The Rise of the Philippine iGaming Industry: Dual Drive of Technological Advancements and Policy Support

Online Gambling in the PhilippinesThe Philippines has become a significant force in the global iGaming industry, solidifying its reputation as a major player in the Asia-Pacific region. Driven by technological advancements, shifts in consumer behavior, and strong government support, the industry ha

29like·0comment03-23

World Gambling Association's new report calls for differential tax rates

The World Tote Association has released a new report suggesting that betting should be taxed differently from other forms of gambling. The report states that the racing pools play a crucial role in the sustainability of the sport.The report, authored by Martin Pubrick, is titled "Betting and Horse R

0like·0comment2024-08-29

Montenegro's Ministry of Finance proposes taxing gambling winnings

The Ministry of Finance of Montenegro has proposed a 15% tax on winnings from gambling, a move that presents another new challenge to the industry. The Ministry states that it is unreasonable to exclude gambling winnings from taxation.This proposal would amend provisions related to personal income t

0like·0comment2024-08-23

A 2% gambling tax on income may deter Australian gambling advertisements.

The Australia Institute proposes a 2% tax on gambling operators' revenue to compensate for the potential loss of AUD 240 million that advertising companies would face under a complete advertising ban.Earlier this month, the Australian government pushed forward its plan to set a cap on gambling adver

0like·0comment2024-08-21

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