Taxes

Betfred Warns of Nationwide Closures if UK Gambling Taxes Rise

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, World Casino News, Gaming Industry News, Economy/Finance, European Casino News, Taxation, Sports betting, Online Gambling News, 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...

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

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, World Casino News, Gaming Industry News, Employment & Careers, European Casino News, Horse Racing, Sports betting, Taxation, Online Gambling News, 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...

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

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, World Casino News, Gaming Industry News, Economy/Finance, European Casino News, Taxation, Online Gambling News, 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
Latvia, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, 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...

Delta Corp Halts Integrated Resort-Casino Project in Goa Amid GST Concerns

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, Casino News, Casino project updates, Gaming Industry News, Economy/Finance, India, Taxes, Financial Press Releases
Delta Corp, a prominent Mumbai-based gaming and hospitality firm, has announced a temporary halt on its ambitious Rs 2,000-2,500 crore integrated resort-cum-casino township in Goa, India. The decision stems fro...

Caesars to Introduce 25-Cent Per-Bet Fee for Illinois Online Sportsbook

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Online Gambling News, Sports betting, Taxation, Illinois, Taxes
Caesars Sportsbook will soon be adding an extra charge for Illinois bettors. Beginning September 1, the operator will implement a 25-cent fee on every online wager placed in the state, a direct response to Illi...

Flutter Surpasses Q2 Earnings Targets, Lifts 2025 Outlook

Johnny K.
Latest Casino and Gambling News, U.S.A., North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Taxation, Taxes, Financial Press Releases
Flutter Entertainment, the global leader in online sports betting and iGaming, posted second-quarter 2025 results that comfortably outpaced analyst projections, propelled by strong performances in both the U.S....

Netherlands Gambling Tax Increase Fails to Meet Revenue Goals, Sparks Unintended Consequences

Vanja Mitic
Gaming Law & Legislation, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News, Taxation, Taxes, Netherlands
The Netherlands’ recent hike in gambling tax, from 30.5% to 34.2%, has failed to achieve the government’s intended goal of increasing tax revenues. Despite the higher tax rate, the first half of 2025 saw a sign...