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The legal gambling industry in 2017

The legal industry is undergoing a dramatic transformation.In 2017, it is estimated that the US legal gambling market generated $1.5 trillion in revenue, with the largest single source of revenue being online poker, where US$6.5 billion of revenue was generated in 2017.This represents a 5.5% increase from 2016.However, in 2017, the legal gambling sector was

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What we know about ‘Gambling Tax’ and ‘Gambler Fishing’

The gambling tax was introduced in 2018 and came into effect on January 1, 2019.It’s an extra tax on casino gaming profits.There are two main things to know about the new tax.First, it’s not a ‘tobacco tax’ It’s not tobacco tax.It is the new ‘gambling revenue’ which is collected by the government on a regular