April 12, 2024

NJ Bill S3064 to Hike Online Gambling Taxes to 30%

The Stakes Are Rising: New Jersey Proposes Hefty Online Gambling Tax Increase Attention, New Jersey gamblers and stakeholders! A new legislative move could transform the online gambling landscape in the Garden State. Senator John McKeon has introduced a groundbreaking proposal, Bill S3064, which seeks to escalate the tax rate on online gambling and sports betting […]

February 11, 2024

Colombia’s Bold Tax Initiative on Online Sports Betting

A Pioneering Approach to Public Health Financing In a strategic move to bolster public health resources, Colombian Senator Antonio Correa has unveiled a proposal to impose new taxes on online sports betting platforms. This initiative, garnering support from President Gustavo Petro, is poised to become a cornerstone of Colombia’s health sector reform, offering a novel […]

October 30, 2023

Armenia Enforces Cash Payment Ban for Online Gambling

In a step to curb gambling addiction, the Armenian government is vigorously implementing a cash ban for online betting activities. Following directives from the National Assembly, agencies have been instructed to set into motion rules that permit the topping up of online gambling accounts exclusively with cards issued by nationally licensed banks. This strategic move […]