Tag: Taxes

Illegal offshore operators comprise 15% of Australian market, Sportsbet Chief Executive says

13 March 2025 at 7:08am UTC-4
Illegal offshore operators now comprise 15% of Australia’s online sports betting market. The figure, which is growing, highlights one of the key challenges licensed operators ...

New Jersey tax proposal draws analysis and ire

27 February 2025 at 12:26pm UTC-5
While the next New Jersey state budget for 2026 is not a done deal, J.P. Morgan analyst Joseph Greff wrote in a 27 February investor note, there is a higher probability this year ...

Flutter braces for New Jersey tax impact

26 February 2025 at 8:14am UTC-5
Jefferies Equity Research analyst James Wheatcroft has predicted Flutter could take a significant hit from New Jersey’s proposed increase in igaming and sports betting tax ...

Opposition group says igaming could cost the US $1 trillion by 2028

14 February 2025 at 6:33am UTC-5
The National Association Against iGaming released the results of a study from Innovation Group showing land-based casino revenue dropped by 16% after the legalization of igaming ...

New York senator introduces third online casino bill in three years

24 January 2025 at 6:41am UTC-5
New York State Sen. Joseph Addabbo has again proposed an igaming bill to bring online casinos to New York. This is the third attempt at online casino legislation in as many ...

Analyst: Maryland tax hikes would “rattle online sports betting sector”

15 January 2025 at 4:13pm UTC-5
Maryland Gov. Wes Moore (D) sent a jolt through Wall Street today when he proposed steep tax hikes on gambling in the Free State. Taxation of online sports betting revenues would ...