Poker Fees Paid Up Front in 2006

For businesses hoping to put off paying their poker licensing fees in the Pacific Islands a recent change in the law came as bad news. Starting this year owners of poker establishments have to pay their annual license fees up front what the government hopes will be a stop gap measure, preventing a loss of millions of dollars in poker revenues each year.The Poker Machine License Fees Act of 2006 is the new law of the day, changing the old rules that allowed poker license fees to be collected quarterly. The Legislature said that the quarter payment system encourages bad practice, such as false reporting and non payment of fees. The difficulty in collecting fees has interfered with other governmental programs, such as scholarships.

More Video News

Latest Videos News
AdvertiseRSSContact usEditorial StaffTerms and Conditions

Copyright © 2004-2012 LaunchPoker. All rights reserved