Industry
January 5, 2026
Brazil’s President Approves Law to Increase Taxes on Gambling Operators
Brazil’s president, Luiz Inácio Lula da Silva, has enacted a law raising taxes on betting companies operating in the South American country, increasing the rate from 12% to 15% by 2028. President Lula Approves New Tax Law Lula granted final approval to Complementary Law No. 224 last week, following mid-December approval of the original bill, […]
Industry
December 17, 2025
IRS Confirms Changes to Gaming Winnings Tax
The US Internal Revenue Service has published an update detailing changes to the federal reporting threshold for casino winnings. This marks the first change to this threshold in over half a century. Casinos to File a Form for Winnings of $2K or More The current framework was last changed in 1977, requiring casinos to submit […]
Industry
December 16, 2025
Swedish Gambling Operators Unite Against Proposed Tax Reforms
Sweden’s gambling sector has united in opposition to a proposal that could redraw the country’s tax landscape. A new initiative is pushing for an updated tax framework similar to the recent UK reforms that introduced differentiated gambling tax rates. Swedish industry representatives argue that even if well-intentioned, the change risks undermining consumer protection and accelerating […]
Industry
December 12, 2025
Las Vegas Casinos Push for Urgent Gambling Tax Fix
Casino operators in Las Vegas have voiced their concerns over a looming change in federal tax law that they say will hit gamblers’ wallets, suppress high-end play, and harm Nevada’s whole tourism-based economy. With January 1, 2026, fast approaching, casino leaders, professional gamblers, and state lawmakers are asking Congress to reinstate a long-standing deduction that […]
Industry
December 10, 2025
Sweden’s BOS Criticizes ATG’s Call to Hike Gambling Taxes
Gustaf Hoffstedt, secretary general of Sweden’s Online Gambling Trade Association (BOS), has strongly criticized ATG CEO Hasse Lord Skarplöth for urging the government to increase taxes on online gambling operators. BOS Criticizes ATG Recently, Skarplöth proposed that Sweden follow the UK’s lead by raising taxes on licensed online gambling operators, while exempting the horse racing […]
Industry
December 5, 2025
Estonia Moves Forward with Plans for iGaming Tax Cuts
Estonia’s parliament, the Riigikogu, voted 51-31 to approve a previously announced cut to the country’s gambling tax, reducing it from 6% to 4% – a step toward Estonia’s goal of becoming one of Europe’s next major gambling hubs. Estonia’s Goal to Become iGaming Hub Draws Near Despite Opposition The initiative is being led by MP […]
Business
December 4, 2025
UK MP Warns That Tax Hike Could Put bet365 at Risk
A senior Conservative MP in the UK Parliament has sounded an alarm, arguing that the government’s sharp increase in gambling taxes could endanger the future of bet365, one of Britain’s leading gambling firms and a cornerstone employer in the county of Staffordshire. The tax hike will likely force operators to cut costs, leading to a […]
Industry
December 4, 2025
Brazil’s CAE Greenlights Gradual Tax Increase for Gambling Operators
On December 2, Brazil’s Senate Economic Affairs Committee (CAE) approved an advanced bill, PL 5,473/2025, to gradually raise taxes on the gambling industry, with the highest rate set at 18% of Gross Gaming Revenue (GGR). Brazil’s CAE Moves Forward with New Gambling Tax Legislation Lawmakers approved the measure with a 23–1 vote, agreeing on a […]
Industry
November 28, 2025
UK Gambling Operators Scramble to Respond to Sudden Tax Shock
UK gambling companies are rushing to re-examine their UK business strategies after Chancellor Rachel Reeves revealed a steep increase in betting taxes. This move blindsided most operators who expected a much milder approach in the Autumn Budget. The increase of the online casino tax rate from 21% to 40% beginning next April shocked the industry. […]
Industry
November 26, 2025
Leaked 40% Gambling Levy Sends Shockwaves Through the Industry
A premature release from the UK’s Office for Budget Responsibility sent shockwaves through the UK gambling markets when documents showed that the government is preparing to impose a far harsher tax regime than anticipated. The leak revealed a remote gaming duty increase to 40%, higher than the 30–35% that most operators expected. Operator Share Prices […]
