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Malta-based software provider Nolimit City has announced yet another new online slot game. The lawyer purportedly detailed that daily fantasy sports operators could furthermore be hit with late payment penalties for taxes they didn’t previously pay. The new Golden Genie game was launched in early July and includes an Arabian genie theme....

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Take your slot play to the next level in iSoftBet‘s latest title Macau High Roller, where players are transported to the posh VIP lounges of Asia’s foremost gaming destination.Check out both of these titles today as well as additional content created by Nolimit City.Robins reportedly declared…“Our position continues to be, which we believe has been reaffirmed through state legislatures and courts throughout the country, that daily fantasy sports is not wagering....

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This time around, the developer decided to create a classic fruit game but with a unique approach. During the base game, the Macau Money Spin can trigger randomly on any spin and also sees and chips exchanged instantly for cash payouts.Robins reportedly declared…“Our position continues to be, which we believe has been reaffirmed through state legislatures and courts throughout the country, that daily fantasy sports is not wagering....

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This court case purportedly found that such entry fees were outside the definition of a sportsbetting wager although it had focused on season-long fantasy games rather than one-off contests.”Litigious lifeline:However, Bloomberg reported that the IRS’ latest stance on daily fantasy sports is at odds with the 2007 ruling from the United States District Court for the District of New Jersey in the matter of Humphrey v Viacom.Considerable consequences:Kate Lowenhar-Fisher from the Nevada law firm of Dickinson Wright reportedly told Bloomberg that such a state of affairs could be ‘potentially business-destroying’ in some jurisdictions as it would equate to a hefty 20% tax on revenues....
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