislation for legal wagering. The others are Montana, Illinois, New Hampshire, North Carolina, and Tennessee. Along with those six states, Maine will go live with sports betting next year and so will the District of Columbia and Puerto Rico.

The language in Prop DD had several important provisions. For starters, mobile betting is allowed under the proposal. Mobile apps are going to make it remarkably easy to make bets. Colorado is a large territory and most of the casinos are centralized in the Black Hawk area of the state, about an hour from Denver and two hours from Colorado Springs. Wildwood Casino is the closest to Colorado Springs.

Colorado restricts prop wagering on college sports, but you will be able to bet the generic sides, totals, and money lines. Everything else, with the exception of high school and esports, will be offered.

Prop DD outlined a 10% flat tax rate for the state on the revenue generated by the operators.

Colorado wasn’t the only winner on Election Night. In a roundabout way, Kentucky scored a big win in the fight for legalized sports betting. Despite its ultra-rich betting traditions at the horse track, Kentucky was moving slowly on sports wagering. Governor Matt Bevin’s loss to Democratic challenger Andy Beshear was a big win for the proponents of legalized sports betting in the Bluegrass State. Beshear spoke many times on the campaign trail about an expansion of gambling in the state that included sports betting.