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A new report by GambleAware shows that the risks associated with gambling products have increased and calls for stronger regulation.

A new report by GambleAware shows that the risks associated with gambling products have increased and calls for stronger regulation.

The report written in collaboration with Bournemouth University by GambleAware studied the different risks associated with various gambling products.The study found that users of physical electronic gaming machines (such as those in betting shops and casinos) are over ten times more likely to suffer

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What are the new guidelines on taxation of betting gains in Brazil?

What are the new guidelines on taxation of betting gains in Brazil?

The Federal Revenue Service revealed how to declare earnings and various tax obligations.Brazil.- The Federal Revenue Secretariat of Brazil (Receita Federal) published a document on consultations related to the taxation of earnings obtained from betting in Brazil. The data explain how, among other a

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Gambling Helpline GamCare Welcomes UK Government's Levy on Gambling, Call Volume Hits Historic High

Gambling Helpline GamCare Welcomes UK Government's Levy on Gambling, Call Volume Hits Historic High

GamCare welcomes the UK government's announcement of a statutory gambling tax, emphasizing its importance for meeting the growing needs of gambling harm prevention, treatment, and research.The National Gambling Helpline reports that it received 55,000 calls in the past year, a record high demand. Ne

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World Gambling Association's new report calls for differential tax rates

World Gambling Association's new report calls for differential tax rates

The World Tote Association has released a new report suggesting that betting should be taxed differently from other forms of gambling. The report states that the racing pools play a crucial role in the sustainability of the sport.The report, authored by Martin Pubrick, is titled "Betting and Horse R

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DraftKings introduces customer surcharge following successful second quarter

DraftKings introduces customer surcharge following successful second quarter

DraftKings announces plans to introduce a surcharge on customer winnings in several US states. The company, having just earned $1 billion in the second quarter with a 26% revenue increase, explains that this decision is due to high tax rates.Passing the Tax Burden to BettorsIn New York, Illinois, Pe

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