Death by 1,000 taxes. That’s the concern now for the online gaming industry in the Philippines, as the government is pondering increasing the levy on GGR for the sector by up to 10 percent. Experts warn that operators already pay one of the highest tax rates in the world, and an increase would likely push punters to the black market. Meanwhile, in Australia, the joint venture partners in Queen’s Wharf Brisbane are considering Crown Resorts as a potential replacement for The Star in the project, potentially smoothing over the casino license transition.
The post Daily Asia Gaming eBrief: PH gov’t ponders 10% tax increase on online GGR first appeared on Asia Gaming News | AGB – Asia Gaming Brief.
