Posted by on Aug 5, 2011 in Betting, Sports | 104 comments

Betfair punters may be taxed

Betfair punters may be taxed
The battle between the betting establishment and Betfair.com took another turn last week with the news that the UK treasury is set to close a loophole exempting gamblers at betting exchanges from paying tax. The change in tax rules could happen as early as Wednesday, when the budget is announced. If the...
Read More
Posted by on Apr 17, 2011 in Poker | 33 comments

Pokie Taxes Rise On-Land- not Online

Pokie Taxes Rise On-Land- not Online
The government of New Zealand is considering an increase in its gambling tax. Specifically the government is looking to increase the revenue it derives from the country’s incredibly popular poker machines. Nestled at $200 million a year, poker machines represent major income to government and are...
Read More