Tag Archives: betting tax
- Aussie pol wants tax on betting turnover; pokies lobby, AGA team on anti-online fight
November 5, 2015
An Australian politician wants to impose a tax on sports betting turnover and use the banking system to prevent Australians from wagering with international online gambling sites. Bridget McKenzie, a National party senator from the state of Victoria, wants the federal government’s ongoing review of its taxation system to include...
- Bulgaria approves threefold reduction in online gambling tax
December 5, 2013
Bulgaria’s parliament has voted to amend the country’s Gambling Act to decrease its onerous online gambling tax rate to a level that might actually encourage operators to apply for state-issued licenses. The country had instituted a 15% tax on online betting turnover that operators complained made profitability an impossible dream....
- Japanese court rules bettor’s losing wagers are legitimate business expense
May 24, 2013
Gamblers in Japan are still awaiting the country’s long promised casino legislation, which seems to be encased in the same block of ice from which Godzilla emerged. But gamblers continue to seek out alternatives, such as the illegal online gambling operation Tokyo Metropolitan Police shut down this week. Officers said...
- Irish tax scheme would have punters pay 2% on horse winnings
September 24, 2010
We'll say this for those killjoys in Ireland’s Dept. of Finance... They sure know how to ruin a perfectly good Arthur’s Day. Seems Ireland is mulling a proposal to collect 2% of horse bettors’ winnings as part of their betting tax revamp expected in December. Paddy Power and Boylesports, who...
- Why bookies are telebetting abroad: a quick guide
July 27, 2010
After William Hill became the latest operator to decide that calls abroad are not such a bad idea, you might be wondering why it is exactly that Blighty's bookies all packing their bags and taking their telebetting operations to a grim patch of scrubland inhabited by monkeys Gibraltar? Here's a...
- Paddy Power calls for higher betting tax increase
June 2, 2010
You don't often see turkeys voting for Christmas, but in Ireland bookmaker Paddy Power has offered its suggestions as to how to plug the funding gap for Irish racing, by backing an increase in tax on on-course, internet and tote betting, and on stallion fees. This is a marked U-turn...