Robinson Barreirinhas explained that the tax should serve a deterrent function.Brazil.- The Special Secretary of the Federal Revenue Secretariat of Brazil (Receita Federal), Robinson Sakiyama Barreirinhas, advocated for higher taxation on profits earned through betting, with the aim of discouraging
Although most EU member states have adopted modern online casino gaming licensing frameworks, Austria remains one of the only two countries still adhering to an outdated monopoly system. This poses risks to Austrian players and results in billions of uncollected taxes.In Brussels, the European Gamin
The General Coordination of Taxation of the Special Secretariat of the Federal Revenue of Brazil, led by Rodrigo Augusto Verly de Oliveira, published in the Official Gazette of the Union (DOU) the opinion on consultations related to accessory obligations, income tax taxation on earnings obtained fr
From the entity it was stated that, only in 2025, the activity will generate 60 thousand jobs. Additionally, it will report revenues of more than USD 3,000m to the state coffers.Brazil.- The National Association of Games and Lotteries (ANJL) published a projection of what the year 2025 should look l
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 gam
Representative Cleber Verde introduced a legislative initiative to increase the taxation of companies from 12 to 20 percent of the Gross Gaming Revenue.Brazil.- Federal deputy Cleber Verde presented the Bill No. 4.034/2024 in the Chamber of Deputies. The parliamentarian proposes to increase the tax
Kentucky entered the legal sports betting market in September 2023, launching both retail and online platforms. This launch was highly anticipated, and in its first year, the online betting volume reached $23 billion, with an adjusted gross revenue of $264.3 million, showing significant growth.Launc
The Nebraska Legislature adjourned indefinitely on Tuesday (August 20th) without discussing the proposal to legalize online sports betting in the state. Last week, Senator Eliot Bostar submitted a constitutional amendment to the committee to allow voters to express their opinions on legalization in
USA — In June, Kentucky's sports betting revenue amounted to $150.3 million, a 17.1% decrease from May. Of this, approximately $145.7 million came from online betting.Retail and online sports betting revenue was $15.4 million, down 27.2% from May. Online revenue totaled $14.9 million, while retail b
The New Zealand government will regulate online casinos for the first time, with a licensing framework currently being developed, expected to be implemented in 2026.The government has agreed to high-level regulation of online casinos. The government states that this move aims to minimize harm, suppo
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