According to Rwanda's "New Times", the country's gambling industry is about to undergo a significant tax reform. Starting from September 1, the government will increase the tax rate on the total revenue (GGR) of the gambling industry from the current 13% to 40%, while completely abolishing the corpo
The recent proposal for adjustments to the UK gambling tax has become a hot topic of discussion. The Treasury has proposed consolidating various online gambling tax rates into a single Remote Betting and Gaming Duty (RBGD), sparking widespread reactions from the industry and political circles. A rad
On July 7, 2025, the Presidential Palace of the Philippines held a press conference to respond to the government's recent policy focus. Among them, the policy signal on taxing online gambling has attracted widespread attention.Vice Presidential Spokesperson Claire Castro stated that President Marcos
Saint Kitts and Nevis is a dual-island nation in the Caribbean region that has become a hotspot for global gaming operators in recent years due to its flexible gaming regulatory system and favorable tax policies.The country established a legal framework for lawful gaming activities through the Gamin
The Directorate General of Goods and Services Tax Intelligence (DGGI) stated in the Supreme Court that activities involved in online gaming platforms are equivalent to gambling, and the money invested by players on the platform should be subject to a 28% Goods and Services Tax (GST).Deputy Attorney
The Isle of Man, as one of the world's leading online gambling regulatory jurisdictions, attracts many high-end gambling operators with its strict compliance standards, tax incentives, and international recognition.1. Overview of Isle of Man Gambling LicensesThe Isle of Man, located in the Irish Sea
Maryland Gov. Wes Moore and key members of the state legislature appear to have struck a budget deal that includes a lower tax hike for online sportsbooks than was originally envisioned.The budget proposal Moore unveiled in January contained a doubling of the state’s tax rate for Maryland sports bet
Atlantic County Executive Dennis Levinson is pushing back on a state senator’s support for continuing a casino payment-in-lieu-of-taxes program indefinitely.“Why you have chosen to pursue a PILOT in perpetuity is baffling,” Levinson wrote to state Sen. Vince Polistina in a Tuesday letter. “I strongl
Deutsche Bank rated the prospects as low for igaming and online sports betting expansion in 2025, but talked up revenue growth for both in 2024.“A summary of our discussions on digital gaming, at times, resembles something like this: Revenue is going to grow and adjusted EBITDA margins are going to
Legislative efforts to adjust Michigan’s gambling tax structure have officially ended as of January 1, with Senate Bills 1193 and 1194 failing to progress before the close of 2024. The bills, introduced by Senators Sam Singh and Jeremy Moss, sought modest tax increases on sports betting and online c
The federal government recently decided to exclude gambling companies from the R&D tax incentive program, which has alarmed the entire industry.Critics argue that this move could harm innovation, investment, and job opportunities in Australia, while shifting opportunities overseas.The R&D tax incent
Red Rock Resorts and Culinary Workers Union Local 226, which have been engaged in a decades-long feud, found common ground over presidential campaign pledges that would remove taxes on tipped wages.The locals casino operator and the state’s largest labor organization agree it would benefit Las Vegas
The UK gambling industry found temporary relief in Chancellor Rachel Reeves’ autumn budget, as previously speculated tax increases on the sector were notably absent. The budget, marking the Labour government’s first in nearly 15 years, introduced a sweeping £40 billion ($51.5 billion) tax increase a
Flutter Entertainment CEO, Peter Jackson, has warned increasing tax may well have a damming impact on the fate of smaller operators and the growth of the black market.Speaking to the Financial Times, Jackson emphasised that the heightening of taxes, which have been touted by a myriad of states, will
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