Recently, the UK Parliament's Finance Committee held a hearing where Carsten Ronge, an economic policy expert at the Institute for Public Policy Research (IPPR), pointed out that raising gambling taxes is insufficient to solve gambling problems and questioned the validity of using the Dutch case to
The UK Betting and Gaming Council (BGC) has warned that the government's proposed gambling tax increase could lead to an economic loss of up to £31 billion and the loss of up to 40,000 jobs. This forecast is based on a report written by Ernst & Young-Parthenon, commissioned by the BGC, which assesse
The latest research by the UK Gambling Commission shows that the country's illegal online gambling market is expanding, with an increase in the number of unlicensed operators raising industry concerns. The study points out that the demographic characteristics of illegal gambling consumers are simila
The Philippine Bureau of Immigration has recently intensified its enforcement of visa compliance for foreign employees in the Bonifacio Global City (BGC) area. During an inspection targeting a Chinese-funded telecommunications company, enforcement officers found that 39 Chinese employees holding wor
The British Horseracing Authority (BHA) announced that a one-day joint strike will be held on Wednesday, September 10, cancelling four races in protest against the Treasury's proposed reforms to remote gambling and gaming taxes. Races at Carlisle, Lingfield, Uttoxeter, and Kempton racecourses will b
Former UK Prime Minister Gordon Brown recently wrote in The Guardian, calling for an increase in gambling tax rates to raise more funds to address child poverty. He cited a report from the Institute for Public Policy Research (IPPR), stating that a "fairer gambling tax" could bring in an additional
The Philippine real estate market has recently shown a distinct "polarized pattern": the office market has welcomed a supply peak, while the residential market has fallen into a sales slump. Particularly after the withdrawal of the POGO "wild" group, residential demand in Manila plummeted, leading t
CopyBet announces the renewal of its shirt sponsorship agreement with the English Championship club Queens Park Rangers (QPR), continuing as the club's main commercial partner for the 2025/26 season.Under the new agreement, the CopyBet brand logo will continue to appear on the front of the QPR men's
The online betting platform CopyBet has officially joined the Betting and Gaming Council (BGC) in the UK, becoming the latest member of this self-regulatory industry organization. As a member, CopyBet is required to adhere to the high standards of conduct set by the BGC, promoting a safer and more r
The British gambling industry is facing the risk of increased tax burdens. The Betting and Gaming Council (BGC) cited a recent survey indicating that if the government proceeds with plans to uniformly increase the online gambling tax rate, two-thirds of gamblers might abandon licensed platforms and
At the IAGA conference held in Berlin, the three major global gambling industry organizations—the American Gaming Association (AGA), the European Casino Association (ECA), and the British Gambling and Gaming Council (BGC)—gathered at a roundtable and issued a unanimous call: Illegal gambling is beco
At a recent think tank conference held by the Social Market Foundation (SMF) in the UK, top leaders in the horse racing industry strongly opposed the government's proposal to raise the betting tax rate for horse racing to align with online casinos. Currently, horse racing betting in the UK is subjec
Despite the continuous decline in horse racing betting turnover, the Horserace Betting Levy Board (HBLB) in the UK expects to receive a record £108 million in taxes for the fiscal year 2024-25. This revenue comes from betting companies with gross profits over £500,000, taxed at 10%, and is used to s
Despite the overall decline in betting amounts for horse racing events, the UK Betting and Gaming Council (BGC) has expressed concerns about the further increase in the tax burden on horse racing.It is expected that in 2024, BGC members will pay a record £108 million (approximately $143.8 million) i
According to the latest data released, the "Safer Gambling Week" campaign has achieved significant success, with over 1.5 million individual accounts activating safer gambling tools, a 22% increase from last year, setting a new historical record.Among the various tools available, setting deposit lim
The UK government's brewing gambling tax reform plan has triggered a strong earthquake in the industry. The Betting and Gaming Council (BGC) has recently warned that the Treasury's proposed "Single Remote Gambling Tax" plan could have a disastrous domino effect—not only endangering the survival of t
