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THE government is looking to raise taxes and tighten regulations covering online gambling instead of an outright ban that ...
Right now, the tax on sports betting sits at 13% and the online casino tax rate is 15%. In his budget proposal, Governor Murphy seeks to raise both taxes to 25%.
Finance Secretary Ralph Recto said they are currently studying the imposition of stricter rules as part of the government's ...
President Ferdinand R. Marcos Jr. is supportive of proposals to regulate and possibly tax online gaming platforms, especially ...
ATLANTIC CITY, N.J. — Lawmakers from states where gambling is legal are proposing standards for additional states that are considering allowing internet gambling, including a tax rate of 15% to ...
Consumer Protection Measures Accompanying Tax Proposals. ... Similarly, New York lawmakers have proposed a 31.5% tax rate for online casino gambling, though the measure has yet to pass.
Sen. Catherine Cortez Masto sought unanimous consent for the FAIR BET Act, but Sen. Todd Young objected to the bill.
As lawmakers move to rein in online gambling, one House bill takes it a step further by proposing to slap a 10% tax on ...
Philippine President Ferdinand Marcos Jr. will not oppose proposals to limit and tax online gambling, according to his press ...
The tax increase from 15% for online casinos and 13% for sports betting to a uniform 19.75% comes as the state's online ...