The Remote Gambling Association (RGA), the iGaming industry association, has claimed that the Portuguese government could raise an additional €20m in revenue if it was to base its proposed online sports betting tax on operators’ gross gaming revenue (GGR) rather than turnover.
Auditor PricewaterhouseCoopers (PwC) carried out a study, Sporting Bets Regulation in Portugal, on behalf of the RGA, which concluded that the current proposed turnover tax regime for the soon-to-be regulated Portuguese online sports betting market [...]