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EY study shows betting and gaming’s contribution to UK economy

Britain’s betting and gaming industry generated £4.5bn in tax revenue for the UK Treasury in 2019, according to a new study by EY.

The study by [...]

3 mins read
Oceania

Victoria to raise point of consumption tax for betting operators

The Australian state of Victoria is expected to introduce new legislation to increase the point of consumption tax (POCT) paid by sports betting operators.

The state [...]

1 min read
Legislation

New bill introduced to repeal federal sports betting tax

New bipartisan legislation has been introduced in Congress to repeal the excise tax applicable to all legal sports bets in the United States.

Representatives Dina Titus [...]

1 min read
Netherlands
Casino

Netherlands releases technical requirements for online gambling monitoring

The Netherlands has submitted draft legislation to the European Commission setting out the technical requirements for connecting online gambling systems to the new Control Data [...]

1 min read
Italy
Europe

Italy introduces temporary sports betting tax

The Italian government has introduced a temporary betting tax to generate funds for sports that have been impacted by the COVID-19 shutdown.

The government aims to [...]

1 min read
Europe

GVC Holdings to seek VAT rebate of up to £200m

London-listed gaming operator GVC Holdings has added its name to the list of gaming companies seeking a refund from UK tax authority HMRC in relation [...]

1 min read
William Hill
Europe

William Hill in line for up to £150m VAT repayment

London-listed gaming operator William Hill may recover as much as £150m from HM Revenue and Customs (HMRC) after the UK tax authority confirmed that it [...]

1 min read
Casino

New Jersey bills aim to help casinos recover from shutdown

Lawmakers in New Jersey have introduced legislation that would provide significant tax breaks to help Atlantic City casinos recover the COVID-19 shutdown.

The bill would temporarily [...]

1 min read
Bingo

Regulated UK gambling industry generates £3bn in Duties for HMRC

The UK government earned more than £3bn in betting and gaming duties last year from the regulated gambling industry according to the latest figures from [...]

1 min read
Bingo

Betting and Gaming Council warns of job losses without urgent government support

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 [...]

1 min read
Philippines Flag
Casino

Philippines senate proposes 30% iGaming withholding tax

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 [...]

1 min read
Casino

Czech government unveils gambling exclusion system, raises taxes

Gamblers in the Czech Republic will have to pay income tax on winnings above CZK1.0m under new rules which came into force on January 1st, [...]

1 min read