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Swedish operator ATG's revenue fell by 5% in the first half of the year, with an increase in gambling taxes and weak casino operations being the main reasons.

Swedish operator ATG's revenue fell by 5% in the first half of the year, with an increase in gambling taxes and weak casino operations being the main reasons.

Swedish operator ATG has announced its financial data for the first half of 2025. Net Gaming Revenue (NGR) was SEK 2.6 billion (approximately USD 237 million), a 5% decrease year-over-year, with total group revenue also falling to SEK 2.9 billion. The horse racing business declined by 5%, sports bet

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UK horse racing betting tax hits record £108 million, despite continued decline in betting amounts.

UK horse racing betting tax hits record £108 million, despite continued decline in betting amounts.

Despite the continuous decline in horse racing betting turnover, the Horserace Betting Levy Board (HBLB) in the UK expects to receive a record £108 million in taxes for the fiscal year 2024-25. This revenue comes from betting companies with gross profits over £500,000, taxed at 10%, and is used to s

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