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Legal
October 25, 2023
Proposal in the Netherlands Calls for Increase in Gambling Tax
Taxation of retail and online gambling provides a vital stream of revenue for countries across the globe. Currently, there are strict rules regulating the gambling sector in the Netherlands and licensed operators in the country are subject to a 29.5% gambling tax. Now, a new proposal seeks to change the taxation of gambling for operators […]
Industry
October 24, 2023
Rep. Griffith Once Again Proposes Raising Missouri’s $2 Casino Admission Tax
Missouri seeks to support veterans by raising the state’s casino admission fees. Under a measure proposed by State Representative Dave Griffith, the fee, currently standing at $2, would be raised by a dollar or more. The extra money from the raised taxes will help veterans’ nursing homes that support people who have served their country. […]
Industry
September 21, 2023
Sweden Unveils Plans to Increase Gambling Tax
In 2019, Sweden reregulated its online gambling market, granting licenses to operators and enabling them to offer their services legally to customers in the country. At the time, a tax rate of 18% on gross gaming revenue (GGR) was applied, one that is relatively high when compared to other European countries. Yet, a new proposal […]
Business
September 11, 2023
ATO to Return $53M to Tabcorp Following Tax Dispute Resolution
Earlier today, Tabcorp, Australia’s largest gambling company, announced that it has reached a resolution to a tax dispute with the Australian Taxation Office (ATO). The resolution concerns income tax treatment of payments for various licenses and authorities. Tabcorp has already paid the disputed amount of tax liabilities and interest in full, the company announced. However, […]
Industry
August 30, 2023
New Zealand: National Party Wants to Tax Offshore Online Gambling
Ahead of New Zealand’s general elections, planned for October, intense competition is expected. Amid concerns about increasing inflation, high taxes and high-interest rates, the National Party and Labor Party are expected to clash but who will be the winner remains to be seen. On Wednesday this week, the National Party uncovered details regarding an extensive […]
Legal
August 11, 2023
Ukraine Resumes 18% Turnover Tax on Online Gambling
The collection of taxes on gambling activities helps deliver a valuable stream of revenue for governments across the globe. Such tax revenue can be dedicated toward educational programs or contribute to the treatment, support and research of problem gambling. Besides the land-based gambling sector, amid the popularity of online gambling activities, iGaming operators also contribute […]
Business
August 11, 2023
Star Entertainment Strikes Tax Relief Deal in NSW
Earlier this year, Star Entertainment Group, an Australian casino and hospitality company, had to slash hundreds of jobs and executive bonuses to deal with the underperformance of its properties and the tax hike in New South Wales. However, the company has now managed to reach a concession on casino duty rates with the NSW government […]
Legal
August 4, 2023
ONJN Revokes Betting Frenzy’s License Over Unpaid Taxes
Romania’s National Gaming Office (ONJN) announced that it has revoked the license of the Bucharest-headquartered operator Betting Frenzy. Signed by Mihail-Silviu Pocora, president of the ONJN, the decision will void the company’s license because of tax-related issues. As a result, the company will no longer be able to legally offer slot games in the country. […]
Industry
July 27, 2023
IBJR Speaks Out against Brazil’s New Sports Betting Tax Proposal
Brazil’s provisional measure No-1182 lays the groundwork for a nationally regulated betting market. However, the planned tax increase of 18% for licensed operators caused significant concern. The IBJR argues that such harsh measures would place unsustainable burdens on law-abiding operators, driving consumers to unregulated and dangerous alternatives. Unsustainable Taxes Can Hurt the Regulated Market The […]
Legal
July 25, 2023
Sports Betting Legislation in Brazil Gains Traction
Brazil, a country identified for the high potential of its sports betting market, made a major move toward regulated sports betting after the country’s President, Luiz Inacio Lula da Silva, signed a Provisional Measure (PM) that paves the way for the activity. The announcement comes after significant delays but represents a milestone moment as it […]
