Representative Angélica Casillas Martínez introduced a bill that seeks to establish a 10 percent tax on expenditures and 6 percent on the prizes received by gamblers in the state.
Mexico.- The parliamentary group of the National Action Party proposed creating a new tax related to betting through games and lotteries held in the Mexican state of Guanajuato.
Representative Angélica Casillas Martínez stated that the proposal, in addition to pursuing a fiscal purpose, is carried out with a public health and safety perspective, to balance economic and social interests.
Specifically, the initiative seeks to establish a tax of 10 percent on expenditures and 6 percent on the prizes that participants of gambling games in the state receive.
Angélica Casillas expressed that it is not about prohibiting games and betting, but about establishing mechanisms to deter gamblers from falling into cases of problematic gambling.
Later, the parliamentarian highlighted that a similar tax to the one in her project already exists in most Mexican states, except Guanajuato, which is why this federative unit must update to regulations that have already occurred in other parts of the country. Additionally, Casillas said that the tax constitutes a public law obligation and must be established by law, as well as being proportional and intended to cover public expenses.
According to the official, the exponential increase in the supply and demand of gambling and betting has led to the proliferation of cases of problematic gambling, so the establishment of this norm will help combat this situation.
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Finally, she pointed out that the aim is to establish contributions with a social impact objective, in order to satisfy the extra-fiscal purpose of having a measure against gambling addiction, and to impact security conditions without pursuing a fiscal purpose.
Kambi Group has repurchased a total of 50,000 ordinary B shares between November 20 and November 26.
Press release.- Kambi Group has repurchased during the period from November 20 to November 26, 2024 a total of 50,000 ordinary B shares (ISIN: MT0000780107) as part of the share buyback program, within the mandate approved at the Extraordinary General Meeting on June 20.
The objective of the Program is to achieve added value for Kambi shareholders and give the Board greater flexibility with Kambi's capital structure by reducing capital. The Program is being carried out in accordance with the Companies Act of Malta, EU Market Abuse Regulation No. 596/2014 ("MAR"), and other applicable regulations.
During the Buyback Period, Kambi repurchased a total of 50,000 ordinary B shares at an average volume-weighted price of 106.92 SEK. Since the start of the Program, which began on November 6, until November 26, 2024 inclusive, Kambi has repurchased a total of 154,000 ordinary B shares at an average volume-weighted price of 108.17 SEK per share.
During the buyback period, Kambi repurchased shares as follows:
