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Industry
March 5, 2025
Gambling Loss Tax Deduction Bill Advances in North Carolina
A bill, proposing a gambling loss income tax deduction, is making its way in North Carolina. The proposal, which was introduced near the end of January this year, recently received bipartisan support by a House committee. House Bill 14 Receives Bipartisan Support The bill, titled “Gambling Losses Tax Deduction” seeks to enable North Carolina residents […]
Industry
February 26, 2025
Mississippi Moves to Raise Casino Taxes amid Online Betting Debate
The ongoing attempts to reshape Mississippi’s gambling landscape could result in a significant casino sector tax hike after the House Ways and Means Committee approved raising the levy from 12% to 16%. The motives behind this proposal lie in the Mississippi Senate’s unsuccessful attempts to legalize online wagering, costing the state significant missed revenues. Mississippi […]
Industry
February 26, 2025
NJ Gov. Murphy Proposes Raising Online Gaming and Betting Tax
New Jersey’s governor is eyeing an iGaming tax hike to address the state’s financial needs. This mirrors proposals in other states, which have also been considering tax increases. Governor Murphy Wants to Raise the iGaming Tax New Jersey has historically been one of the most lenient states in terms of gambling taxes. As one of […]
Industry
February 19, 2025
Colombian Trade Body Raises Alarm over Increased Gambling Taxes
Colombia’s gambling sector faces increasing challenges after the government effectively imposed a 19% value-added tax (VAT) on online betting, stirring concern among regulators and industry stakeholders. The Colombian Federation of Gambling Entrepreneurs (Fecoljuegos) warned that the sudden tax increase could drive operators out of the market, destabilize state revenue streams, and fuel a boom in […]
Industry
February 19, 2025
Lawmakers Renew Effort to Scrap Sports Betting Excise Tax
In another push toward the repeal of the federal excise tax on sports betting, the bipartisan co-chairs of the Congressional Gaming Caucus, reintroduced a proposal calling to eliminate the so-called “handle tax.” On Tuesday, Reps. Dina Titus and Guy Reschenthaler, reintroduced the legislation which proposes to eliminate the 0.25% federal excise tax on sports betting. […]
Industry
February 4, 2025
Ohio Considers Doubling Its Sports Betting Tax Again
Ohio lawmakers are once again seeking a tax hike. The state, doubled its sports betting tax in 2023, is looking to do so again, citing the industry’s growth as the reason. DeWine Seeks to Recover Some of the Money Sportsbooks Take In the 2026-2027 budget, Governor Mike DeWine proposed raising the sports betting tax from […]
Casino
January 27, 2025
AGA Praises Donald Trump’s Visit to Circa Resort and Casino
Donald Trump just made a visit to Circa Resort and Casino, attracting praise from industry stakeholders. During his visit, the US president discussed some of the industry’s woes, supporting measures that will provide some relief to operators and their employees. Among other things, Trump addressed the slot tax threshold, the sports betting excise tax and […]
Industry
January 24, 2025
South Africa Lawmaker Proposes Sin Tax as Gambling Surges
South African lawmakers have proposed a “sin tax” on gambling as the industry surges. Politicians have also expressed concern about the fact that many people in the country gamble in order to deal with the cost of living and not for fun. African Gambling Grows But So Does Harm At first glance, the South African […]
Industry
January 21, 2025
SPA Head Warns Selective Tax Could Be of Bad Omen in Brazil
At the start of the year, Brazil’s government announced a series of decisive measures and fresh gambling rules that would regulate the gambling sector and put an end to black market operations. As explained by the head of the Secretariat of Prizes and Bets (SPA) under the Ministry of Finance, Regis Dudena, the new framework […]
Industry
January 17, 2025
New Brazilian Ordinance Raises Concerns over Retroactive Taxation for Operators
The recently published Ordinance RFB/SPA/MF No. 3/2025 has sparked ongoing debates about its implications for Brazil’s gambling sector. The ordinance establishes the Intersecretarial Working Group (GTI-Bets), which will monitor tax compliance, oversee authorized operators, and investigate potential illegal activities. However, it also contains text implying the possibility of retroactive taxes for Brazil’s licensed operators. Retroactive […]