Welcome to the Weekend Report, where iGB looks at the news that you may have missed across Friday, Saturday and Sunday. This week: Bet365 launches Peru, Pakistan cricket legend under fire for new ambassador role and South Korean celebrities swept up in illegal gambling. Pakistan cricket legend faces backlash over betting ambassador role Starting in...
Tag: ATG
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Increased gambling tax in Sweden comes into effect
Sweden’s increased excise tax on gambling comes into effect from today, Monday, July 1. The new tax, up to 22 per cent from 18 per cent, covers all verticals and received mixed reaction from across the industry in Sweden before being approved by the government in May. The gambling regulator, Spelinspektionen, said while it had...
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ATG: Progress made on Swedish tax proposals rethink
The CEO of Swedish gambling operator ATG says progress has been made on the company’s efforts to force the government into a rethink of current tax hike proposals. Hans Lord Skarplöth and his company are seeking a standalone tax hike for commercial online gambling to 26 per cent from 18 per cent, as opposed to...