Dominican Republic proposes major gambling tax hike
A fiscal reform bill in the Dominican Republic proposes tax increases of up to 243% on gambling operators.
A fiscal reform bill in the Dominican Republic proposes tax increases of up to 243% on gambling operators.
Appointment adds financial and governance expertise to the board.
Former DICJ Director Ng Wai Han takes office, pledging to advance economic diversification and strengthen Macau’s resilience.
The $100m, 203-room expansion is the third of four retail projects the operator plans to complete within a year.
Chile’s tax authority expects to collect more than $100m annually after extending VAT requirements to offshore betting platforms serving local customers.
Brazil’s forthcoming Selective Tax is expected to increase the tax burden on betting operators, although key details remain under discussion.
CADE has entered the final phase of its investigation into Caixa over alleged anti-competitive practices involving lottery betting intermediaries.
Former Brazilian Central Bank President Arminio Fraga says betting should be addressed as a public health concern rather than an economic issue.
A draft law on gambling regulation and the responsibilities of Gabonaise des Jeux (GDJ) has been presented to the Senate’s Economic Affairs Committee following approval in the National Assembly.
The Gambling Administration states that the increase in revenue collection is the outcome of improvements in the regulatory and supervisory framework.