Germany’s states collected €666.1 million in gambling taxes during the first quarter of 2023, a fall of 5 per cent year-on-year.
The main cause of the decrease was a 43 per cent drop in tax from online slots to €80.1 million. Online slots contributed 12 per cent of gambling tax in [...]
New Hampshire reported record sports wagers in March, with handle rising by 31 per cent to $103.4 million.
Mobile betting grew by 55 per cent in March to $93.4 million and more than compensated for a 46 per cent drop in retail betting, which was down to $10.0 million.
But the [...]
The Government of the Indian state of Tamil Nadu has banned all forms of online gambling as the national tax authority launches investigations into offshore operators that serve players in India.
The ban in Tamil Nadu, India’s sixth most populace state with a population of over 76 million, applies to all [...]
United States Representatives Dina Titus of Nevada and Guy Reschenthaler of Pennsylvania have introduced legislation to eliminate the federal sports betting tax.
The 0.25 per cent excise tax on legal sports bets, known as the “handle tax”, amounted to almost $22 million in Nevada alone in 2022.
Representatives Titus and Reschenthaler, co-chairs [...]
The Hong Kong Jockey Club has agreed to pay a special football betting duty of HK$2.4bn annually until the 2027/28 fiscal year.
The special betting duty will transfer an additional $12bn from the club to the public purse over the course of the next five years to support the budget of [...]
Germany’s 16 federal states collected €2.57bn in gambling taxes in 2022, a 10 per cent increase on the previous year.
Lottery tax was the largest contributor to state coffers, with €1.67bn collected (65 per cent share), but its annual growth was only 1 per cent.
2022 marked the first full year of [...]
The Hong Kong Jockey Club (HKJC) has hit out at a proposal from the New People’s Party (NPP) to significantly increase Hong Kong’s football betting duty by 30 per cent.
The operator said that the NPP’s proposal represents a lack of understanding of the competition in the wagering market and HKJC’s [...]
New York Senator Joseph Addabbo Jr. is hoping to grow the number of licensed mobile sports betting operators in the state to sixteen over the next two years.
Addabbo’s proposal calls for fourteen operators to be licensed in the state by the end of January 2024, rising to sixteen operators by [...]
Mobile sports betting generated $909m for New York State in taxes and licensing fees during the first year of operation, after $16.6bn was wagered on sports.
The one-year anniversary of legal mobile sports betting in New York State passed last week (Jan. 8), with the state collecting $709.2m in taxes on [...]
Gaming taxes in the Australian State of New South Wales are set to rise next year in order to help fund vital services.
The proposed tax increases would apply to gaming tables and slots (poker machines) in casinos and are expected to raise an additional AUD$364m over the next three years, [...]
Lawmakers in the Netherlands have adopted motions calling for better funding for the national gambling regulator in response to delays in implementing exclusion requests.
Among the motions adopted Tuesday is one calling on the government to review the current capabilities of gambling regulator Kansspelautoriteit (KSA), in order to ensure that is [...]
Germany collected €596m in lottery and gambling taxes in the third quarter of 2022, a 16 per cent increase on the same period in 2021.
July 2021 marked the start of the new Interstate Gambling Treaty in Germany and provided licences for online sports betting, slots and poker. The tax rate for [...]