Austria plans to raise sports betting tax

The new tripartite coalition government in Austria, led by Andreas Hanger, Kai Jan Krena, and Karin Doppelbauer, has approved the interim budget for 2025, which includes a significant increase in the Austrian sports betting tax. This move will increase the betting fee from 2% of the betting amount t

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Football betting tax increase leads to a decline in revenue for the Hong Kong Jockey Club

The Hong Kong Jockey Club (HKJC) reported that revenue for the fiscal year ending June 30, 2024, significantly decreased to HK$14.8 billion (US$1.9 billion), a 10.5% drop from the previous year. This decline is mainly attributed to increased football betting taxes and a complex macroeconomic situati

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