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Tax

Netherlands lawmakers call for greater funding for gambling regulator and sports

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 [...]

1 min read

German gambling tax raises nearly €600m in third quarter

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 [...]

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German operators win betting shop tax battle

Operators in Germany are celebrating the end of a seven-year legal battle against a municipal betting shop tax.

The tax was first proposed by municipal authorities [...]

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ZEAL Network to consider dividend or share buyback as profit grows in H1

Frankfurt-listed online lottery broker ZEAL Network has reported an 11 per cent increase in first half revenue to €49.4m, alongside confirmation that its myLotto24 subsidiary [...]

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Australia’s NSW raises Point of Consumption tax rate to 15%

The Australian state of New South Wales (NSW) has announced reforms to its wagering taxes, including an increase in the Point of Consumption tax rate [...]

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Colorado Flag

Colorado sports betting audit questions licensing process and deduction of free bets

An audit of the first year of regulated sports betting in Colorado has identified shortcomings in the licensing process and called into question the practice [...]

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Tabcorp takes aim at foreign operators under the guise of fair play

Tabcorp and the Australian Hotels Association have joined forces under the Aussie Fair Play Coalition banner to attack foreign-owned wagering businesses.

A TV and print advertisement [...]

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Queensland aims to increase wagering tax

Lawmakers in the Australian state of Queensland have unveiled plans to increase the wagering point of consumption tax (POCT) to 20 per cent alongside other [...]

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BetMGM Jamie Foxx

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 [...]

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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 [...]

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Kentucky online poker, sports betting and fantasy sports bill back in play

Kentucky Senator David Yates has introduced a bill that would license and regulate online poker, sports betting, and fantasy sports contests in the commonwealth.

The bill [...]

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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 [...]

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