A poker tournament is a competition in which the winners are designated playing poker, according to one of the poker variants. Unlike cash games where there are no formal rules, no time limit to decide a winner. Buy in and … Read More
Taxes The national lottery is exempted of operational taxes, so is the National Blinds Organization 912. For other gaming, Spanish law imposes a tax on gaming (tasa fiscal sobre el juego). Although this is a central State’s tax, the cession … Read More
(Tony G in World Poker Tour 2004 Five Diamond at the Bellagio, https://en.wikipedia.org/wiki/File:Tony_G_the_Poker_Player.jpg) Texas hold ’em, commonly hold’em (HE) is a variant of poker. It is the most played variant, particularly in its no-limit (NL) form, that is to say … Read More
LEGISLATION ENACTED Gaming Act – Zakon o igrah na srečo (Uradni list RS, No. 134/03); – Regulation on detailed conditions the organizer has to meet for permanently organizing the classical games of chance – Uredba o podrobnejših pogojih, ki jih … Read More
Caribbean Poker, or Caribbean Stud Poker, also called Tropical Stud Poker, is a version of five card stud, played mainly in casinos. Like the blackjack player faces the dealer rather than other players. Rule of the game The game is … Read More
Taxes Operator of a gambling game must pay beneficial tax, which amount is as follows: – for ticket lotteries 15 % of the financial guarantee to the state budget. Financial guarantee must be kept by the operator of a gambling … Read More
A hand in poker is a combination of cards that is defined by the rules of the game of poker. In the classic poker without wild cards or add-on cards, a hand is a combination of five cards that a … Read More
Lotteries There are six organisations that are licensed to offer lottery games. The Stichting Exploitatie Nederlandse Staatsloterij, founded in 1726, is the oldest continuous lottery in the world, though it is now operated under new legislation passed in 1992. This … Read More
Portugal created a system of «gaming zones», in the framework of which gaming can be operated after obtaining a concession from the authorities. This does not apply to lotteries and similar activities, because Portugal accorded a national monopoly on lottery … Read More
Deuce to Seven or Deuce to Seven Triple Draw is a draw poker with 5 cards played low, that is to say, the goal is to achieve the lowest possible combination. There are two betting rounds and a draw (Deuce … Read More
Lotteries According to Lithuanian legal acts, lottery is not gaming and it is organized and regulated following the Law on Lotteries of the Republic of Lithuania. Three operators offer major national lotteries in Lithuania and are organised by the Joint … Read More
LEGISLATION ENACTED Act of 29 July 1992 on games and mutual wagering – Regulation of 3 June 2003 on the conditions concerning the organisation of games of chance and mutual wagering – Regulation of 3 June 2003 on the execution … Read More
