Greece Targets GVC with €187M Back-Tax Demand Go back to Blog GVC Holdings’ ongoing move toward becoming a complete “white label” operation have hit a moderately expensive bump: Greece has targeted the firm with a €187 million back-tax demand for services…
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RGA Chides Portugal Over Market-Killing Licensing Regime, Tax Rates Go back to Blog The Remote Gambling Association (RGA), which represents 30 prominent international online gambling firms, has issued a call for Portugal to review its taxation and licensing regime for…
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European Commission Okays Central Funding Levy System for UK Horseracing Go back to Blog The European Commission, part of the European Union, has approved the United Kingdom’s move to extend its Horserace Betting Levy to apply to offshore gambling operators,…
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Sports Books Continue Exodus from Poland Market Go back to Blog Poland’s move to inplement a hefty new tax on online sports betting, which takes effect on April 1st, continues to actually do what many industry watchers feel is the new…
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Ladbrokes Takes £71M Hit After Losing Appeal in UK Tax Case Go back to Blog Ladbrokes Coral has found itself officially £71 million poorer in recent days after losing an appellate ruling from the Upper Tribunal of the Tax and Chancery…
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UK Announces Revised Bookmaker Levy on Horseracing Profits Go back to Blog The United Kingdom’s Department for Culture, Media and Sport announced today a revised levy system aimed at restructuring and increasing the amount of money returned to British horseracing interests…
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Italy’s Sports Betting Services Look for Switch from Turnover to GGR Taxation Scheme Go back to Blog Changes to Italy’s gambling-related tax codes occurring within the context of the country’s ongoing budget negotiations promise the possible end to the country’s…
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Ladbrokes Slapped with £54M Tax Avoidance Penalty Go back to Blog Her Majesty’s Revenue and Customs (HMRC) announced today that a court tribunal had ruled in favor a £54 million tax-avoidance penalty assessed against London-based bookmaking giant Ladbrokes PLC. The tribunal’s…
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New Irish Online Gambling Tax to be Signed Into Law Go back to Blog A long-debated tax on international online-gambling services who offer their services to Irish punters is set to become law, according to a statement from Ireland’s finance…
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