EU lawmakers want online gambling to help fund a €2 trillion budget alongside Big Tech. A digital levy is being proposed at bloc level. Budget committee votes 15 April.

igaming-times.com/news/regulat...

#iGaming #EUBudget #GamblingTax #OnlineGambling #DigitalLevy

UK Remote Gaming Duty doubled overnight. 21% to 40%. 200 William Hill shops closing. Operators cutting costs across the board.

igaming-times.com/news/regulat...

#iGaming #UKGambling #GamblingTax #RemoteGamingDuty #BlackMarket

Evoke warned 200 William Hill shops would close if the UK tax hikes went ahead.

igaming-times.com/news/corpora...

#iGaming #WilliamHill #UKGambling #GamblingTax #Evoke

US Sports Betting Tax Debate Could Raise $182B A proposed 10% federal tax on sports betting could raise $182B. But will it slow growth or push bettors elsewhere? Check the most important details here!

10% federal tax on US sports betting: $182B in revenue or a 10% market shrink that pushes bettors to untaxed alternatives?

Full analysis 👇
www.online-casinos.com/us/news/industry/us-spor...

#SportsBetting #GamblingTax

Minister Warns of Gambling Tax Rise Effect on Gibraltar With a UK gambling tax increase confirmed, Gibraltar is seeking a different approach. Read this update for more details on a potential Plan B.

🚨⚖️ Gibraltar's minister warns UK gambling tax hikes could impact Gibraltar's economy. Emphasizes need for innovation to sustain revenue and prosperity. #Gibraltar #GamblingTax #EconomicImpact

www.online-casinos.com/uk/news/industry/gibralt...

The Weekly Wrap: Governments Come for the Margins - iGaming Times, Your home for unbiased news and education If you are a CFO in this industry, you probably want to forget this week ever happened.

Weekly Wrap: Governments come for the margins as UK confirms 40% tax hike & South Africa proposes 20% national levy. Bally's secures Star Entertainment.

igaming-times.com/the-weekly-w...

#GamblingTax #UK #SouthAfrica #Ballys

UK Betting Shops Decline 5% as Labour Mulls Tax Hike - iGaming Times, Your home for unbiased news and education The latest operator data from the UK Gambling Commission (UKGC) shows Britain's retail betting shops are in a state of terminal decline, irrespective of any

UK betting shops decline 5.2% in one year. Now, the Labour Party is mulling a "jackpot tax" hike, which the BGC warns would be "catastrophic" and a "gift for the black market."

igaming-times.com/uk-betting-s...

#UKGambling #GamblingTax #BGC #LabourParty

Horse Racing Won't Face Tax Increases in New Budget The upcoming Autumn Budget is set to sidestep horse racing in favour of increasing other gambling taxes. Read this news piece for more information.

Autumn Budget: ~£1bn gambling tax rise planned — horse racing spared; online casinos & machines in focus. Details Nov 26. #UKBudget #GamblingTax #HorseRacing

www.online-casinos.com/uk/news/industry/horse-r...

New Zealand Gambling Tax Hike to 16% to Fund Community Groups - iGaming Times, Your home for unbiased news and education In a landmark move for New Zealand gambling regulation, the government has introduced an amendment to its Online Casino Gambling Bill that will see proceeds

New Zealand gambling tax hike to 16% GGR to fund local community groups. A significant increase in fiscal burden for operators.

igaming-times.com/new-zealand-...

#NewZealand #GamblingTax #GamingIndustry #NZPolitics

BGC Warns UK Gambling Tax Hike Risks £3.1bn Economic Hit & 40k Job Losses - iGaming Times, Your home for unbiased news and education The Betting and Gaming Council (BGC) has issued a stark warning about the potentially devastating economic impact gambling tax increases could have on the UK.

BGC warns that a UK gambling tax hike risks a £3.1B economic hit and up to 40,000 job losses.

igaming-times.com/bgc-warns-uk...

#BGC #GamblingTax #UKEconomy #GamingIndustry

KSA Offers Covid Tax Refund for Dutch Land-Based Operators Dutch regulator KSA offers partial gambling tax refunds to land-based operators for Covid-19 closure periods in 2020-21, following court ruling.

Dutch land-based operators to receive a partial tax refund for overpaid gaming taxes from 2020-2022.

igaming-times.com/partial-tax-...

#Netherlands #GamblingTax #TaxRefund #GamingIndustry

Betfred says all its shops may close if Reeves hikes gambling tax The company's co-founder says it would be forced to close all its sites, putting 7,500 jobs at risk, if gambling taxes go up.

good. gambling shops, websites, apps, and sponsorship are a scourge of britain.

BBC News - #Betfred says all its shops may close if Reeves hikes #gamblingtax

www.bbc.com/news/article...

William Hill Owner Evoke Considers Betting Shop Closures Up to 200 betting shops in the UK could close if gambling taxes are increased by the Labour government. Find out more details here.

William Hill owner Evoke warns 200 betting shops could close (1,500 jobs at risk) if new gov't gambling taxes hit. ⚠️ Read the details! 👇
www.online-casinos.com/uk/news/industry/william...
#GamblingTax #WilliamHill #JobLosses

Betfred says all its shops may close if Reeves hikes gambling tax The company's co-founder says it would be forced to close all its sites, putting 7,500 jobs at risk, if gambling taxes go up.

Spare a thought for an industry that leeches money from the poor, causing untold misery in the process.

#GamblingTax

When the gambling tax is introduced, I presume it will apply to the stock exchange. #gamblingtax

Senegal's New Tax Strategy on Online Gambling Industry Senegal's new plan targets online gambling for higher taxes to combat debt and enhance domestic revenue, promoting 'economic sovereignty'.

Senegal to increase tax on online gambling to boost economic recovery & reduce public debt.

igaming-times.com/senegal-to-i...

#Senegal #GamblingTax #OnlineGambling #Gaming

📊 New 4% tax on gambling winnings in Romania: What are the impacts on the industry? www.igaming.com/igamingcare/romania-rais...

#GamblingTax #RomaniaPolicy

"BGC criticizes Gordon Brown for backing UK gambling tax increase proposal. #UK" #GamblingTax https://fefd.link/fwMkr

UK Gambling Tax Hike Debate: A Sin Tax Controversy Unfolds Explore the UK gambling tax debate as industry leaders warn against hikes, claiming it fuels the black market and harms consumers.

UK gambling tax debate ignites as Paddy Power co-founder calls black market threat "exaggerated," but industry warns of negative impacts.

igaming-times.com/uk-gambling-...

#UKGambling #GamblingTax #BlackMarket #PaddyPower

ATG Reports 22% Profit Decline Amid Tax Hike Challenges ATG reports a 22% profit drop amid tax hikes and a weak economy, fueling a focus on cost control and future profitability.

TG's H1 profit plummets 22% due to higher Swedish gambling tax. Net gaming revenue down 5%.

igaming-times.com/atg-h1-profi...

#ATG #GamblingTax #Sweden #GamingIndustry

British Horseracing Plans Unprecedented Strike Against Tax Hike British Horseracing to strike on 10 September, protesting against gambling tax hikes that threaten jobs and the industry’s future.

British horseracing to strike Sept. 10 in protest of a tax hike that could cost the sport £330M over 5 years.

igaming-times.com/british-hors...

#HorseRacing #GamblingTax #UKPolitics #Betting

UK Gambling Industry Trying to Avoid Increases in Taxes Gambling operators throughout the UK are fearful of tax increases. Find out what the gambling industry is doing to prevent taxation rises.

💼 The UK gambling industry lobbies to prevent tax hikes. Summer campaign underway. ⚖️🎲 #GamblingTax #LobbyingEfforts #UKPolitics

www.online-casinos.com/uk/news/industry/lobbyin...

Efforts fail to reverse controversial new U.S. gambling tax rule After the passage of the OBBBA, the betting world is left with a controversial gambling tax rule that snuck in with little attention.

Oh, come on guys.

#obbba #bigbeautifulbill #gamblingtax #gamblingnews

sigma.world/news/efforts...

Senate's "big beautiful bill" may tax gamblers on phantom profits The Senate's big beautiful bill is raising concern in gambling circles when it comes to how gambling winnings and losses are taxed.

This is wild and makes no sense.

#obbba #thebigbeautifulbill #gamblingnews #gamblingtax

sigma.world/news/senates...

Brazil's Online Betting Market Earns $687.5M in Tax Revenue Brazil's online betting market generated BRL 3.8 billion in tax revenue within six months, highlighting its economic potential amid regulatory challenges.

Brazil collects US$687.5M tax in first 6 months of regulated online betting. Strong fiscal start for the burgeoning market.

igaming-times.com/brazil-colle...

#Brazil #GamblingTax #OnlineBetting #Revenue

New 10% Gambling Turnover Tax in Armenia: Impacts & Reactions Explore Armenia's new 10% turnover tax on gambling, its implications for operators, and the future of the industry amidst regulatory uncertainty.

Armenia implements controversial 10% gambling turnover tax & higher license fees. Industry warns of unsustainable model & illegal market boost.

igaming-times.com/armenia-impl...

#Armenia #GamblingTax #Regulation #iGaming

GOP Senators Had No Idea They Voted For Controversial Gambling Tax How the sausage is made in Washington: In the dark and behind closed doors.

Controversial gambling tax slipped past GOP Senators in the latest bill! The industry is buzzing, and repeal efforts are underway. #GamblingTax #SenateSurprises

www.huffpost.com/entry/gambling-tax-deduc...

Gambling Loss Tax Deductions Cut in Trump's OBBB Act Gamblers may owe taxes even when they break even under the new OBBB law. The Fair Bet Act aims to reverse the 90% loss deduction cap.

💸 Trump's Big Beautiful Bill cuts gambling loss deductions to 90%.
Even if you lose it all, you could still owe the #IRS.
Fair Bet Act aims to reverse it. #GamblingTax #CasinoPlayers #FairBetAct

www.online-casinos.com/us/news/industry/one-big...

Romania's New Gambling Tax: Impact on Players and Operators Romania's new gambling tax increases could push players to black markets. Learn about the fiscal reforms and industry reactions affecting all.

Romania implements new gambling tax hikes. Online operator GGR to 27%, retail to 23%, and 4% tax on ALL player winnings.

igaming-times.com/romanias-fis...

#Romania #GamblingTax #iGaming #FiscalPolicy