Friday, July 2, 2010

Berjaya Sports Toto Berhad : Struck By Pool Betting Duty Hike - 02/07/2010

Pool betting duty revised up by 2%-pt. Berjaya Sports Toto Berhad announced that the Ministry of Finance has, in a letter dated 29 June 2010, informed of a revision of the pool betting duty (PBD) for all NFOs to 8% (from 6%), to be applicable retroactively from 1 June 2010. Recall the PBD is applicable on gross turnover, after deduction of gaming tax of 8%.

Berjaya Sports Toto Berhad : Struck By Pool Betting Duty Hike - 02/07/2010

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