The Sri Lankan government has announced a drastic increase in annual license fees and taxes for casinos. The announcement of the steep hike was made by...
The Turf Authorities of India (TAI), an apex body of the six racing clubs in India made a representation to Union Minister Piyush Goyal on 14th...
Data released by the All India Federation of Lottery Trade (AIFLTAI) has revealed that the government has earned Rs. 3,948 crores through Goods and Services Tax (GST)...
In a bid to attract foreign investment for casinos and to promote tourism, the Sri Lankan government has brought a proposal to reduce taxes on casinos...
Major Goa casinos have recently changed their in-house policy on tournament winnings and will now deduct a 30% Tax Deducted at Source (TDS) on tournament winnings...
One important question that people have asked me is whether winnings from casinos and betting can be taxed and if so what would be the quantum...