An attempt to make changes to the tax structure included in the bill continues to fail Efforts to roll back a controversial tax change affecting gamblers hit another wall this week, leaving poker players and other bettors still facing an uphill fight. Lawmakers attempted to restore the full deduction for gambling losses but failed to
The changes come on the heels of a massive tax increase implemented months ago Colombia has introduced new tax rules that redefine how gaming operators handle bonuses offered to players. The country’s gambling regulator, Coljuegos, detailed the updated structure following the government’s earlier decision to apply a Value Added Tax (VAT) on gambling deposits. The
The increase comes as the Senate refuses to consider online gambling legislation A Mississippi House committee has approved a bill that would raise taxes on casinos in an effort to offset the state’s loss of potential revenue from online gambling. The proposal, led by House Ways and Means Chairman Trey Lamar, seeks to increase the
President Biden has once again submitted his crypto mining tax increase in a budget proposal President Joe Biden has resurrected the concept of a 30% tax on electricity used by cryptocurrency miners in his 2025 budget proposal. It’s not the first time it has come up, but could find more support in an election year.
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