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RGA criticises tax disparity in Portugal

4th July 2014 8:40 am GMT

Online gaming trade body the Remote Gambling Association (RGA) has spoken out against Portugal’s proposed “punitive taxes” for online sports betting operators.

The RGA says the tax rate suggested alongside Portugal’s proposed online gambling legislation, at a rate of between 8 and 16 per cent of stakes, would make the market unviable for operators who would otherwise apply for licensure.

“Whilst the RGA and its members welcome the Portuguese initiative in seeking to regulate the online gambling [...]

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