The law is creating backlash from the gambling industry and bettors who could owe taxes even if they break even.

A 10-percent tax on online gambling to fund addiction treatment and recovery programs is being sought by Akbayan party-list ...

Legalized online wagering is already hauling in substantial state revenue, but additional taxation will need a uniform, multistate approach that might also take in “gamified” financial trading.

The Philippines’ chief economist, Arsenio Balisacan, has described online gambling as a social issue, saying that it must be ...

The tax increase from 15% for online casinos and 13% for sports betting to a uniform 19.75% comes as the state's online gaming and sports betting industries generated $2.9 billion in revenue in 2024.

Similarly, New York lawmakers have proposed a 31.5% tax rate for online casino gambling, though the measure has yet to pass. Industry Response and Market Dynamics.

The state allows operators to deduct up to a 54% tax on online casino revenue, the highest tax rates in the country. Operators also pay a $10 million license fee.