The Philippines' Department of Finance is brewing stricter regulatory policies for the online gambling industry and plans to significantly increase the current 25% licensing fee to up to 40%. This move aims to increase fiscal revenue while responding to the recent severe warning from the Department
Philippine Finance Minister Recto recently revealed that the government is considering imposing an additional 10% tax on online gambling operators, which is expected to increase the national treasury by about 20 billion pesos annually. However, this proposal has raised widespread concerns within the
The Brazilian government has recently introduced a temporary tax reform measure, proposing to raise the gambling tax rate from 12% to 18%. Together with income tax and local taxes, the overall tax burden for operators could approach 50%. This move has sparked strong backlash from the industry, with
The total revenue from gambling in France is steadily increasing, and FDJ's acquisition of Kindred has provided a more competitive environment for players. However, the upcoming tax increases and the lack of development in online gambling are suppressing this growth. So, what is hindering the market
LiveScore Group has confirmed the withdrawal of its LiveScore Bet brand from the Netherlands, with operations set to formally cease on November 29. The decision follows a planned government tax increase, which is set to rise by almost a quarter from 30.5% to 37.8% of GGR. The relinquishment of LiveS
LiveScore Group is shuttering gaming operations in the Netherlands as changes to the country’s regulatory framework continues to ratchet up the pressure on licensees, the company announced today (12 November).Plans to increase the tax rate for Netherlands igaming operators proved to be breaking poin
According to forecasts, the tax would rise by 22.7 percent next year.Spain.- The Community of Madrid presented the budgets for 2025, where an increase in the tax on gaming activities was recorded. According to forecasts for next year, the gaming tax will be EUR$27m, an increase of 22.7 percent compa
In a bold move, the Netherlands government has outlined its 2025 budget proposal, which includes a staggered increase in gambling taxes aimed at bolstering the national treasury. Under the new tax plan, the Ministry of Finance will raise the tax rate on gambling winnings from the current 30.5% to 34
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