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Sports betting drives record online gambling revenue in Portugal for the fourth quarter

Sports betting drives record online gambling revenue in Portugal for the fourth quarter

Driven by significant growth in the sports betting market, Portugal's online gambling total revenue reached a record €323 million (£271.5 million/$352.2 million) in the fourth quarter.The total for the fourth quarter (three months ending December 31, 2024) grew by 42% compared to the previous year.

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What are the new guidelines on taxation of betting gains in Brazil?

What are the new guidelines on taxation of betting gains in Brazil?

The Federal Revenue Service revealed how to declare earnings and various tax obligations.Brazil.- The Federal Revenue Secretariat of Brazil (Receita Federal) published a document on consultations related to the taxation of earnings obtained from betting in Brazil. The data explain how, among other a

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The Finnish Social Insurance Institution, Kela, will review the net proceeds related to Finnish gambling and social assistance.

The Finnish Social Insurance Institution, Kela, will review the net proceeds related to Finnish gambling and social assistance.

The Finnish social insurance institution Kela has announced the latest updates regarding gambling winnings and social assistance. According to the new guidelines, Kela will consider net profits when determining the amount of social assistance, rather than just gambling winnings as was the case with

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