Search
Tax
59 stories mentioning this topic
NLGRB and URA Engage Gaming Operators on 15% Withholding Tax Implementation
Denis Ngabirano, CEO of the National Lotteries and Gaming Regulatory Board (NLGRB), joined key stakeholders from the Uganda Revenue Authority (URA) and licensed gaming operators for a strategic engagement regarding the rollout of Section 131 under the Income Tax (Amendment) Act, 2026. Licensed operators continue to ma…
Read summary →Thailand weighs gold transaction tax to track illicit flows, including gambling money
Thailand is considering a 0.01% gold transaction tax to help authorities trace illicit funds linked to scams and illegal gambling. The post Thailand weighs gold transaction tax to track illicit flows, including gambling money first appeared on Asia Gaming News | AGB - Asia Gaming Brief.
Read summary →Argentina Collects $70.5 Million in Online Betting Tax Through August
The Revenue and Customs Control Agency (ARCA) has released data showing that Argentina has raised ARS106.6 billion (already $70.5 million) in taxes on online betting and gaming in the first eight months of 2026. Online betting tax received amounted to ARS16.975 billion ($11.2 million) in August, after ARS17.798 billio…
Read summary →Thailand Considers Gold Transaction Tax in Illegal Gambling Crackdown
Thailand is considering a 0.01% tax on all gold transactions as part of a wider effort to reduce money laundering connected to organized crime, including illegal gambling. A number of financial institutions in the country have joined in supporting the proposed tax. The proposed measure will ensure that all gold transa…
Read summary →Nebraska coalition launches campaign against online sports betting measures
Challenges $87 million tax relief estimate
Read summary →Macau Gaming Tax Revenue Reaches $969M in August
The Macau government raised MOP$7.83 billion, or US$969 million, through gaming taxes in August. The amount marked a rise of 9.5% compared with the gaming tax paid in July. However, it was 8.0% less than the tax amount seen in August of last year. The gaming tax collection in August was based on Macau’s gross […] The …
Read summary →Macau gaming tax take down 8% year-on-year to US$969 million in August
The Macau government collected gaming taxes of MOP$7.83 billion (US$969 million) in August, up 9.5% compared with July although down […]
Read summary →Uganda Regulators Meet Gambling Operators on 15% Withholding Tax Enforcement
The National Lotteries and Gaming Regulatory Board (NLGRB) and the Uganda Revenue Authority (URA) sat down with licensed operators this week to discuss how the new 15% withholding tax on betting and gaming winnings will be applied. The measure, introduced under Section 131 of the Income Tax (Amendment) Act, 2026, requ…
Read summary →Polish PM Tusk Pushes EU to Introduce Tax on Gambling
Polish Prime Minister Donald Tusk used the Visegrád Group summit in Bratislava to call for new EU revenue sources that would not fall on ordinary citizens. Speaking alongside leaders from Slovakia, the Czech Republic, Hungary, and Ireland’s Micheál Martin, Tusk argued that gambling operators, cryptocurrency platforms,…
Read summary →Polish PM Urges EU to Consider Gambling Tax
Gambling Raised During EU Budget Talks Tusk raised the issue following a meeting of Visegrad Group leaders in Bratislava, where discussions… The post Polish PM Urges EU to Consider Gambling Tax appeared first on iGaming Express.
Read summary →Gambling tax rates across Europe: What operators and players pay
European gambling tax rates vary widely, with headline percentages not always telling the full story. Gambling tax 2026… The post Gambling tax rates across Europe: What operators and players pay appeared first on European Gaming Industry News.
Read summary →Germany Raids Suspected Illegal Gambling Network over $6.7B in Stakes
German authorities have moved against a suspected illegal online gambling network after an investigation lasting more than three years. Prosecutors estimate the operation raked in billions of euros in gambling stakes while avoiding the licensing and tax requirements that operators in Germany must adhere to. German Pro…
Read summary →Macau gaming tax revenue hits $8.24B in first eight months
Macau’s gaming tax revenue rose by 6.9 percent year-on-year to MOP66.17 billion ($8.24 billion) in the first eight months of 2026, according to the latest central account budget execution data […] The post Macau gaming tax revenue hits $8.24B in first eight months first appeared on Asia Gaming News | AGB - Asia Gaming…
Read summary →Illinois lawmaker files bill to scrap prediction market tax
House Bill 5811
Read summary →Bet365 Ends 340 Jobs Amid Regulatory and Tax-Related Pressures
Bet365 has become the latest UK operator to put jobs on the chopping block amid regulatory and tax headwinds. According to the announcement, roughly 340 jobs will be cut as part of the downscale. Bet365 to Part Ways with 340 Employees According to the announcement, bet365 will put an end to 340 jobs across various […]
Read summary →Hard Rock Digital and Caliente Boost Playtech’s Strong Performance in H1 2026
Playtech closed the first half of 2026 with results far stronger than expected, driven by its partnerships and investments in the Americas. Adjusted EBITDA rose to €162.5 million, a sharp increase from the previous year, while margins expanded to 30%. The Group reported a pre‑tax profit from continuing operations of €…
Read summary →Buenos Aires Province to impose 2% tax on online slots prizes
Estimated to raise up to $26 million Government Minister Carlos Bianco.
Read summary →Brazilian Presidential Candidates Split Over Bets Ban and R$12.2 Billion Fiscal Gap
Four of Brazil’s 2026 presidential candidates back a complete ban on sports betting platforms, but no one has outlined any plans to replace the tax revenue the sector would lose if it’s banned. A survey released by Folha de S. Paulo Reported That Betting regulated by R$12.2 billion generated public revenue in 2025. Th…
Read summary →Illinois: Bill seeks to remove prediction market tax
As part of its state budget, Illinois amended its sports betting law to tax and treat certain sports-event contracts offered on prediction markets as “exchange wagers,” which was quickly challenged in court by Kalshi and the Commodity Futures Trading Commission (CFTC). House Bill 5811, introduced by Republican state R…
Read summary →Bet365 trims workforce by 3% amid UK tax duty increases
Remote gaming duty rose to 40% in April
Read summary →UK Chancellor reportedly weighing slot machine tax increase ahead of October budget
Hike may accelerate betting-shop closures
Read summary →Bet365 Confirms 340 Job Cuts Across Stoke, Malta and Gibraltar as Higher Gambling Taxes Bite
bet365 has announced that 340 jobs will be cut across its operations, with most of the losses expected at its Stoke‑on‑Trent headquarters. Around 300 roles are set to go from the UK base, while the remaining 40 will be affected in Gibraltar and Malta. The company, which employs 10,000 people worldwide and 5,500 in Sto…
Read summary →Chile’s Senate Moves Forward with Online Gambling Regulation
The Senate Economy Commission is progressing its discussions of a plan to regulate online gambling, with legislators and the Executive on an agreed draft law. The goal is to create a regulated, transparent, secure, and taxed betting market in Chile. The Internal Revenue Service (SII) and the Undersecretariat of Teleco…
Read summary →bet365 to cut 340 roles as tax and regulatory costs bite
The operator puts the reduction at around 3% of its workforce, with 300 of the 340 roles going… The post bet365 to cut 340 roles as tax and regulatory costs bite appeared first on European Gaming Industry News.
Read summary →Bet365 confirms plans to cut 340 jobs in response to UK tax headwinds
Bet365 has confirmed a significant round of job cuts as higher taxes continue to mount pressure on the UK gambling sector.
Read summary →bet365 follows four main rivals by cutting workforce in another ominous sign for UK gambling
UK-headquartered gambling giant bet365 has become the last of the UK’s five largest gambling firms to announce job cuts since the tax increase. The firm, which is led by the Coates family and is the biggest private employer in Stoke-on-Trent, is set to reduce its workforce by 340 – or 3%. Around 300 of bet365’s […]
Read summary →How being a former lawyer and judge has helped the President of the National Association of Games and Lotteries of Brazil
Plínio Lemos Jorge, President of the National Association of Games and Lotteries of Brazil (ANJL), spoke to G3 about his work as a prominent lawyer and former judge at the Tax and Fees Court of São Paulo, and how that experience lends itself to his role at the ANJL and the fight against illegal gaming. […]
Read summary →DRC Ministry of Finance reaffirms sole authority of gambling oversight
The DRC government is seeking greater control over gambling regulation as concerns grow over the sector’s limited tax contribution.
Read summary →Macau concerts drive record Uber taxi demand, led by Hong Kong visitors
Macau concerts drove Uber taxi trips to a July record, with Hong Kong visitors remaining the platform’s largest passenger source. The post Macau concerts drive record Uber taxi demand, led by Hong Kong visitors first appeared on Asia Gaming News | AGB - Asia Gaming Brief.
Read summary →Macau Uber says Hong Kong visitors its top source of demand, launches “WeChat Mini Program” to boost use by mainlanders
Six months since Uber returned to Macau as “Uber Taxi,” the company says its total number of completed trips has […]
Read summary →Bet365 confirms 340 layoffs across Stoke, Malta and Gibraltar
A spokesperson for the company suggested to NEXT.io that increased regulatory and tax-related costs were largely to blame The post Bet365 confirms 340 layoffs across Stoke, Malta and Gibraltar appeared first on NEXT.io.
Read summary →Gaming Realms pre-tax profit falls 21 per cent in first half
Content licensing held up, but a non-repeat brand deal and the UK duty rise left the headline numbers lower. UK.- Gaming Realms posted a 21 per cent drop in pre-tax profit to £3.4m for the six months to June 30, down from £4.2m (US$5.7m) a year earlier. At £15.5m, revenue fell by 3 per cent....
Read summary →iGame Media launches OneData, eliminating the integration and maintenance time tax on specialist odds and sports data products
8 September 2026 – iGame Media has launched OneData, a new odds and sports data gateway designed to give sportsbooks, platforms and prediction markets access to multiple specialist providers through a single integration and commercial access model. The company, which operates a fully agnostic video streaming platform …
Read summary →UK Tax Hike Could Close 3,000 Betting Shops, Cut Racing Funds
UK Gambling Tax Debate Intensifies Ahead of Autumn Budget Chancellor of the Exchequer John Healey is considering doubling Machine Games… The post UK Tax Hike Could Close 3,000 Betting Shops, Cut Racing Funds appeared first on iGaming Express.
Read summary →UK Looks at Bigger Slot Machine Tax to Boost Budget
Chancellor John Healey is looking for extra revenue ahead of the October budget and the UK government is considering a big hike in taxes on gambling machines. UK Could Raise Machine Games Duty to 40% Under New Proposal The UK Treasury is understood to be looking at a range of options to increase the Machine […]
Read summary →DRC Finance Ministry Issues Tax Warning, Reasserts Sole Authority on Gambling Regulation
The Democratic Republic of Congo’s Ministry of Finance has issued a firm reminder to gambling operators that only its services hold the authority to regulate and collect taxes in the sector. In a communiqué dated August 27, 2026, the ministry stressed that casinos, sports betting companies, lotteries, and similar oper…
Read summary →OKTO PAYMENTS conecta-se diretamente com a Yape para oferecer aos comerciantes no Peru uma plataforma de pagamentos própria e de alta conversão
A integração direta com o superaplicativo leva o Yape One Shot e o Yape On File aos comerciantes, reduzindo o atrito no checkout, aumentando as taxas de aprovação e transformando compradores ocasionais em clientes recorrentes The post OKTO PAYMENTS conecta-se diretamente com a Yape para oferecer aos comerciantes no Pe…
Read summary →UK chancellor reportedly mulling slot machine tax hike
The chancellor faces a tight budget on 28 October where he must raise billions in tax rises or spending cuts to pay for increases in defence spending The post UK chancellor reportedly mulling slot machine tax hike appeared first on NEXT.io.
Read summary →Missouri sports betting handle falls to $246.8m in July
Taxable revenue jumped 59.4 per cent to $21.8m as wagering volume hit its lowest level since the market launched. US.- The Missouri Gaming Commission has reported that the state’s sports betting was $246.8m in July. That’s 4.5 per cent less than in June and the lowest total since sports betting began in the state in...
Read summary →Illinois bill proposes repeal of prediction markets tax
The state law imposing taxes on prediction market operators was enacted less than three months ago. US.- Illinois Representative Travis Weaver has proposed a measure that would amend the Sports Wagering Act and repeal the new exchange wager transaction tax with immediate effect. The proposal is included in HB5811, whi…
Read summary →Asia Gaming eBrief: Singapore betting taxes post 11.9% growth in FY2025/26
Gambling delivered one of Singapore’s fastest-growing tax streams last year. Betting tax collections climbed 11.9 percent to $2.84 billion in FY2025/26, ahead of the 9.4 percent increase in total tax revenue. The headline number comes with an important limit: Singapore reports gambling duties and casino tax together, …
Read summary →SBC Summit 2026 puts Western Europe’s regulatory challenges in focus
SBC Summit’s Western Europe track will bring operators, regulators and market specialists together to assess the forces reshaping Europe’s mature gambling markets, from tax increases and tighter player-protection controls to retention pressures and the growth of unlicensed competition. The post SBC Summit 2026 puts We…
Read summary →Singapore Betting Tax Revenue Rises 12% To US$2.8 Billion
The total amount of Singapore’s betting tax collection, including gambling duties and casino tax, rose by 11.9% year-on-year to SGD3.6 billion (US$2.8 billion) for the fiscal year ending March 31, 2026. This is contained in the recent annual report of the Inland Revenue Authority of Singapore. This period is referred …
Read summary →Singapore betting tax revenue rises 11.9% to $2.8B in FY2025/26
Singapore’s betting tax revenue rose 11.9% to $2.84 billion in FY2025/26, outpacing the growth in overall tax collections. The post Singapore betting tax revenue rises 11.9% to $2.8B in FY2025/26 first appeared on Asia Gaming News | AGB - Asia Gaming Brief.
Read summary →Singapore betting tax income rises nearly 12% in year ended 31 March, hitting US$2.84 billion
Singapore’s betting tax income increased by 11.9% year-on-year in the financial year ending 31 March 2026, totaling SG$3.6 billion (US$2.84 […]
Read summary →Illinois Bill Seeks to Repeal Prediction Market Tax Amid Legal Challenges
The proposal would eliminate the state’s recently enacted 1.75%-to-3.5% tax on sports prediction market transactions. An Illinois lawmaker is seeking to repeal the state’s newly enacted tax on sports prediction markets, less than three months after the measure became law and was challenged by Kalshi and the Commodity …
Read summary →Football, Cricket & Rugby unite for greater coverage of UK women’s sport
The governing bodies of England football, rugby and cricket are uniting in a bid for tax credits for broadcasters to extend the coverage of women’s sport across the country. The English Football Association (The FA), Rugby Football Union (RFU) and England and Wales Cricket Board (ECB) wrote a letter to the UK governme…
Read summary →Resorts World New York City wants horse racing payment included in its state tax
Forcing a separate payment on top of the existing tax would effectively equate to an overall tax of 76 per cent Resorts World New York City, New York City’s first fully-fledged casino, is fighting hard to persuade New York Governor Kathy Hochul to include a tax it has to pay to the horse racing industry […]
Read summary →Flutter to close up to 100 UK betting shops
Decision follows dramatic loss following highre tax despite revenue gains UK betting company Flutter Entertainment has said it could be forced to close up to 100 Paddy Power betting shops in the UK and Ireland, with 400 jobs at risk due to tax increases. The number equates to about a fifth of the company’s estate of b…
Read summary →India Tax Agency Traces US$7.4 Billion In Illegal Betting Transactions
India’s tax intelligence agency has detected INR700 billion (US$7.4 billion) in illegal online gaming and betting transactions during one financial year and proposed new payment-data requirements to expose the networks routing those funds. The figure covers transactions identified by the Directorate General of GST Int…
Read summary →100 Paddy Power shops may close with 400 jobs at risk
A spokesperson told NEXT.io that deciding to review the operator's retail estate was an "extremely difficult decision", but blamed higher gambling taxes among other headwinds The post 100 Paddy Power shops may close with 400 jobs at risk appeared first on NEXT.io.
Read summary →Relevance is the New Acquisition Advantage
With the emergence of prediction markets, regulatory scrutiny, and higher taxation inflating acquisition costs and increasing financial pressure on sportsbook operators, Nikolaus Beier, SVP Media and Marketing Services at Sportradar, explains why relevance – rather than simply more advertising – will increasingly dete…
Read summary →Higher gambling tax drives Holland Casino to a loss of €6.1m in the first half
Turnover rose slightly to €361.5m Holland Casino suffered a loss before corporate income tax of €6.1m in the first half of 2026. Despite stable revenues and previous cost-saving measures, the result was strongly influenced by the higher gambling tax and rising costs. Holland Casino received more than 2.5 million visit…
Read summary →Holland Casino CEO: Dutch public sentiment towards gambling is negative, but sector’s black market battle is good news
Holland Casino CEO Petra de Ruiter on her journey running a state gambling monopoly through tax hikes and regulatory tightening, and why the Dutch sector teaming up to fight Meta and the black market is a hugely positive move.
Read summary →Flutter to Review 100 Paddy Power Shops
UK Betting Shops Face Pressure From Higher Gambling Taxes Flutter Entertainment is reviewing up to 100 Paddy Power betting shops… The post Flutter to Review 100 Paddy Power Shops appeared first on iGaming Express.
Read summary →Hong Kong Jockey Club Hits Record HK$331.7 Billion Turnover as Illegal Betting and Delayed Projects Cloud Outlook
The Hong Kong Jockey Club handled a record HK$331.7 billion in bets and lottery sales in the year to June 30, but the figures came with a warning: rising competition from illegal gambling, heavy taxation and delayed returns from major investments are putting more strain on the model that funds billions of dollars in p…
Read summary →Flutter ponders closure of 100 Paddy Power shops due to higher taxes and “economic uncertainty”
Flutter Entertainment has become the latest UK gambling giant to show its scars from the recent remote gaming duty (RGD) rise as the business confirmed that up to 100 Paddy Power shops are “under review”. The now-solely-NYSE-listed firm stated that “approximately 400 roles could potentially be put at risk of redundanc…
Read summary →India tax agency traces $7.4B in illegal betting transactions, seeks payment trail
India’s tax intelligence agency traced $7.4 billion in illegal betting transactions and called for tighter payment tracking. The post India tax agency traces $7.4B in illegal betting transactions, seeks payment trail first appeared on Asia Gaming News | AGB - Asia Gaming Brief.
Read summary →Estonian MP defends online gambling tax cut amid calls for early review
Tanel Tein says there are signs that Estonia’s lower igaming tax rate may be attracting businesses. Estonia.- The Eesti 200 MP Tanel Tein has defended the controversial reduction in online gambling tax in Estonia after Prime Minister Kristen Michal instructed parliament to bring forward a review of the measure, which …
Read summary →























































