Wednesday’s Senate Plenary meeting brought mixed results for gambling legislation. Thirty-six senators voted no, while twenty-eight supported urgent processing. Sports betting tax alterations passed quickly despite casino bill delays. Bill PL 2.234/2022 covers casinos, bingo halls, jogo do bicho, and horse race wagering. Standard legislative procedures remain in effect after urgency rejection. Final voting requires […]

Arizona is moving to revoke Underdog’s daily fantasy sports licence, bringing prediction markets back into focus for US regulators. The issue was widely discussed at a four-day gaming conference in Puerto Rico, where lawmakers and regulators met to talk about sports betting and related products. Chris Kotterman from the Arizona governor’s office spoke about the […]

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 […]

Chicago officials are moving forward with plans to tax sports betting operators, even as some Illinois lawmakers try to block cities from setting their own gambling taxes. A revised city budget filed last week still includes a 10.25 percent tax on sportsbook operators within Chicago, keeping the plan in place. The decision comes as the […]

Operators 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. […]