- Casino
- By State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Georgia
- Florida
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Massachusetts
- Maryland
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
- By State
- Slots
- Poker
- Sports
- Esports
Fact-checked by Angel Hristov
France’s Gambling Tax Remains Unchanged for Now
While this might be a relief for operators, they should not rule out the possibility of a tax increase down the line
France was reportedly mulling over following in the footsteps of other markets and increasing its gambling tax further. While this didn’t happen, the industry is not completely out of danger yet.
The Latest Bill Did Not Include a Tax Hike Proposal
Financial expert Les Echos had suggested that the 2025 Social Security Financing Bill would include gambling tax changes. The publication suggested that the government plans to use the extra proceeds to boost social security in the country.
The bill, however, was tabled yesterday and included no such measure. While this might be a relief for operators, they should not rule out the possibility of a tax increase down the line.
France, for context, already has the highest GGR tax in Europe and is taking a huge cut of operators’ revenue. Increasing the tax would have an additional strain on multiple sectors, especially horse racing and sports betting which already pay huge taxes.
As a result of the reported tax hike, FDJ, France’s national lottery operator, saw its stock experience a temporary decline.
While operators seem to have avoided a tax hike for now, L’Autorite Nationale des Jeux had recently suggested that higher taxes would not be wrong since gambling is not an “ordinary service” and is therefore legal only by exception.
Speaking to Les Echos, Isabelle Falque-Pierrotin, chair of the ANJ, suggested that increasing the tax should be okay as long as it benefits public health.
UK Also Rumored to Be Mulling over Increased Taxes
In the meantime, a new report suggested that the UK is also considering a gambling tax hike. The report was met with mixed reactions, although it firmly dismayed the Betting and Gaming Council.
Grainne Hurst, CEO of the BGC, just commented on the matter, saying that the industry is already pressured as things stand now. She suggested that applying further financial pressure would hurt its ability to compete with the black market and would channel players toward riskier illegal companies.
Hurst pointed out that UK operators are already facing challenges from the regulatory shifts following the publication of the white paper and advised the government to exert moderation when it comes to regulation and taxes.
Other markets, meanwhile, have been increasing their gambling taxes despite the industry’s concerns.
Related Topics:
Although Fiona doesn't have a long-spanning background within the gambling industry, she is an incredibly skilled journalist who has built a strong interest in the constantly growing iGaming network. The team at GamblingNews.com is glad to have her on our roster to help deliver the best stories as soon as they hit. Aside from writing, she loves to dabble in online casino games such as slots and roulette, both for her own enjoyment and also as research to better improve her understanding of the industry.
Must Read
Industry
November 5, 2024
$3.1M Tax Refund in Nevada Reveals Regulatory Loophole
Industry
November 5, 2024
Residents in Three US States Vote on Critical Gambling Measures
Industry
November 8, 2024
Kamala Harris Presidential Bid Costs $1.37B on Ads Alone
More Articles
Industry
November 11, 2024
Curacao Pressured by Dutch MPs to Reform Gambling Regulations
Industry
November 11, 2024
GambleAware Proposes Gambling Marketing Policy Changes
Industry
November 11, 2024
NH Attorney General Denies Charitable Gaming at Concord Casino
Industry
November 8, 2024
Philippine President Bans POGOs and IGLs Amid Public Concern
Industry
November 7, 2024
MGA Hands First-Ever ESG Seals to 14 Operators
Industry
November 7, 2024
GamCare Shifts Its Focus to the Banking Sector
Industry
November 7, 2024
UKGC Exec Highlights the Launch of Gambling Harms Action Lab
Industry
November 7, 2024
ANJ Could Hit Polymarket with Ban Over Gambling Concerns
Sports
November 7, 2024
Gambling Tax Plans Lead to Cancellations of Horse Races in France
Industry
November 7, 2024
Nevada: Casino Patrons Claims over $900K Winnings Denied
Industry
November 6, 2024
Brazilian Senate Remains Divided on Gambling Legalization