Search
Tax
59 stories mentioning this topic
Analysis shows Supreme Court of India ruling significantly reduced tax liabilities of three major online operators
Indian authorities have reduced their proposed Goods and Services Tax (GST) demands against three major online gaming operators by a […]
Read summary →India Slashes Gaming GST Demands by 75% After Supreme Court Ruling
Indian tax authorities have reduced proposed principal Goods and Services Tax (GST) demands against 3 major online gaming companies by about 75%. The revisions follow a Supreme Court ruling that changed how pending tax demands must be calculated, while preserving retrospective taxation of online money gaming. The comp…
Read summary →Labour MPs Call for Further Gaming Tax Hikes in the UK
The United Kingdom recently increased its online gaming duties, much to the industry’s dismay, forcing operators to close shops and streamline their businesses. While gaming stakeholders have repeatedly warned against further taxes, saying that it would hurt the industry, lawmakers are now eyeing an increased rate for…
Read summary →Casino bosses warn tax uncertainty will see UK investment grind to a halt
Any potential hike in Machine Games Duty will be the "death knell for a number of businesses" warns Genting UK CEO Paul Willcock ahead of the autumn budget The post Casino bosses warn tax uncertainty will see UK investment grind to a halt appeared first on NEXT.io.
Read summary →Entain asks UK government to ‘carefully consider any further gambling tax increases’
Increases would threaten the viability of many shops, jobs and livelihoods Entain, the global sports betting and gaming group, has urged the UK Government to carefully consider any further gambling tax increases which would ‘threaten the viability of many shops, jobs and livelihoods.’ Entain’s CEO Stella David made th…
Read summary →Betfred Boss Fred Done Laments UK’s Slot Machine Tax Hike But Gets $40M in Dividends
As the UK government is considering increasing taxes on high-street slot machines, the billionaire Fred Done warned his company might close hundreds of bookies, all while taking over GBP 30 million (about $40 million) in dividends from Betfred. Government Plans Tax Increase on Gaming Machines, Done Speaks Against It C…
Read summary →Mali Sets Sights on FCFA54.4bn in Sports-Betting Tax Revenue for 2027
Mali wants to pull FCFA54.4bn in tax revenue from sports-betting winnings next year. The figure sits in the country’s draft 2027 budget and marks an 8.8 per cent rise on the revised 2026 forecast, according to Focus Gaming News. The draft Finance Bill also lays out plans to grow PMU-Mali’s betting network, bring in ne…
Read summary →Peru tax hike could force operators to leave market, experts warn
The proposal, which was introduced earlier this month, cites problem gambling prevention and generating additional government revenue as its objectives The post Peru tax hike could force operators to leave market, experts warn appeared first on NEXT.io.
Read summary →BGC’s big hitters ask for pause on UK general betting tax hike
The UK’s biggest bookmakers have called for the Government to pause the planned increase in General Betting Duty (GBD) as part of its lobbying attempts against a potential Machine Games Duty (MGD) rise. A letter penned by some of the biggest members of the Betting and Gaming Council (BGC), the UK’s gambling trade body…
Read summary →UK operator CEOs call on chancellor to halt MGD and GBD tax hikes
A rise in GBD from 15% to 25% is scheduled to come into force in April 2027, while the treasury is considering whether to include a doubling of MGD in the autumn budget The post UK operator CEOs call on chancellor to halt MGD and GBD tax hikes appeared first on NEXT.io.
Read summary →Entain Is Fighting a Betting Shop Tax It Says Would Make It a Relative Winner
Asked later in the call how Entain would fare if the rise went ahead, she gave a different kind of answer.… The post Entain Is Fighting a Betting Shop Tax It Says Would Make It a Relative Winner appeared first on iGaming Express.
Read summary →Missouri Sentences Man to 51 Months in Prison for Failing to Pay Employee Tax to Fuel Gambling
A Missouri man has been sentenced to 51 months in prison on October 5, 2026, after the person had been found guilty of avoiding paying employment taxes to the Internal Revenue Service on behalf of the companies he owned and operated. The news was confirmed by the US Attorney’s Office for the District of Kansas, […]
Read summary →Argentina’s Online Gambling Tax Revenue Rises
Online Betting Levy Surpasses Prior Year Argentina’s Revenue and Customs Control Agency, known as ARCA, reported that the indirect tax… The post Argentina’s Online Gambling Tax Revenue Rises appeared first on iGaming Express.
Read summary →Entain Q3 2026: Higher Tax, Faster Growth
The Number +14% Online net gaming revenue (NGR) growth in the UK and Ireland in Q3 2026, year on year,… The post Entain Q3 2026: Higher Tax, Faster Growth appeared first on iGaming Express.
Read summary →Divided they fall: Is the sector presenting the right argument against MGD hike threats?
A threatened rise in machine games duty could reshape the UK’s gambling high street. But some voices are warning that dividing bookmakers from adult gaming centres risks conceding the argument for higher taxes.
Read summary →Argentina collects $81 million in online gambling tax revenue, surpassing all of 2025
January to September
Read summary →Peru bill proposes raising online betting consumption tax to 5%
Land-based gambling excluded
Read summary →UK betting tax hike could put 16,000 jobs at risk, BGC warns
80% of jobs are outside London
Read summary →Italy weighs €1bn gambling tax input for Budget 2027
Italy’s Ministry of Finance and Economy (MEF) projects that it will raise €1bn in funding from gambling companies from 2027-to-2028. The forecast forms part of the Meloni government’s settlement of the 2027 Budget Law. The MEF’s €1bn target arising from the 2026 Budet takes into account significant reforms being under…
Read summary →UK gambling’s tax argument has a split personality problem
Holding two seemingly contradictory positions at the same time is not uncommon in business. But few examples in the UK gambling sector have illustrated this tension quite as clearly as the debate over gambling taxes throughout much of this year. Following the April increase in Remote Gaming Duty (RGD) from 21% to 40%,…
Read summary →Betfred posts $85 million pre-tax profit as UK tax hikes prompt shop closures and sponsorship cuts
Plans to close 132 betting shops
Read summary →Ireland Drops EU Gambling Tax Review
Irish Draft Leaves Out Gambling Levy In Dublin, the Irish Presidency decided against a proposed review for a common tax on online… The post Ireland Drops EU Gambling Tax Review appeared first on iGaming Express.
Read summary →UK Budget must protect 36,000 betting shop jobs
More than eight in ten betting shop jobs are outside London and over half of employees are under 35 Britain’s betting shops support more than 36,000 jobs, with young people, women and communities outside London among those most exposed to further tax rises, the Betting and Gaming Council has warned ahead of the Budget…
Read summary →Ireland omits common tax on iGaming from first draft EU Budget 2028
In Dublin, the Irish Presidency decided against a proposed review for a common tax on online gambling as part of the European Union (EU) budget 2028-2034. Ireland took the role of chief negotiator of Budget 2028-2034 this July. EU member states are due to settle terms on a minimum €2trn (£1.7bn) plan to fund the […]
Read summary →Macau Gaming Tax Revenue Reaches $9.2 Billion in 9 Months
Macau’s gaming revenue rose in the first nine months of 2026, according to the latest figures released by the city’s Financial Services Bureau. The total amount of MOP74.56 billion, or $9.22 billion, has been collected in gaming fiscal revenues during this period. The amount was 5.9% above that of the total generated …
Read summary →Lawmakers propose raising online betting consumption tax to 5% in Peru
Peruvian lawmakers have introduced a bill proposing to increase the Selective Consumption Tax (ISC) on online gaming and sports betting from 1% to 5%, citing gambling addiction prevention and the protection of vulnerable players. The initiative was presented by deputies from Partido Cívico Obras at the instigation of …
Read summary →Hard Rock Casino makes Dutch online betting debut
Seemingly undeterred by regulatory and taxation headwinds in the Netherlands, Hard Rock Casino has announced its expansion into sports betting. SpinCore Group, the Malta-headquartered business that operates the Hard Rock Casino brand, announced on LinkedIn today that it has received regulatory approval to launch a spo…
Read summary →Chilean lawmakers seek to block online betting tax collection
Deputies from Chile’s Unión Demócrata Independiente (UDI) party have announced plans to introduce an amendment to the 2027 Budget Law that would prevent the country’s tax authority, the Servicio de Impuestos Internos (SII), from collecting taxes from online betting platforms. The proposal comes amid an ongoing dispute…
Read summary →Deloitte approved falsified Abramovich accounts, BBC finds
Deloitte Cyprus approved backdated annual accounts in which $672m worth of Roman Abramovich’s assets had been removed from the company’s accounts, reports BBC Panorama Roman Abramovich’s offshore companies used backdated documents to remove assets from the public accounts and evade tax in Cyprus, according to a joint …
Read summary →Betfred posts £64m pre-tax profit on £995.6m turnover in 2025-26
Retail generated £544 million of the £995.6 million total as Betfred’s shop estate fell to 1,293, with UK… The post Betfred posts £64m pre-tax profit on £995.6m turnover in 2025-26 appeared first on European Gaming Industry News.
Read summary →Déjà vu? EU-wide tax debate springs horse racing into action
European horse racing stakeholders have come together to protect the sport from the potential introduction of an EU-wide gambling tax. Given Ireland’s current Presidency of the Council of the EU, Thomas Byrne TD, Minister of State for European Affairs, and Simon Harris TD, Minister for Finance, have both been approach…
Read summary →Machine Games Duty increase is an ‘existential threat to casinos across Britain’
Thousands of casino workers face losing their jobs and venues across Britain could close following fresh tax raid Raising Machine Games Duty to 40 per cent would pose an existential threat to Britain’s casinos, putting up to 3,800 jobs at risk and forcing some operators to consider closing as much as a third of their …
Read summary →Peru bill proposes fivefold increase in consumption tax rate to 5%
Peru's online betting sector could face a significant tax increase under a new bill citing public health and revenue-raising objectives.
Read summary →Macau gaming tax growth slows to 5.9% in first nine months
Macau’s gaming tax receipts rose 5.9 percent to $9.22 billion through September, with cumulative growth slowing. The post Macau gaming tax growth slows to 5.9% in first nine months first appeared on Asia Gaming News | AGB - Asia Gaming Brief.
Read summary →Betfred Reports €1.14bn Revenue As UK Tax Pressure Mounts
Revenue And Online Investment Betfred reported revenue of approximately €1.14bn (£995.6m) for the 52-week period ending 29 March 2026 in… The post Betfred Reports €1.14bn Revenue As UK Tax Pressure Mounts appeared first on iGaming Express.
Read summary →Betfred’s online business accounts for nearly half of 2025/26 turnover
Betfred reported turnover of £995.6m for the 52 weeks to 29 March 2026 as the business filed its last annual report before a drastic change to the UK gambling landscape. The UK gambling giant, founded by Fred Done back in 1967, saw gross profit come in at £720m but profit after tax was £39.6m, according […]
Read summary →Digital maturity, regulation, and AI: key insights from 2027 iGaming trends report by SOFTSWISS
Valentina Bagniya, CMO at SOFTSWISS, discusses how artificial intelligence, taxation shifts, and compliance are reshaping the iGaming landscape and what the industry needs to continue maturing. SOFTSWISS has published the fifth edition of its iGaming Trends report. Have any of the headline findings proven to be a part…
Read summary →Another Push: Nevada Wants to Restore Full Gambling Loss Tax Deduction
Nevada lawmakers are once again striving to restore the full federal tax deduction for gambling losses. Still, the effort remains unresolved more than a year after Congress approved a change that could leave some gamblers paying taxes even when they break even. A Matter of Fairness Democratic Rep. Steven Horsford rene…
Read summary →Macau gaming tax collection up 5.9% in first nine months of 2026 to US$9.2 billion
The Macau government collected a total of MOP$74.6 billion (US$9.22 billion) in gaming taxes for the first nine months of […]
Read summary →BGC Casino Tax Hike Puts 3,800 Jobs at Risk, Warns Body
The BGC casino tax hike warning says raising Machine Games Duty to 40 per cent could put 3,800 jobs at risk and force British casino closures.... Read More...
Read summary →FanDuel reinstates 50-cent transaction fee on qualifying Illinois bets to cover per-wager tax
Fee suspended since April 2026
Read summary →Global e local: como a 1win Partners ajuda afiliados a crescer em novos GEOs
Na 1win Partners, uma taxa de tráfego competitiva é apenas o ponto de partida. O programa de afiliados assume os processos que geralmente consomem tempo ao lançar em um novo […] O post Global e local: como a 1win Partners ajuda afiliados a crescer em novos GEOs apareceu primeiro em iGaming Brazil.
Read summary →Ahead of Key Nebraska Vote: DraftKings and FanDuel Add Another $7M
DraftKings and FanDuel have each contributed another $3.5 million to the campaign aimed at legalizing online sports betting in Nebraska. Their latest generosity now brings the total raised by supporters to approximately $14.65 million ahead of the November 3 election. Bigger Stake The latest donations to Tax Relief Ne…
Read summary →Denmark tables draft to tighten gambling ad restrictions
Denmark is gearing up for a first reading of its new gambling Bill, which introduces a number of gambling restrictions, including a whistle-to-whistle ban during live sporting events. Introduced by Tax and Growth Minister Jakob Engel-Schmidt, the legislation will be presented for first reading on 22 October 2026. The …
Read summary →Brazil’s Coffers Could Suffer from Abrupt Online Gambling Closures
A new study by LCA Consultores has warned that the ramifications of President Lula da Silva’s abrupt provisional ban on online gambling could be significant, estimating that as much as BRL73 billion in tax contributions could be on the line over the next four years. Ban Stings on Many Levels – Financially Most of All …
Read summary →“Companies that had been hesitating are now coming to or relocating to Ceuta before the end of the year”
Interview with Managing Director of Tax Services
Read summary →Entain Warns on UK Gambling Tax Hike
Retail Betting Faces Higher Tax Pressure in the UK Entain has launched a campaign opposing a possible tax increase for British betting… The post Entain Warns on UK Gambling Tax Hike appeared first on iGaming Express.
Read summary →Ireland Leaves Betting Tax Untouched While Racing Funding Climbs 3%
Ireland’s horse racing sector is set for a larger state contribution in 2027 after the government increased funding for Horse Racing Ireland (HRI), while opting against any change to the country’s betting tax rate. The measures, announced as part of Tuesday’s budget, will see HRI’s allocation rise to €81.6m next year …
Read summary →Scale will win in UK, but black market is the real risk says Flutter MD
Flutter expects to increase market share as UK's 40% gaming tax squeezes rivals, but Paddy Power Betfair boss warns that's no cause for celebration if the black market grows faster.
Read summary →Entain launches campaign as betting shop tax increase looms in UK budget
Focusing on employment, high streets
Read summary →Analysis depicts UK bookies’ clear shift away from horse racing amid tax rises
Analysis from the Racing Post has confirmed what many in the industry may have been expecting: horse racing sponsorship has declined notably in 2026 so far. A sponsorship shift in the UK gambling scene was noticed almost immediately after the increases in Remote Gaming Duty (RGD) from 21% to 40% and General Betting Du…
Read summary →Trump Will Not Pay Taxpayers Back for Controversial Ads
US President Donald Trump says he will not pay back the federal government for millions of dollars spent on ads on television promoting his administration, although he claimed his super PAC would cover the costs. Trump Leaves Taxpayers on the Hook for $11.6M in Ads After a series of ads featuring him and his administr…
Read summary →Supreme Court in Finland Backs Bettor’s Right to Deduct Losing Stakes From Taxes
A professional bettor in Finland has won the right to write off losing stakes against his taxes. The Supreme Administrative Court ruled on 1 October that he can deduct the stakes on bets that lost, not only the ones that paid out. Back in 2020, Antti Koivula placed 2,145 bets with operators outside the EEA. […] The po…
Read summary →Finnish Court Backs Professional Bettor Antti Koivula in Landmark Tax Case
Five-Year Tax Dispute Ends in Koivula’s Favour The case concerned Koivula’s betting activity in 2020. During that year, he placed… The post Finnish Court Backs Professional Bettor Antti Koivula in Landmark Tax Case appeared first on iGaming Express.
Read summary →Costa Rica begins CRC361.5m sanction proceedings against 10 casinos
Costa Rica’s Ministry of Finance has begun proceedings against 10 casinos after inspections identified undeclared gaming activity, electronic-invoicing failures and other tax irregularities. Hacienda said it had determined CRC361.5m ($785,000) in sanctions following the enforcement action. The figure represents sancti…
Read summary →Finnish pro bettor wins right to deduct losses from taxable income
A legal dispute in Finland has been upheld in favour of a professional bettor, who sought to include his betting losses to his tax considerations. In 2020, Antti Koivula had put around €366,000 into bets and won approximately €407,000 back, leaving him with an actual profit of around €41,000. However, in the eyes of t…
Read summary →Rwanda after the gaming tax: demand fell again after H1
Rwanda was one of three African markets that lost demand in the first half of 2026, and by August demand was 76% lower than a year earlier after a July fall that H1 did not capture. Rwanda’s half-year print was −36.2%. These numbers look big, but monthly data through August 2026 shows that first-half number … The post…
Read summary →UK Gambling Tax Revenues Up 19% After RGD Hike
UK Gambling Tax Receipts Rise After Remote Gaming Duty Increase UK betting and gaming duty receipts reached €2.28bn between April… The post UK Gambling Tax Revenues Up 19% After RGD Hike appeared first on iGaming Express.
Read summary →Jennings Bet MD: ‘You can’t tax a closed shop’
Greg Knight told NEXT.io that the bookmaker would have to look at closing almost half of its retail estate if the machine games duty tax hike went ahead The post Jennings Bet MD: ‘You can’t tax a closed shop’ appeared first on NEXT.io.
Read summary →














































