A Singapore-based accountant who embezzled more than S$41 million (approx. $30.2 million) over a ten-year period to fuel his excessive gambling habit was sentenced to 25 years and 10 months…
EGBA calls for a flat tax rate based on gross gambling revenue as the popularity of the unregulated market grows among Portuguese gamblers The European Gaming and Betting Association (EGBA)…
Portugal’s heavy gambling tax to finally be reviewed by the government as the local regulated market faces channelization issues The government of Portugal has tasked a working group with analyzing…
The government of Sri Lanka raises casino license fees, introduces turnover tax and casino entry as part of new budget Sri Lanka’s operational casinos will have to pay higher annual…
The High Court of Kuala Lumpur set a hearing date for Genting’s application for a judicial review of its tax incentives agreement with the Finance Ministry The Kuala Lumpur High…
EGBA urges Netherlands to re-organize online gambling market as millions of Dutch gamblers are at risk, forced to gamble on unregulated websites The Dutch Senate is set to finally consider…
The major casino company is appealing a tax incentives decision of the Ministry of Finance concerning its Resorts World Genting redevelopment plan Casino operator Genting Malaysia Berhad has been granted…
Romania has moved ahead with a new 2% turnover tax on online gambling operators to fund social welfare program Romania-licensed online gambling companies woke up on New Year’s Day to…
Italy is ringing in the new year with fireworks, higher gambling taxes, and a fresh new blanket ban on gambling advertising Italy is set to impose higher gambling taxes next…
Proposed new gambling tax rates aggravate Italian casino, betting sectors’ malaise from upcoming implementation of blanket ban on gambling ads Italy’s government has stricken the nation’s gambling industry once again…
Genting Malaysia to review marketing expenditure ahead of the introduction of a higher casino tax Genting Malaysia Bhd is moving to assess the full implications of the recently introduced increase…
New government considers casino tax hike economy grapples with financial scandals and growing budget deficit Malaysia is aiming to mend its scandal-stricken economy and tackle a widening budget gap with…
Japanese gamblers tend to avoid declaring big winnings, Board of Audit report finds Around 80% of all gambling winnings of JPY10 million (approximately $88,500) or over from a single bet…
US governments on all levels, federal, state and local, received $40.8 billion in tax revenues from the rapidly growing gambling industry in 2017. The sector contributed $261 billion to the…
The tax on gambling remains a hot issue for Kenyan politicians as President Uhuru Kenyatta rejected the Finance Bill 2018 and proposed to cut the tax from 35% to 15%.…
Several international gaming giants are apparently eying the ambitious €8 billion Hellinikon casino project, intended to become the first integrated casino resort in Europe. The gambling sector is expected to…
Sports betting companies were the most popular search terms on Google in August, according to data recently released by the major search engine. ‘Sportpesa’, ‘betpawa’, ‘betika’, ‘betin’, ‘forebet’ were found…
Kenyan lawmakers may finally agree to reduce the 35% tax on betting and gaming that took effect early this year to 15% as the nation’s gambling industry is growing restless…
Australia-listed boutique casino operator Silver Heritage Group Ltd. today announced that it has completed the purchase of a portion of land in Jhapa, East Nepal where it plans to build…
Belarusian lawmakers do not expect any significant boom in the number of licensed online casinos, following the recent approval of a decree that legalized that type of activity in the…
Republic of Ireland’s crackdown on unlicensed gambling machines has brought an additional of €1 million in tax contributions, Revenue has said in comments on the progress of a nationwide project…
Albanian President Ilir Meta vetoed earlier this week a bill calling for the introduction of significantly lower gambling taxes, local news outlet Tirana Times reports. The legislative piece was approved…
The owner of Royal International Gaming Club in Ha Long, Vietnam has received a $15,000 fine after being found to have provided faulty reports of value added tax and using…
Gibraltar is rolling out a new gambling tax and new annual licensing fees for gambling companies to “complement a constantly changing industry landscape”, Minister for Financial Services and Gaming Albert…
A poster child of the Las Vegas Great Recession crash and burn, the unfinished Fontainebleau casino resort is now expected to bring life to an underdeveloped but what investors consider…
The Latvian government decided to bring the so-called “sin taxes” system back from retirement to fund its State Culture Capital Foundation. Gambling, alcohol, and tobacco will thus be taxed at…
Queensland will be the third Australian state to implement a point of consumption tax on betting revenue after South Australia and Victoria announced similar moves earlier this year. The state’s…
The government of the Australian Capital Territory confirmed Tuesday the implementation of a 15% point of consumption tax on online betting services. The new taxation regime is set to come…
Jindrich Voboril, the national drug coordinator of the Czech Republic, revealed that a total of 39.8 billion Czech crowns were spent by local citizens on gambling last year. The figure…
It has been a little over three years now since Portugal adopted its new gambling law, obligating interested remote gambling operators to obtain a license from the local regulator Serviço…