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Lawmaker proposes higher betting taxes in Australian Capital Territory

Australian Labor Party Member Marisa Paterson is calling on the state government to initiate a comprehensive review of online gambling in the Australian Capital Territory (ACT).

In her previous role as an academic researcher, Paterson said she grew “very concerned” about the harmful impacts of online gambling, and believes that more [...]

1 min read
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BetMGM cuts marketing budget in New York

BetMGM pulled back in its pursuit of players in New York during the first quarter of the year due to the state’s unfavourable tax environment.

Chief financial officer Gary Deutsch told analysts attending the BetMGM Investor Day that even at lower than typical promotion levels for a new market, operators in [...]

1 min read

British political think-tank calls for statutory problem gambling levy

British political public policy think-tank The Social Market Foundation has called for a new multimillion-pound statutory levy to fund the prevention and treatment of gambling-related harm in the United Kingdom.

The call accompanies the publication of a report by the SMF which proposes the creation of a new independent health board [...]

1 min read

New York bill aims to increase mobile betting licenses and lower tax rate

New York state senator Joseph Addabbo introduced a bill Friday that would require the state to expand its mobile sports betting market to include at least 14 licensed operators by January 2023, with a lower gaming tax applicable to a higher number of operators.

Senator Addabbo’s bill would require the New [...]

1 min read

US states see big wins from sports betting and iGaming

Sports betting and online gaming in the United States is translating into big wins for regulated states, delivering millions of dollars in revenue to state programs.

New York has been one of the biggest beneficiaries of recent regulations, with its mobile sports betting market generating more than $70.0m in tax revenue [...]

1 min read

Virginia sports betting amendment seeks to limit promotional spend deductions

Sports betting operators in Virginia will have to rein in their promotional spending if lawmakers approve proposed amendments to gambling legislation.

The amendments introduced Wednesday (Jan. 12) could increase sports betting taxes for the state by eliminating carry over of losses and limiting promotional credits.

Under existing law, sports betting operators are [...]

1 min read

Lithuania adopts new lottery and gaming tax rates

The parliament of Lithuania has adopted new tax rates that will apply to lottery and gaming operators from next year.

The new tax rates for retail and online betting and gaming operators will come into force on July 1, 2022, with the new lottery tax coming into force in January 2023.

The [...]

1 min read

New York mobile wagering tax set at up to 64%

New York’s Mobile Sports Wagering Evaluation Committee has determined the final tax rates that will be paid by mobile sports betting operators in the state, based on the number of licensed operators.

The mobile sports betting licensing process, which closed to applicants in August, required prospective licensees to propose the highest [...]

1 min read

Schleswig Holstein proposes iGaming tax rate of up to 44% of GGR

Lawmakers in the German state of Schleswig Holstein are considering new legislation that would tax online casino games at up to 44 per cent of gross gaming revenue.

Under the current German State Treaty on Gambling, online slots and poker games are regulated and taxed at the national level, with individual [...]

1 min read
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Philippines brings in new POGOs tax on foreign employees

A new tax on Philippine Offshore Gaming Operators (POGOs) has been signed into law by President Rodrigo Duterte.

Republic Act No. 1159 clarifies the tax liabilities of POGOs, their employees and services providers, and incorporates them into the Philippines tax system.

A key feature of the Act is a final withholding tax [...]

1 min read

Italian Football Federation seeks betting levy and return of sponsorship

Italy’s Football Federation has submitted a proposal to the Italian Government aimed at increasing funding for the sport through a betting levy and relaxation of gambling sponsorship rules.

The federation (FIGC) says that the Covid-19 pandemic has decimated the finances of Italian football clubs, which are said to return €17.30 to [...]

1 min read
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Germany adopts tax on iGaming stakes

Online gaming operators in Germany will be subject to a tax on all stakes with the opening of the regulated market on July 1.

Following a public hearing into the proposed tax on Monday, the finance committee of the German parliament approved amendments to the Racing Betting and Lottery Act on [...]

1 min read
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