Tax

British gambling group Evoke said on Tuesday that its full-year 2025 revenue is expected to fall short of market expectations and declined to issue any guidance for 2026, pointing to an ongoing strategic review that could ultimately lead to a sale of the business. The update rattled investors, sending the company’s shares down by as much as 12% during the trading session. The owner of William Hill and 888 said it now expects revenue for 2025 to be about £1.79 billion ($2.47 b

South Africa’s National Treasury has extended the deadline for public submissions on its proposal to introduce a 20% national tax on online and interactive gambling revenue, granting stakeholders an additional month to comment before Finance Minister Enoch Godongwana presents the 2026 Budget.   The move follows requests from interested parties for more time to assess and respond to the proposal.   Treasury initially invited public comment after releasing a draft discussion pa

Australian regulators and tax authorities have kicked off 2026 with a renewed focus on companies and individuals that have failed to meet their tax obligations, signalling a tougher enforcement approach against unpaid tax debts. The Australian Taxation Office (ATO), alongside the corporate watchdog Australian Securities and Investments Commission (ASIC), has begun taking action against people responsible for managing corporations that have neglected to pay tax liabilities in

The Colombian government has revised its taxation strategy for the online gambling sector, replacing the 19% value-added tax previously applied to player deposits with a levy based on gross gaming revenue. The updated framework came into force on January 1, redirecting the tax burden toward the actual income earned by operators rather than the total amount of money deposited by customers. The deposit-based 19% VAT was first introduced in February 2025 as a temporary response

The National Treasury of South Africa is preparing to introduce a new tax targeting online gambling, a move that would see gambling operators pay an additional 20% on the revenue they generate from online betting activities. As part of the consultation process, the Treasury has extended the deadline for public submissions on the proposal, shifting it from 30 January to 27 February 2026 to allow for broader engagement and feedback. The department has described the proposed lev

The European Parliament is preparing to suspend the ratification of the US trade deal agreed in July, according to sources close to its committee on international trade. The announcement is expected to be made on Wednesday in Strasbourg, France, marking a significant escalation in tensions between the US and Europe. The move comes as Donald Trump intensifies his efforts to acquire Greenland, prompting threats of new US tariffs over the issue during the weekend. The standoff h

The European Union is preparing a sweeping package of retaliatory measures against the United States, including tariffs worth up to €93 billion ($107.71 billion), in response to threats by US President Donald Trump to annex Greenland, according to a Financial Times report published on Sunday evening.   Brussels is also examining the possibility of limiting access for US companies to the European market as part of a broader response. The measures were discussed during a meetin

The Colombian government has revamped its approach to taxing online gambling, moving the 19% value-added tax from player deposits to gross gaming revenue (GGR). The new policy, which came into effect on January 1, focuses on the actual revenue generated by operators rather than taxing all funds deposited by players. The deposit-based 19% VAT was initially introduced in February 2025 as a temporary measure amid internal unrest. Throughout 2025, this tax structure faced widespr