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BGC warns that a hike in UK gambling taxes could lead to a boom in the black market: two-thirds of gamblers may turn to illegal platforms.

BGC warns that a hike in UK gambling taxes could lead to a boom in the black market: two-thirds of gamblers may turn to illegal platforms.

The British gambling industry is facing the risk of increased tax burdens. The Betting and Gaming Council (BGC) cited a recent survey indicating that if the government proceeds with plans to uniformly increase the online gambling tax rate, two-thirds of gamblers might abandon licensed platforms and

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Bank Indonesia freezes 7,500 bank accounts linked to online gambling

Bank Indonesia freezes 7,500 bank accounts linked to online gambling

Dominican betting representatives estimate that the tax increase would lead to 75 percent illegality.Dominican Republic.- From the National Association of Sports Betting of the Dominican Republic, they described the Selective Consumption Tax on gambling as "unfeasible", set at 16 percent. Representa

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NY’s Responsible Play Partnership present further prevention measures

NY’s Responsible Play Partnership present further prevention measures

Flutter Entertainment CEO, Peter Jackson, has warned increasing tax may well have a damming impact on the fate of smaller operators and the growth of the black market.Speaking to the Financial Times, Jackson emphasised that the heightening of taxes, which have been touted by a myriad of states, will

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