Taxation | World Casino News

UK Betting Shops Could See Mass Closures with Predicted Tax Hikes

November 3, 2025

Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Finland, Online Gambling News, Sports betting, Taxation, Taxes, United Kingdom

The UK betting industry could see a major shake-up with tax hikes predicted in remote betting and gaming. Some betting shops have already been closed recently, with bosses threatening that many more could soon ...

UK Gambling Tax Proposals Spark Alarms Over Jobs and Market Risks

Vanja Mitic

October 27, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Taxation, Taxes, United Kingdom

The UK betting and gaming industry faces mounting concern as new research warns that proposed gambling tax hikes could severely damage employment, economic growth, and consumer safety. The analysis, conducted b...

Betfred Warns of Nationwide Closures if UK Gambling Taxes Rise

Johnny K.

October 21, 2025

Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, World Casino News, Gaming Industry News, Economy/Finance, European Casino News, Taxation, Online Gambling News, Sports betting, Taxes, United Kingdom

Betfred has cautioned that its entire network of UK betting shops could vanish if Chancellor Rachel Reeves proceeds with a plan to increase gambling taxes. The bookmaker’s chairman and co-founder, Fred Done, sa...

Chicago Proposes 10.25% Sports Betting Tax for 2026 Budget

Vanja Mitic

October 20, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Taxation, Sports betting, Illinois, Taxes

Chicago Mayor Brandon Johnson has proposed a 10.25% local tax on adjusted gross sports betting revenue as part of his 2026 city budget. The new measure aims to generate approximately $26 million annually and he...

Evoke May Shut Up to 200 Betting Shops Amid UK Tax Hike Fears

Johnny K.

October 14, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, European Casino News, Employment & Careers, Horse Racing, Online Gambling News, Sports betting, Taxation, Taxes, United Kingdom

Evoke plc, the parent company of bookmaker William Hill, is reportedly preparing to close a significant portion of its UK betting shop network as the government considers steep gambling tax hikes in the upcomin...

Brazil Shelves Retroactive Betting Tax Proposal Amid Fiscal Debate

Johnny K.

October 10, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Brazil, Central & South America Gaming, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation

Brazil’s Chamber of Deputies has removed Provisional Measure (PM) 1,303/2025 from its legislative agenda, ending a controversial push to levy retroactive taxes on gambling operators. The measure, which had been...

Latvia Gambling Tax Rise Sparks Industry Concerns Over Closures

Vanja Mitic

October 9, 2025

Latvia, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Taxation, Taxes

The Latvian government’s decision to accelerate planned gambling tax increases by one year has drawn sharp criticism from the country’s leading gaming association. Operators warn that the new rates, set to take...

Entain’s CEO Highlights Risk of Shop Closures Amid Potential Tax Hikes

Vanja Mitic

October 6, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Taxation, Financial Press Releases, United Kingdom

Entain’s CEO, Stella David, has issued a stark warning about the impact that rising gambling taxes could have on the company’s UK operations. In her first interview since being appointed permanent CEO in April,...

Estonia’s Gambling Tax Cut Bill: Aiming for Foreign Investment and Sports Funding

Vanja Mitic

October 2, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Estonia, Taxation, Taxes

Estonia’s governing coalition, led by Prime Minister Kristen Michal, has introduced a bill proposing significant reductions in the country’s gambling tax rates, with a primary goal of attracting foreign investm...

United Kingdom: Labour MPs Push for Higher Gambling Taxes to End Two-Child Benefit Cap

Johnny K.

September 26, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, European Casino News, Online Gambling News, Taxation, Taxes, United Kingdom

Rachel Reeves, United Kingdom's Chancellor of the Exchequer, is facing mounting pressure from her own backbenches as more than 100 Labour MPs demand that gambling companies pay higher taxes to help finance the ...

Latvia’s Gambling Tax Overhaul: Increased Levies and Regulatory Shake-Up in 2026

Vanja Mitic

September 24, 2025

Latvia, Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News, Taxation, Taxes

Latvia has revealed a substantial restructuring of its gambling sector as part of the 2026 state budget, which includes sharp tax increases and the integration of gambling oversight into the country’s tax admin...

Sri Lanka Increases Gaming Levy and Casino Entry Fees in 2025

Vanja Mitic

September 18, 2025

Gaming Law & Legislation, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Taxation, Sri Lanka

Sri Lanka has introduced significant modifications to its betting and gaming regulations, marking a pivotal moment in the country's fiscal and regulatory landscape. The Cabinet has approved the 2025 budget prop...

Macau Gaming Tax Revenue Hits MOP$8.5 Billion in August, Sets Post-Pandemic Record

Johnny K.

September 13, 2025

Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Taxation

Macau’s gaming sector delivered another milestone in August, with government tax revenue from casinos reaching nearly MOP$8.5 billion (US$1.06 billion). The figure represents the highest monthly tally since the...

Mexico’s 2026 Economic Package Includes Drastic Increase in Gambling Taxes

Vanja Mitic

September 11, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Mexico, Taxation, Taxes

In a bold move, Mexico’s 2026 Economic Package has proposed a substantial tax hike on gambling, targeting both land-based and online operators. The current tax rate, set at 30%, could surge to 50%, placing Mexi...

Dina Titus Pushes to Attach FAIR BET Act to NDAA 2026 to Reinstate Full Gambling Loss Deduction

Vanja Mitic

August 28, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Taxation, Online Gambling News, Financial Press Releases, Nevada

Nevada Rep. Dina Titus is intensifying efforts to reverse a controversial tax change impacting gamblers across the United States. On Wednesday, August 27, the co-chair of the Congressional Gaming Caucus announc...

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UK Betting Shops Could See Mass Closures with Predicted Tax Hikes

UK Gambling Tax Proposals Spark Alarms Over Jobs and Market Risks

Betfred Warns of Nationwide Closures if UK Gambling Taxes Rise

Chicago Proposes 10.25% Sports Betting Tax for 2026 Budget

Evoke May Shut Up to 200 Betting Shops Amid UK Tax Hike Fears

Brazil Shelves Retroactive Betting Tax Proposal Amid Fiscal Debate

Latvia Gambling Tax Rise Sparks Industry Concerns Over Closures

Entain’s CEO Highlights Risk of Shop Closures Amid Potential Tax Hikes

Estonia’s Gambling Tax Cut Bill: Aiming for Foreign Investment and Sports Funding

United Kingdom: Labour MPs Push for Higher Gambling Taxes to End Two-Child Benefit Cap

Latvia’s Gambling Tax Overhaul: Increased Levies and Regulatory Shake-Up in 2026

Sri Lanka Increases Gaming Levy and Casino Entry Fees in 2025

Macau Gaming Tax Revenue Hits MOP$8.5 Billion in August, Sets Post-Pandemic Record

Mexico’s 2026 Economic Package Includes Drastic Increase in Gambling Taxes

Dina Titus Pushes to Attach FAIR BET Act to NDAA 2026 to Reinstate Full Gambling Loss Deduction

Playtech’s £500K Bonus Plan for Black Cube Exposed in Legal Filings

Novomatic Extends Offer to Acquire Remaining Ainsworth Shares

Michigan Gaming Board Responds to NBA Betting Scandal with Stronger Oversight

UFC Cuts Isaac Dulgarian as Nevada Commission Probes Betting Irregularities

Google Redefines Sweepstakes Casinos, Tightens Ad Rules