Swedish gambling companies sent a letter to the finance ministry yesterday. The letter opposes different tax rates for different gambling types. December 15 marked the publication date of this important document. Thirteen chief executives signed the letter together. Entain, Betsson, and LeoVegas leaders joined the opposition group. ATG wants to lower the horse racing tax […]
Colombia Says No to Making 19% Gambling VAT Permanent
December 19, 2025Operators in Colombia waited nearly a year for this decision. The 19% VAT measure will end in just a few days. The Colombian Congress voted down the Financing Law yesterday. The law would have kept the 19% value-added tax on gambling forever. Last Tuesday brought defeat for the financing bill in the Senate’s Fourth Committee. […]
Brazil Delays Gambling Deposit Tax Vote Until 2026
December 19, 2025Politicians in Brazil gave betting companies breathing room this week. The controversial CIDE-Bets measure vote got pushed to 2026. Lawmakers postponed voting on the Antifaction Bill during Monday’s meeting. This bill contains a 15% tax on gambling deposits in Brazil. The delay affects PL 5,582/2025 legislation completely. Government and opposition parties both supported this postponement […]
Tax Authorities Announce New Rules for Casino Winnings
December 19, 2025America’s tax agency made an announcement yesterday. The reporting limit for gambling prizes will jump to $2,000 in January 2026. This decision ends the confusion that lasted several months. Congress passed the One Big Beautiful Bill Act of 2025 (OBBB) earlier. The law changed old reporting standards. Tax officials stayed silent until this week. A […]
Nevada Regulators Conduct Workshop on Gaming Industry Updates
December 19, 2025State officials want to modernise Nevada’s gaming regulations. Industry changes demand new approaches. Gaming Control Board members met Tuesday for several hours. Participants discussed rules covering multiple gaming industry sections. Board members completed their third workshop this month. Nevada seeks to update and simplify its regulatory framework. Industry representatives complained for years about Nevada’s outdated […]
DraftKings and FanDuel Keep Their Licenses Safe, Analysts Report
December 19, 2025DraftKings and FanDuel will keep their licenses in Arizona. Citizens analysts believe Arizona’s action against Underdog won’t affect them. The state removed Underdog’s fantasy sports license because of its connection to Crypto.com. Both companies chose the safest path to avoid problems with the states. They plan to start their own prediction market platforms soon. A […]
New York Gives Green Light for Three Downstate Casinos
December 17, 2025New York State finished its downstate casino licensing process after many years. Three big projects received approval to change the region’s gambling and entertainment scene. Bally’s Bronx, Metropolitan Park, and Resorts World New York City got licenses from the New York State Gaming Commission. Construction can start now, after more than ten years of political, […]
Finland’s Parliament Votes Against Online Gambling Bill Changes
December 17, 2025The Finnish parliament rejected all opposition party amendments with an overwhelming majority this week. Major amendments to Finland’s new online gambling legislation got voted down, while minor changes remain possible. Opposition parties submitted several proposed changes to parliament last week for consideration. The Administrative Committee has already read and amended the bill during its parliamentary […]
India’s Financial Crime Agency Seized $14.1 Million in The Probo Betting Investigation
December 17, 2025India’s Enforcement Directorate froze ₹117.41 crore ($14.1 million) from online prediction platform Probo. The law enforcement agency targeted Probo Media Technologies Pvt. Ltd. and the director’s family members’ properties. Officials claim the platform ran gambling operations disguised as skill-based gaming. Properties Frozen Under the Money Laundering Law Gurugram Zonal Office executed the attachment on December […]
Aftershock: UK Tax Hike transforms Gibraltar’s iGaming Economy
December 17, 2025Gaming powerhouse prepares for layoffs, consolidation and diversification after UK gambling tax hike announcement. The UK chancellor announced a gambling tax hike in late November. Remote Gaming Duty rises from 21% to 40% by April 2026. Online betting increases from 15% to 25% by 2027. Gibraltar felt the impact immediately. The online gaming sector generates […]
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