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EU iGaming weekly: Betfred shop closures, FRA evidence delay, FDJ UNITED’s H1 loss
Britain’s online tax rise starts costing retail jobs, the Gambling Commission holds back its financial risk assessment (FRA)… The post EU iGaming weekly: Betfred shop closures, FRA evidence delay, FDJ UNITED’s H1 loss appeared first on European Gaming Industry News.
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Industry survey warns proposed UK gaming machine tax rise could risk jobs
UK.- Gaming hall operators warn that a significant rise in tax would impact on investment and could lead to closures. An industry survey highlights concern over an influential think tank’s proposal for an increase in Machine Games Duty (MGD) in the UK. The Social Market Foundation (SMF) last month proposed that Machin…
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Betfred Follows Entain in Making Huge Job Cuts as UK Tax Increases Hit
UK gambling company Betfred has confirmed that it will cut 600 jobs and close 132 shops across the country. The operator says the cutbacks are due to increased gambling taxes and other rising costs. The job cuts follow Entain, the parent company of Coral, Ladbrokes, and 50% of BetMGM, which also cut 500 jobs earlier t…
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Betfred to close a tenth of 1,200-strong retail portfolio
UK high-street betting giant Betfred is planning to close around one-in-10 of its betting shops as leadership cites difficult fiscal and regulatory conditions. The closures have been directly attributed to the increases in gambling taxes, among other economic conditions, by Jo Whittaker, Betfred’s Chief Executive Offi…
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FDJ United’s H1 Results Were Dragged Down by Headwinds in UK & Netherlands
French gaming and betting giant FDJ United has published its financial results for the first half of the year, highlighting a slight decrease in revenue. The company attributed its sub-optimal revenues to tax-related headwinds, although its EBITDA margin remained in line with its annual target. Regulatory Changes and …
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Tax and heatwaves hit FDJ United’s H1 profit and revenue
The French gambling operator has revised its outlook amid a decline in earnings and gross gaming revenue, with the lottery segment hit by lower traffic. France.- The French gambling giant FDJ United has reported a downturn in profit and gross gaming revenue (GGR) for the first half of 2026. The operator blamed higher …
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Colombia Records COP 5.3 Trillion in Sports Betting Activity During the 2026 FIFA World Cup
The SuperGiros, a sports betting statistics service in Colombia, estimates that gambling wagers will take up COP 5.3 trillion during the 2026 FIFA World Cup in Colombia. The firm also estimates that this wagering resulted in about COP 120 billion (COP 100 million) in tax revenues to the nation’s public healthcare syst…
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FDJ United reviews markets amid tax pressures, weighs divestments
Profit down 19% to €180m in H1
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FDJ United Reports H1 Revenue Dip
H1 Revenue Falls Under Tax Pressure FDJ United reported first-half revenue of €1.782bn (£1.528bn), down 4.5% from €1.867bn a year earlier.… The post FDJ United Reports H1 Revenue Dip appeared first on iGaming Express.
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Tax pressures and lottery underperformance weigh on FDJ H1 revenue
FDJ United hinted at a review of the markets where its Kindred online betting business is active. This follows on from a planned turnaround of its UK business announced in Q1.
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Wipfli to host Elevate 2026 workshop for tribal gaming finance teams
Wipfli will host Elevate 2026: Streamlining the Path from Audit to Financials, a two-day in-person workshop designed for tribal gaming finance, audit and accounting leaders and team members August 26-27 at Graton Resort and Casino in Rohnert Park, California. Wipfli is a national accounting, tax, and advisory firm tha…
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Regulatory Trends 2026: first half-year recap, by SOFTSWISS
SOFTSWISS has published a recap of global regulatory developments in the first half of 2026, highlighting tax increases, licensing shifts, and tighter compliance measures. Press release.- In October 2025, SOFTSWISS released its annual iGaming Trends 2026 report. Now, with the first half of 2026 behind us and ahead of …
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Vodacom Tanzania Reports TZS 47.3 Billion Quarterly Net Profit Fueled by Data and M-Pesa
Vodacom Tanzania Plc reported a net profit after tax of TZS 47.3 billion for the quarter ended 30 June 2026, representing a surge of more than 200% compared to TZS 8.5 billion recorded in the same period last year. Vodacom Tanzania is a leading mobile network and financial technology service provider in Tanzania, offe…
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Nearly Half of Estonia’s Gambling Ads Breach the Rules
Compliance failures complicate Estonia’s push to become a low-tax iGaming hub Estonia’s effort to attract more online gambling businesses has run into another obstacle after regulators found widespread breaches of the country’s advertising rules. The Consumer Protection and Technical Regulatory Authority (TTJA) review…
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South African Bookmakers’ Association calls for ban on prediction markets amid integrity concerns
A trade body representing South African bookmakers has urged regulators to ban unlicensed prediction markets over concerns relating to integrity, AML and lost tax revenue.
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Will Estonia’s tax cuts be eclipsed by stricter marketing rules?
Estonia’s decision to gradually roll out a significant tax cut for its gambling sector has allowed it to proclaim itself as the next big iGaming hub in Europe, planning to go toe-to-toe with the likes of Malta and Gibraltar. However, targeting 4% of GGR in taxes by January 2029, while certain to get the attention […]
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Poland’s Gambling Tax Problem Is Fueling Growth of the Black Market
Poland has one of Europe’s fastest-growing gambling markets. Yet operators say the country’s tax system is making legal betting less competitive and giving illegal platforms room to expand. That contradiction sits at the heart of an increasingly awkward debate. Gambling revenue continues to climb, but many licensed co…
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UK prize draw operators raise concerns over VAT uncertainty
There are concerns that HMRC’s imposition of VAT on prize draw entries could lead to retrospective tax claims. UK.- Concerns have been raised over a change in HM Revenue and Customs’ (HMRC) stance on how VAT applies to prize draws in the UK. The agency has taken the view that VAT applies to paid entries...
Read summary →HMRC Tells Prize Draw Operators to Pay Standard Rate VAT on Entry Fees
UK Tax Pressure Builds Around Prize Draw Entry Models HM Revenue & Customs (HMRC) has increased its scrutiny of prize… The post HMRC Tells Prize Draw Operators to Pay Standard Rate VAT on Entry Fees appeared first on iGaming Express.
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Ukrainian Court Orders Man to Pay UAH 1.2M in Taxes After Accounts Linked to Online Casino Scheme
A Ukrainian court has ordered a man to pay more than UAH 1.27 million in unpaid taxes and penalties after authorities traced millions of hryvnias flowing through bank accounts that investigators believe were connected to online casino payment schemes. The ruling, issued by the Lviv District Administrative Court, rejec…
Read summary →Bacta rejects Burnham plan to make AGCs fund rate relief
Rate relief plan puts AGCs into the fiscal argument Tax debates often begin before a proposal has acquired legal form. A minister’s… The post Bacta rejects Burnham plan to make AGCs fund rate relief appeared first on iGaming Express.
Read summary →Bacta vows opposition against PM’s “anti-social” AGC claims
UK amusement and land-based gaming trade association Bacta has vowed to push back against any attempt by PM Andy Burnham and to use Adult Gaming Centres (AGCs) as means to fund tax relief for other high-street businesses. The PM’s “Burnham means business” plan aims to reinstate stability within the UK leisure economy …
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Australia’s gambling reform problem is not political courage alone – it is fiscal dependence
Australia’s gambling reform debate is really a budget debate. The federal government has moved on ad hoc advertising restrictions, but the bigger obstacle is structural: states and territories depend heavily on gambling taxes, so reform threatens a revenue stream that helps fund public services. Why the politics are s…
Read summary →Pennsylvania proposes prediction markets regulatory framework
On July 22, 2026, Pennsylvania lawmakers introduced HB 2711, which aims to create a new regulatory framework for prediction markets, as opposed to the wider trend in U.S. states that have focused on banning and taxing the industry. The proposal, filed by Representative Tarik Khan and more than 20 co-sponsors, was sent…
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Former Supreme Court Lawyer Gets Six Years in Prison in Tax Fraud Case
A high-profile former Supreme Court lawyer has been sentenced to six years in federal prison after a jury found him guilty of tax evasion and lying to lenders, abruptly ending a career at the top of the US legal world. High-Stakes Poker and Tax Fraud Bring Down Top Lawyer Thomas Goldstein earned a reputation as […]
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Brazilian Finance Minister Calls for Cigarette-Style Regulation of Sports Betting
The Executive Secretary of the Ministry of Finance in Brazil, Dario Durigan, has suggested regulating and taxing sports betting operators as much as he does with tobacco products. The government aims to reduce the amount of gambling in the country and reinforce the control of licensed operators, Durigan said during an…
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Former Lawyer Tom Goldstein Sentenced to Six Years for High-Stakes Poker Tax Fraud
The former superstar lawyer was found guilty of tax evasion in February.
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Colombia: Petro Government proposes making VAT on online gambling permanent in a new tax reform attempt
Days before the end of his term
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Brazil Betting Tax Revenue Nearly Doubles as Crackdown on Illegal Operators Intensifies
Brazil’s regulated betting market is generating far more tax revenue than it did a year ago, but industry leaders believe the biggest battle is still being fought outside the licensed system. Official figures from Brazil’s Federal Revenue Service show tax receipts from regulated betting climbed from BRL3.1 billion (ab…
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Burnham plans for gambling to fund high-street relief for “good businesses”
Adult Gaming Centers (AGCs) are all but confirmed to be facing an increase in business rates on England’s high streets, but a question hangs over whether bookmakers will be included too. Retail betting was excluded from the tax increase announced in the November 2025 budget by Rachel Reeves, then Chancellor of the Exc…
Read summary →Brazil Intensifies Fight Against Illegal Betting
Revenue Growth And World Cup Impact Brazil’s regulated betting market posted a strong rise in tax receipts during the first five… The post Brazil Intensifies Fight Against Illegal Betting appeared first on iGaming Express.
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California Man Who Survived Escazú Shooting Jailed in U.S. Gambling and Tax Case
A California businessman who narrowly survived a targeted shooting in Costa Rica more than a decade ago is now headed to federal prison after admitting to operating an illegal gambling business that prosecutors say used Costa Rica as its base while taking bets from customers in the United States. Jason Noah Feinman, 5…
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Poll Shows New York Split on Effects of Sports Betting
A new statewide survey shows New Yorkers are still deeply split on whether online sports betting is a good thing, even as participation keeps growing and the market is bringing in substantial tax revenue. Poll Finds More New Yorkers View Sports Betting as a Negative In early July, a survey of more than 800 residents […
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South Korea Casino Industry Pushes Back on Levy Hike, Renewal Plan
The Korea Casino Association has requested the government of South Korea’s Ministry of Culture, Sports, and Tourism to revise its plan to introduce changes to the existing gambling regulations, saying that an increase in the tourist tax and a license renewal process would make it harder for the business sector to beco…
Read summary →Pennsylvania Bill Proposes New Regulatory Approach for Prediction Markets
The proposal would establish operating rules for prediction markets without imposing a tax, distinguishing Pennsylvania from several other states. Pennsylvania lawmakers have introduced legislation that would create a regulatory framework for prediction markets without taxing the industry. The proposal distinguishes P…
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Colombia’s outgoing government makes final push to permanently tax online gambling
Colombia’s government has introduced a new tax reform bill that would make the taxation of online gambling a permanent feature of the country’s fiscal framework, as President Gustavo Petro’s administration seeks to raise COP21.9tn (approximately US$5.4bn) in additional revenue for the 2027 budget before leaving office…
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Bulgaria Says “No” to Gambling Ad Ban & Higher Taxes
The Bulgarian government has rejected a proposal for a blanket ban on ads and higher gaming taxes. The decision comes amid repeated opposition calls for stricter restrictions. Parliament Rejects the Call Amid Channelization Concerns Bulgaria’s opposition fervently floated the idea of introducing a blanket ban on ads, …
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Bulgaria Rejects Calls for Blanket Gambling Ad Ban
Bulgaria’s Deputy Finance Minister Lyudmila Petkova has dismissed opposition proposals to tighten gambling rules, rejecting both a wider advertising ban and higher taxes. During a commission meeting on the 2026 budget, she said such measures cannot be adopted in isolation and warned they could push more players into t…
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Bulgaria Rejects Gambling Tax Hike
Tax Increase Proposal Is Turned Down Bulgaria has rejected opposition proposals to raise gambling taxes and to tighten advertising rules… The post Bulgaria Rejects Gambling Tax Hike appeared first on iGaming Express.
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Bulgaria rejects blanket ban proposal on gambling ads
The government of Bulgaria has rejected the opposition’s proposals to amend the country’s gambling regulations by introducing a blanket ban on gambling ads and increasing gambling taxes. Currently, Bulgaria imposes a 25% tax on gross gaming revenue and an additional 10% corporate tax. Despite the 60% channelization ra…
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Colombia Proposes Tax Reform to Maintain 19% VAT on Online Gambling
The Colombian government has now introduced a new tax reform bill, which includes that online gambling will continue to be subject to 19% Value Added Tax (VAT) as part of an overall goal of raising public revenue. The plan, which was presented to the government by the Ministry of Finance in the last months of […] The …
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Resorts World New York City adds 1,400 slot machines on reopened first floor
The additional machines are expected to increase gross gaming revenue and tax payments to the state of New York. US.- Resorts World New York City has opened its first floor with the addition of 1,400 slot machines, bringing the total number of slots at the property to 3,900. The expansion was completed within three mo…
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Proposals for gambling tax rise and advertising ban rejected in Bulgaria
The government says it has begun a review of Bulgaria’s Gambling Act as it aims to tackle unlicensed offerings. Bulgaria.- The government of Bulgaria has rejected opposition calls for an increase to gambling taxes and a ban on most gambling advertising in areas with dense populations. Deputy Financial Minister Lyudmil…
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Pennsylvania gaming revenue falls 1.73% in June
Igaming revenue rose but other verticals saw a decline in gaming revenue. US.- The Pennsylvania Gaming Control Board has reported that gaming revenue in the state amounted to $535.3m in June. That’s a 1.73 per cent reduction from the $544.7m in June 2025. Tax revenue collected amounted to $234.4m. This figure represen…
Read summary →Bulgaria’s Finance Ministry rejects total gambling ad ban
Bulgaria’s Deputy Financial Minister has shot down opposition calls to restrict gambling advertising and introduce further tax hikes. ‘Democratic Bulgaria’ and ‘We Continue the Change’ were former coalition partners prior to this April’s elections, but subsequently split due to mismatch in political vision, although b…
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Africa Summit at iGB L!VE 2026: Experts unpack tax, localisation and growth
The Africa Summit’s debut at iGB L!VE 2026 brought together key stakeholders from the industry, with operators and regulators from across the continent present to discuss the exciting future of the region.
Read summary →BHA hires new Chair amidst UK political battle against affordability and tax
The British Horseracing Authority (BHA) has revamped its leadership amid an intense period of campaigning around betting regulations and taxation. As the regulator of horse racing in the UK, the BHA has found itself embroiled in the extensive debate around Financial Risk Assessments (FRAs) and betting tax over the pas…
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Bulgaria rejects opposition gambling ad blanket ban and tax hike proposals
Government members warned increasing the gambling tax rate further could increase illegal activity among consumers.
Read summary →TaDa Gaming builds UK trust through responsible gaming
Compliance and intelligence will define the next generation of content. Press release.- Since entering the UK market in 2025, TaDa Gaming has positioned responsible gaming as a cornerstone of its long-term strategy. With operators navigating a rapidly evolving regulatory environment alongside rising tax pressures, the…
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Mauritius budget scraps hotel casino licences and expands casino tax monitoring
All change in Mauritius as its hotel casino licence is abolished, the digital games regime expanded and casinos brought inside the Mauritius Revenue Authority's tax-monitoring net.
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AGA, IGA argue harm from sports betting prediction markets in testimony to Congress
The chair of the Indian Gaming Association and a senior executive of the American Gaming Association told a congressional panel Tuesday that prediction markets are a threat to the legal gaming industry, with more than $1.2 billion in lost tax revenue to date. IGA Chair David Bean and Christopher Cylke, senior vice pre…
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Chile Registers 25 Foreign Online Betting Platforms for Digital VAT Compliance
Resolution No. 69 of 2026 has come into effect, and the Chilean Internal Revenue Service (SII) has just published the list of 25 foreign online betting platforms that have registered under the Chilean Digital Value Added Tax (VAT) system. The resolution, approved on June 2, obliges all foreign operators that provide o…
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Brazilian Betting Industry Professionals Highlight the Sector’s Social and Economic Contributions
While debating gambling-related legislation, experts from the regulated gambling sector in Brazil have emphasized the social, economic and institutional impacts of gambling. Their remarks coincide with current discussions in Congress concerning regulation of industries, public financing and taxation. Those who express…
Read summary →H2 Says Duty Hike Is Driving Players Offshore
Tax Pressure and Offshore Growth in the UK Online Gambling Market Higher gambling taxes in the UK are coinciding with… The post H2 Says Duty Hike Is Driving Players Offshore appeared first on iGaming Express.
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Chile’s tax authority moves to enforce Digital VAT on online betting platforms
Chile’s tax authority, the Servicio de Impuestos Internos (SII), has begun applying its “change of taxpayer” mechanism for Digital VAT to online betting platforms that failed to register under the simplified regime for foreign digital services. According to the SII, 25 online betting platforms registered between 14 an…
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Entain to eliminate 500 roles as tax costs and market pressures rise
Represents about 2% of the workforce
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UK tax hikes could accelerate shift to illegal gambling, warns BGC
Illegal betting share to hit 22% by 2031
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H2 report finds offshore online market growth linked to tax hike
H2 Gambling Capital found that onshore operators' market share fell an estimated 5% between 2019 and 2025.
Read summary →Italy tax man expects €800m gambling income boost
Agenzia delle Entrate (ADE), the tax and revenue office of Italy, has closed the accounts 2025 State Budget, providing a ‘favourable opinion’ of gambling taxes for 2026 accounts. Italian gambling licences (non-lottery) in total generated €6.66bn (£5.65bn) in taxes and duties during 2025 – a figure that represents arou…
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