Britain’s Betting and Gaming Council has warned of real fears for thousands of staff and entire businesses in the gambling industry unless government steps in to provide assistance in the face of widespread venue closures and cancelled sporting events.
According to the BGC, Britain’s casinos face an immediate crisis as customer levels [...]
Offshore online gaming operators and suppliers licensed in the Philippines may soon be liable to a 30 per cent tax on income and 5 per cent franchise tax under new legislation proposed in the Senate this week.
The proposed legislation follows a report from the Bureau of Internal Revenue (BIR) claiming that most [...]
Philippine Finance Secretary Carlos Dominguez III has pledged his support to proposed legislation which would impose a 5 per cent franchise tax on revenue generated by Philippine Offshore Gaming Operators (POGOs) and their service providers.
The Australian state of Tasmania has confirmed that the point of consumption tax on gambling which comes into force on January 1st, 2020, will be charged at 15 per cent of net revenue, prompting an outcry from the industry.
Kenya-based international sports betting provider Sportpesa has shut down operations in its home market and lashed out at the government for its hostile attitude towards the industry.
Philippine Finance Secretary Carlos Dominguez III has directed the Bureau of Internal Revenue (BIR) to shut down Philippine Offshore Gaming Operators (POGOs) that fail or refuse to pay the tax liabilities of their foreign workers.