Taxes

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

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

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

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

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

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

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

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...

Republicans Block Repeal of Gambling Deduction Cap, Nevada Lawmakers Push Back

Efforts to undo a newly enacted tax provision affecting gambling losses came to a halt in the U.S. Senate on Thursday, as Republican lawmakers blocked a measure led by Nevada Democrat Sen. Catherine Cortez Mast...

Nevada Congresswoman Pushes Back on Gambling Loss Cap with FAIR BET Act

Nevada Representative Dina Titus is taking a firm stand against a controversial new tax change impacting gamblers across the country. On Monday, she introduced the Fair Accounting for Income Realized from Betti...