tax

Countries that do not pose taxed on winnings from live and online casinos are called gambling tax-free countries. Moreover, even though the gambling may be legal, there are still rules and regulations to be followed.  ... read more

VAT as we know is the tax levied on the product’s every stage of the supply chain. That may start from the raw materials and reach the final purchase. We are used to paying VAT tax on most of the products around us. And the gambling industry here is not an exception. Therefore, taxpayers should also pay the VAT on gaming machines.  A variety of online gambling sites, like the Betway Sportsbook, only increases the importance of VAT in the gambling industry. Therefore, more and more countries are making modifications in their legislation regarding gaming machines. For instance, Belgium removed the VAT exemption for online gambling in 2016.   ... read more

With the big race barely weeks away you’d think the bookies would have finally got a grip on what they think will happen this year at Churchill Downs. However with Game Winner, Omaha Beach and Roadster all getting 7/1 at Bovada, one of the best online sportsbook sites in the US these days, those improbable 2019 Kentucky Derby odds seem to indicate this one will go all the way down to the wire and those three aren’t the only horses worth backing in this extensive field. ... read more