By Stoyan Todorov

Legal

Kenyan Soccer Clubs Urge Government to Avoid 20% Excise Tax

June 14, 2021

Soccer in Kenya is facing new troubles as the government is preparing to reintroduce a once repealed 20% excise tax on sports gambling. Excise Tax on Gambling to Be Reintroduced in Kenya  Kenyan soccer clubs are once again in a pickle after the National Treasury and Planning Cabinet Secretary Ukur Yatani said that a previously repealed 20% […]

By Julie Moraine

Legal

Gambling Tax Proposal May Impact Ukraine State and Local Budgets

May 21, 2021

State and local budgets in Ukraine may be adversely affected by the proposed flat tax rate on gambling revenue in the country, a parliamentary committee warned, asking the government to consider subsidies to address the deficit. High Taxes will Minimize Consumption The Scientific and Expert Management Committee of the Ukraine Parliament argued that there is […]

By Eva Ivanova

Casino

Atlantic City Assemblyman Wants to Change PILOT Bill

May 18, 2021

An assemblyman from Atlantic county proposed an amendment to the second measure, known as the PILOT bill, and then retrieved it, stating it needs more refinement. Atlantic City Casinos Could See a Change in PILOT Bill On May 5, assemblyman John Armato from Atlantic County introduced changes to the casino payment-in-lieu-of-taxes bill (PILOT), aiming to […]

By Julie Moraine

Legal

US: New Bill Proposes the Removal of Federal Excise Tax

July 25, 2020

A bipartisan bill aiming at repeal of federal excise tax on legal sports betting was introduced yesterday. Bill co-founders are Rep. Dina Titus (Nevada) and Rep. Guy Reschenthaler (Pennsylvania). The Repeal of Federal Excise Task Was Proposed Yesterday Yesterday, Friday 24, a repeal of the federal excise tax was proposed by a bipartisan legislation. The […]