Tag: Taxes
Nevada lawmakers pursue change to Trump’s Big Beautiful Bill
5 December 2025 at 6:50am UTC-5
Federal lawmakers in Nevada are intensifying efforts to reverse a change to gambling taxation included in the One Big Beautiful Bill Act that was passed on July 4.
The bill ...
Brazilian Senate Committee approves tax hike for betting operators and fintechs
4 December 2025 at 6:20am UTC-5
Brazil’s Senate Economic Affairs Commission has approved a bill raising taxes on betting companies and digital finance firms.
The proposal from Senator Renan Calheiros now ...
Prediction markets could threaten Tennessee’s sports betting revenue, official says
1 December 2025 at 7:36am UTC-5
Tennessee officials are warning about the potential effect of prediction markets on the state’s sports betting revenue.
Since Tennessee launched online sports betting, more ...
Illinois sports bets fall after betting tax, but amount wagered hits new high
18 November 2025 at 7:23am UTC-5
The introduction of a new per-wager tax in Illinois has been followed by a sharp decline in the number of sports bets placed, despite the total amount wagered reaching an all-time ...
PAGCOR revenue up 5.8% and net income surges 49%
3 November 2025 at 7:05am UTC-5
Philippine gambling regulator PAGCOR revealed a 49% net income increase from January to September this year, with revenues growing 5.8%.
The agency reported that net income has ...
Brazil’s lower chamber fails to pass latest provisional tax measure
10 October 2025 at 8:07am UTC-4
The Brazilian Chamber of Deputies has withdrawn provisional measure 1,303/2025 which aimed to adjust tax as part of the government’s fiscal strategy for 2026.
Provisional ...
Sri Lankan cabinet backs gambling tax amendments
19 September 2025 at 3:55am UTC-4
Sri Lanka’s Cabinet has approved plans to raise the country’s betting tax, as well as double the casino entry fee for locals, following clearance from the Attorney General ...
Senators reintroduce bill to repeal sportsbook handle tax
15 September 2025 at 10:57am UTC-4
Two US senators are attempting to reverse the federal excise tax on sportsbooks’ handles, mentioning pressure from illegal markets and prediction platforms.
Senators ...
Regulated igaming significant revenue driver in Philippines, PAGCOR says
8 September 2025 at 7:21am UTC-4
Philippines gambling regulator PAGCOR says regulated igaming is one of the country’s biggest revenue generators, but cautions that Filipinos must be wary of illegal sites ...
Philippine government continues to mull stricter online gambling rules
13 August 2025 at 7:58am UTC-4
The Philippine Department of Finance is considering new laws for online gambling, alongside a general tax amnesty program.
Speaking at an EJAP Economic Forum in Manila earlier ...
