Toronto Region Casino Opportunities Dwindling As More Doors Slam Shut
Apparently, Toronto and environs are not as much as worked up about getting a swank casino resort like this Oxford rendering depicts.
O Toronto, Canada! You do not seem to cotton way too much to the idea of a casino, can you?
Toronto and areas that are outlying been earmarked and several developers have actually expressed fascination with the area for creating a resort casino, but it seems that planners are running out of places that may be prepared to accept a casino in their neighborhood. The area that is latest to block a casino is Vaughan, which has voted against the notion of creating a casino there.
Vaughan Just Says No, Narrowly
The city of Vaughan rejected the casino plan in a vote that is 5-4. Although the vote had been very close, it echoed the results in other towns and cities in the Greater Toronto Area (GTA), as two others have already rejected this kind of idea and the two remaining locations look not likely or at the least uncertain allowing a casino within their city limits.
Vaughan joins Toronto and Markham City as having formally rejected casino discounts. Toronto’s vote was the absolute most infamous of all, as despite the support of Mayor Rob Ford, the town council rejected a downtown casino by a 40-4 vote. That ensured that the issue would not be coming up again within the future that is near. Markham’s vote was also one-sided, though by the less margin that is dramatic of.
Ontario Lottery Corp. Getting Less Than Warm Reception
Many of these votes are linked to a proposition from the Ontario Lottery and Gaming Corp., which is looking to grow its reach in to the western GTA area. However, OLG is limited on where they can place such a location, and lots of the proposed locations have previously rejected such proposals into the past, or are anticipated to show small fascination with this round of casino expansion.
Associated with two locations that are remaining have yet to vote this time around around, Richmond Hill is the more adamantly opposed of the two.
‘no interest is had by us in hosting a casino,’ said Mayor Dave Barrow. ‘We’ve never ever taken a vote to no say yes or, but when information came forward…we simply received it and took no action.’
Barrow pointed out that in addition to there being little neighborhood interest in having a casino built there, there is also very little land that could even be properly used for this type of facility that is large.
‘If we were to place it where most municipalities appear to be placing it, as far away from domestic properties as we’re able to, we would literally have to put it on Highway 7,’ he noted.
The final city that’s on the list of proposed casino locations has yet to make such a strong statement against having a casino in their borders on the other hand, Mississauga. But that may be because the populous city of Mississauga has yet to be approached by the OLG or any developers this time around rather than because there is growing support for a Las Vegas-style casino there. Within the 1990s, Mississauga rejected a proposal that is similar.
‘It sort of floats right back up,’ said long-time Mississauga Councilor Pat Saito. ‘Somebody comes forward and thinks it could be a idea that is great. The GTA is definitely a market that is attractive anyone to come in and develop a casino.’
And it’s really likely that it will up float back once again in the future. Whilst the various rejections may make it unlikely for a casino to be built in the western GTA into the not too distant future, that doesn’t mean that the idea will vanish forever.
‘If we say no, formally, and Richmond Hill says no formally, it is not likely to be the end of it,’ Saito stated. ‘ Somebody will come back and want to do it another right time, maybe hoping that if there’s a change on council here’ll be a change in attitude.’
British National Lottery Provider Camelot Loophole that is using to Less Fees
UK National Lottery providers Camelot are accused of utilizing a tax loophole to cover less. Isn’t that why loopholes exist though?
Since the National Lottery providers for Great Britain, Camelot earned enough from the British public to pay an astonishing load of taxes back in the country. But British magazine The Daily Mail has revealed that Camelot has a view that is different the matter.
The Canadian-owned company has been accused of exploiting a tax loophole, which the taxman is conscious of but has never ever slotsforfun-ca.com turn off (most likely since the taxman created it to start with), in purchase to avoid paying at least £10 million ($16,130,000) in business taxes in simply a matter of weeks because the price of a solution for the national draw doubled.
Corporate Tax Loophole
Camelot is reported to have taken out high-interest loans from the parent company, utilising the Channel Islands Stock market, and utilized the interest that is enormous to really reduce their particular profits, meaning they paid less tax whilst the company as an entire still pocketed the profit an income tax haven.
The loans are stated to have amounted to £172.6 million ($278,405,000), which then accrued £38.7 million ($62,423,000) in interest.
This tactic that is legal reported to own saved the company at the least £10 million in taxes since just April 2010.
Each year in fact, according to Corporate Watch and The Independent, at least 30 other organizations are said to be using such a method to reduce and avoid tax payments in the UK, which could amount all the way up to £500 ($806.5) million in lost taxes.
These figures conflict quite significantly with the us government’s estimations of £200 ($322.6) million annually, when they unveiled their awareness of the loophole a year ago. Apparently the powers-that-be are not quite as miffed they should be, however about it all as some people think.
Who’s Being Naive, Exactly?
‘I think it is extraordinary that [Her Majesty’s Revenue and Customs] HMRC could be so naïve as to send a consultation document out on closing a tax loophole to a band of vested interests, including a number of the extremely people who benefit, or whoever clients benefit, from it,’ explained Chair of the Commons Public Accounts Committee Margaret Hodge to The Independent newspaper, additionally stating that she will ensure that the HMRC is provided a tough ride on the issue.
We’re uncertain why a public figure believes tax loopholes are manufactured to begin with, but let’s just say every person is fully aware of their purpose, except, evidently, puffy politicians trying to act amazed about them for their constituents.
And even though Camelot has stated that ‘their analysis of our numbers is inaccurate,’ no effort has been made by them to deny utilizing the loophole to decrease their tax bills.
‘Camelot complies fully with all UK regulatory, tax and legal requirements and it is a very significant UK taxpayer,’ stated a Camelot spokesman, basically highlighting the actual fact that the law is enabling them to dodge some of the tax obligations.
‘In fact, in the period reported by The Independent, Camelot paid UK taxes well in excess of £1.5 billion,’ the spokesman included. Sounds like government lottery winnings to us.
Prohibited Vietnamese Gambling Den Leads to Hidden Man’s Death
Police count cash from a gambling that is illegal in Vietnam where one underground gambler suffocated. (Image source: TuoitreNews)
There are plenty of bizarre stories associated to individuals trying to cheat casinos along with other gambling venues, and also quite a few which have tragic endings. But few can rival the story of a new guy from Vietnam who died recently while wanting to assist gamblers cheat at a unlawful gambling den.
The story began with Nguyen Ngoc Thanh, a 28-year-old who invited about 20 people to come gamble in a location that is secret the Nghia Thang Commune. Nonetheless, Thanh already had other plans, as he and another guy had already come up with a cheating scheme that could gain a few of the members associated with the gambling den.
That’s when they brought in 24-year-old Bi Van Trung to help them carry their plan out. While the details for the plot are still under investigation, it required the conspirators to dig a hole about one meter (3.28 feet) deeply under the ground of this gambling den. Trung would stay static in that opening, making use of electronic products to help a few of the gamblers cheat (exactly how that would work, we cannot let you know).
The gap had been covered by four wooden boards, making it hard to detect that it also existed. A couple of holes were then punctured into the wood, permitting air to enter the space and allow Trung to breathe while he was carrying out the plan. That ended up being the theory, anyway.
Regarding the day of the planned scheme, Trung worked his way into the hole at noon (with just three feet to operate with, we’re not sure how he did any such thing, let alone breathe). The plan was to keep Trung in the hole before the gamblers left, at which point one other users of the scheme would take away the panels and get him out from the hole.
Plan Gone Awry
But somewhere over the line, the program went horribly wrong. The same day, Ngo Vu Truong Hai another of the members involved in the scam heard a mobile phone ringing from the hole, and decided to take a look inside at about 6 pm. He removed the boards that are wooden found that Trung was still inside, unconscious.
At the right time, Trung ended up being still alive. However, he had been never ever revived and died on the method to a medical center. According to detectives, it appeared as though Trung had suffocated to death.
Along with the death, local police also investigated the operations associated with gambling den, shutting it straight down. When raiding the den, they certainly were able to have a number of electronic products including gambling control units and cellphones, too as 10 million in Vietnamese Dong ($470) in cash.
According to reports, the gambling den had hosted about 30-40 players each day, with an entry charge of VND 100,000 ($4.70) or maybe more per player.
While Vietnam has legalized gambling at casinos in the united kingdom, just foreigners are allowed to play at such venues, with casino operators facing heavy fines if Vietnamese citizens are found on the casino floor. That means that many Vietnamese residents either travel to foreign countries to gamble at casinos, or participate in illegal games inside the nation. As the government of Vietnam has been hesitant allowing gambling for the citizens, citing issues concerning the social impact of gambling, they have softened their stance somewhat in present years: in 2012, the united states allowed gambling on sporting events in an attempt to bring such gambling into a market that is regulated away from underground gambling syndicates. And simply this August that is past met once more to talk about the chance of opening up area casino gambling to citizens who meet certain earnings requirements.