Gambling News - 'Tax'
Legal
January 30, 2026
Colombia’s Top Court Freezes Online Gambling Tax Hike
The Constitutional Court of Colombia has stepped in to block a tax increase on online gambling, delivering a significant blow to President Gustavo Petro’s financial plans. The decision, reached by a 6-2 majority, provisionally suspends Legislative Decree 1390 of 2025, which envisioned a 19% value-added tax on online betting and gambling services. Rising Economic Pressures […]
Industry
January 28, 2026
Entain Withdraws Long-Standing Cheltenham Festival Sponsorships Due to Tax Hurdles
Britain’s recent gaming tax changes continue to rock the gambling sector, forcing companies to adapt in a variety of ways, including dropping some of their partnership agreements. One of the most recent developments saw Entain withdraw its Coral brand’s sponsorship of The Coral Cup, a part of the Cheltenham Festival. The Tax and Statutory Levy […]
Industry
January 26, 2026
Gambling Industry Sponsors Senators to Push a New Taxing Legislation
Reps. Susie Lee (D), Steven Horsford (D), Mark Amodei (R), and Diana Titus (D), all from Nevada, all rely on the gambling industry to fund their campaigns. The four Congress members are pushing for new legislation on taxing gambling losses, which is a policy the industry has talked about for years. Gambling Industry Supports Congress […]
Casino
January 26, 2026
Arkansas Casinos’ Tax Contributions Increased in 2025
2025 seems to have been a period of growth for Arkansas’s casino properties, as all three of them generated higher revenues than they did in the prior year. As a result, the state taxes generated by the casinos also increased. A Strong Year for Arkansas’ Casinos According to official data from the Arkansas Department of […]
Industry
January 22, 2026
Illinois’ New Betting Tax Leads to a Decrease in Bets
Illinois’ new tax regime seems to be having an adverse effect on the sports betting industry, in line with some analysts’ predictions. Recent figures suggest that the sports betting activity has been steadily declining due to the tax changes and the measures operators implemented to break even. Illinois Introduced a New Betting Tax A report […]
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 […]