Toronto Area Casino Opportunities Dwindling As More Doors Slam Shut

Toronto Area Casino Opportunities Dwindling As More Doors Slam Shut

Apparently, Toronto and environs are not as much as excited about getting a swank casino resort like this Oxford rendering depicts.

O Toronto, Canada! You do not appear to cotton an excessive amount of to the concept of a casino, can you?

Toronto and outlying areas have been earmarked and several designers have actually expressed fascination with the area for creating a resort casino, but it would appear that planners are running out of areas which may be willing to accept a casino inside their neighborhood. The latest area to block a casino is Vaughan, which has voted against the notion of developing a casino there.

Vaughan Just Says No, Narrowly

The town of Vaughan rejected the casino plan in a 5-4 vote. Even though the vote had been very close, it echoed the outcome in other towns and cities in the Greater Toronto Area (GTA), as two others have actually already rejected such an idea as well as the two remaining locations appear unlikely or at the least uncertain to allow a casino within their city limits.

Vaughan joins Toronto and Markham City as having formally refused casino discounts. Toronto’s vote was the absolute most infamous of all, as despite the help of Mayor Rob Ford, the town council rejected a downtown casino by a 40-4 vote. That ensured that the issue wouldn’t be coming up again in the not too distant future. Markham’s vote was also one-sided, though by the less margin that is dramatic of.

Ontario Lottery Corp. Getting Less Than Warm Reception

All of these votes are regarding a proposition through the Ontario Lottery and Gaming Corp., that is looking to grow its reach into the western GTA area. However, OLG is limited on where they can place such a location, and most proposed locations have refused such proposals in the past, or are anticipated to show interest that is little this round of casino expansion.

Associated with two remaining locations that have actually yet to vote this time around around, Richmond Hill may be the more adamantly opposed of the two.

‘no interest is had by us in hosting a casino,’ stated Mayor Dave Barrow. ‘we have never taken a vote to say yes or no, but when information came forward…we simply received it and took no action.’

Barrow pointed away that in addition to there being little regional interest in having a casino built there, there ‘s also very little land that could even be properly used for this kind of big facility.

‘If we were to put it where most municipalities be seemingly placing it, as far away from domestic properties as we could, we would literally have to stick 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 which may be because the city of Mississauga has yet to be approached by the OLG or any developers this time around rather than because there is growing help for the 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 a very market that is attractive you to definitely come in and build a casino.’

And it’s really likely that it’s going to up float back again into the future. Although the various rejections may make it unlikely for a casino to be built in the western GTA into the near future, that doesn’t signify the idea will disappear completely forever.

‘If we say no, formally, and Richmond Hill says no formally, it isn’t going to be the finish of it,’ Saito stated. ‘ Somebody can come back and want to do it another time, possibly hoping that if there’s a change on council here’ll be a modification in attitude.’

UK National Lottery Provider Camelot Using Loophole to Spend Less Taxes


UK National Lottery providers Camelot are accused of using a tax loophole to pay for less. Isn’t that why loopholes occur though?

Because the National Lottery providers for the uk, Camelot earned enough from the British public to pay an impressive load of taxes back to the country. But British newsprint The frequent Mail has revealed that Camelot has a different take on the problem.

The firm that is canadian-owned been accused of exploiting a tax loophole, that the taxman is alert to but has never ever turn off (most likely as the taxman created it to start with), in purchase to avoid having to pay at the least £10 million ($16,130,000) in corporate taxes in just a matter of weeks considering that the price of a ticket for the national draw doubled.

Business Tax Loophole

Camelot is reported to have applied for high-interest loans from the parent company, utilising the Channel Islands Stock market, and used the interest that is enormous to really reduce their own profits, meaning they paid less income tax while the company as an entire still pocketed the profit a taxation haven.

The loans are said to have amounted to £172.6 million ($278,405,000), which in turn accrued £38.7 million ($62,423,000) in interest.

This tactic that is legal reported to have saved the company at 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 federal government’s estimations of £200 ($322.6) million yearly, whenever they unveiled their knowing of the loophole year that is last. Apparently the powers-that-be aren’t quite as miffed they should be, however about it all as some people think.

Whom’s Being Naive, Exactly?

‘I believe it is extraordinary that [Her Majesty’s Revenue and Customs] HMRC could be so naïve as to deliver out a consultation document on closing a tax loophole to a band of vested interests, including some of the extremely individuals who benefit, or whose clients benefit, from it,’ explained seat of the Commons Public Accounts Committee Margaret Hodge to The Independent newspaper, also stating that she’s going to ensure that the HMRC is provided a tough ride within the issue.

We’re not sure why a figure that is public tax loopholes are created in the first place, but let’s simply say everybody is fully alert to their purpose, except, apparently, puffy politicians trying to act amazed about them to 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 utilising 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,’ said a Camelot spokesman, basically showcasing the very fact that the law is permitting them to dodge some of the tax duties.

‘In fact, in the time scale reported by The Independent, Camelot paid UK fees well in excess of £1.5 billion,’ the spokesman added. Sounds like government lottery winnings to us.

Illegal Vietnamese Gambling Den Contributes To Hidden Man’s Death

Police count cash from a illegal gambling den in Vietnam where one underground gambler suffocated. (Image source: TuoitreNews)

There are a good amount of bizarre stories associated to individuals attempting to cheat casinos as well as other gambling venues, and even quite a few that have tragic endings. But few can rival the story of a new guy from Vietnam who passed away recently while attempting to assist gamblers cheat at a illegal gambling den.

The story began with Nguyen Ngoc Thanh, a 28-year-old who invited about 20 people in the future gamble in a location that is secret the Nghia Thang Commune. However, Thanh already had other plans, as he and another guy had already think of a scheme that is cheating could benefit a number of the members associated with gambling den.

Tiny Quarters

That is if they brought in 24-year-old Bi Van Trung to help them carry away their plan. As the details regarding the plot are still under research, the conspirators were required by it to dig an opening about one meter (3.28 feet) deep under the floor associated with the gambling den. Trung would remain in that opening, making use of electronic devices to assist a few of the gamblers cheat (exactly how that works, we cannot inform you).

The hole was covered by four wooden boards, making it tough to detect it also existed. Several holes were then punctured into the lumber, allowing air to enter the area and allow Trung to breathe while he was carrying out the master plan. That was the theory, anyway.

In the day’s the planned scheme, Trung worked his way to the gap at noon (with just three feet working with, we’re not sure exactly how he did any such thing, let alone breathe). The plan was to keep Trung in the hole until the gamblers left, at which point one other people of the scheme would take away the boards and get him out of the hole.

Plan Gone Awry

But someplace along the line, the plan went horribly wrong. At about 6 pm the same time, Ngo Vu Truong Hai another associated with the members involved in the scam heard a mobile phone ringing from the hole, and decided to have a look inside. He removed the wood panels and found that Trung was still inside, unconscious.

At the time, Trung had been still alive. However, he had been never revived and died on the way to a hospital. According to investigators, it appeared as though Trung had suffocated to death.

Along side the death, local police additionally investigated the operations of the gambling den, shutting it down. When raiding the den, they certainly were able to take a number of electronic devices including gambling control units and smartphones, too as 10 million in Vietnamese Dong ($470) in cash.

According to reports, the gambling den had hosted about 30-40 players each with an entry fee of VND 100,000 ($4.70) or more per player day.

While Vietnam has legalized gambling at casinos in the united states, only foreigners are permitted to play at such venues, with casino operators facing fines that are heavy Vietnamese residents are located on the casino floor. That means that many Vietnamese residents either travel to foreign countries to gamble at casinos, or participate in unlawful games inside the nation. Although the government of Vietnam has been hesitant allowing gambling for the citizens, citing concerns in regards to the social impact of gambling, they have actually softened their stance somewhat in present years: in 2012, the united states allowed gambling on displaying activities so as to bring such gambling into a market that is regulated away from underground gambling syndicates. And just this August that is past met once again to talk about the likelihood of checking area casino gambling to citizens who meet certain earnings requirements.