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Tax

Latest Tax News


UK Gambling Tax Increase Raises Fears of Illegal Betting Surge Ahead of 2026 World Cup
The UK government’s move to raise gambling taxes is expected to significantly alter the competitive landscape of the betting industry, with licensed operators cautioning that the policy could accelerate the expansion of illegal betting markets in the lead-up to the 2026 World Cup. Writing in The Telegraph, Stella David warned that increasing the remote gaming duty to 40 percent could push regulated operators to the fringes of the market at a critical moment, as unlicensed
Apr 212 min read


Uganda Proposes Unified 30% Gaming Tax and New 15% Levy on Player Winnings
Uganda’s government is moving forward with plans to overhaul its gambling tax framework, with proposals that would standardize operator taxes and introduce a new levy on player winnings. The initiative comes through a bill submitted on 31 March by Finance, Planning and Economic Development Minister Matia Kasaija, aimed at amending the country’s Lotteries and Gaming Act. Under the current legal framework—originally enacted in 2016 and most recently updated in 2023—gaming o
Apr 172 min read


Brazil’s Betting Boom Faces Mounting Pressure as Tax Reform Threatens Legal Market Stability
Brazil’s regulated fixed-odds betting market has entered its second year with strong momentum, building on the solid foundation established in 2025. The sector now boasts 83 licensed operators, approximately 29.4 million active users, and an impressive R$37 billion directed into public revenues. Despite these encouraging figures, fresh analysis has introduced a note of caution regarding the market’s long-term sustainability. A new report by LCA Consultoria, commissioned by th
Apr 33 min read


Lagos Introduces 5% Withholding Tax on Online Betting Winnings
The Lagos State Lotteries and Gaming Authority (LSLGA) has rolled out a new five percent withholding tax on the net winnings of online bettors, with immediate effect. The announcement was made on Thursday by the agency’s Chief Executive Officer, Bashir Are, who confirmed that the tax will be deducted at source across all gaming platforms licensed by Lagos State. This applies regardless of whether the player resides within the state or outside it. According to a public not
Mar 263 min read


South Africa’s Proposed Online Gambling Tax Sparks Industry Backlash Over Potential 39% Effective Rate
South Africa’s gambling sector could soon face one of the highest tax burdens in the world if the government proceeds with a proposal to introduce a 20% national levy on gross gambling revenue (GGR) from online betting. While officials argue that the measure is intended to address the growing social impact of online gambling, industry stakeholders contend that the policy amounts to a revenue grab that will disproportionately penalize licensed operators without delivering ta
Mar 136 min read


Brazil’s Chamber of Deputies Removes CIDE-Bets Deposit Tax from Antifaction Bill Before Final Approval
Licensed betting operators in Brazil have avoided the introduction of a 15% tax on player deposits after the Chamber of Deputies voted to strip the provision from the Antifaction Bill prior to its approval on Tuesday. The proposal, known as CIDE-Bets, had originally been included in the bill passed by the Senate plenary in December. At that stage, the legislation not only sought to strengthen penalties against criminal organisations but also introduced a 15% levy on deposits
Feb 273 min read


Lagos Introduces 5% Withholding Tax on Online Betting Winnings Amid Broader Push for Gaming Sector Compliance
The Lagos State Lotteries and Gaming Authority (LSLGA) has implemented a five percent withholding tax on the net winnings of online bettors, a measure that takes immediate effect across the state’s regulated gaming market. The announcement was made on Thursday by LSLGA Chief Executive Officer Bashir Are, who confirmed that the deduction will apply to all gaming platforms licensed in Lagos, regardless of whether the player resides in the state. According to the public notice i
Feb 243 min read


Estonia Moves Swiftly to Close iGaming Tax Gap After Legislative Oversight
Estonia has acted quickly to correct a legislative error that inadvertently exempted online gambling operators from taxation, following the discovery of a drafting mistake in recent amendments to the country’s Gambling Tax Act. In December, the Riigikogu (Parliament) approved changes to the Gambling Tax Act introduced by Eesti 200 MP Tanel Tein. However, an oversight in the wording of the amendments resulted in remote gaming activities being excluded from the updated legisl
Feb 162 min read
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