Colombia accepts ‘gambling maths’ as VAT shifts to a GGR base

Following months of negotiations, the government of Colombia will apply a new formula to calculate VAT charges on gambling licences.  Announced on 31 December by Fecoljuegos, Colombia’s online gambling trade body, the  government has undertaken a fiscal correction, confirming that Value Added Tax (VAT) on online betting will now be calculated on Gross Gaming Revenue …

GG.BET pulls plug on UK betting market ahead of April taxes

GG.BET has become the latest bookmaker to opt out of the UK, and although its exact motive has not been revealed, the timing does stand out. A statement posted on the company’s UK domain revealed that it is winding down operations under its UK Gambling Commission (UKGC) licence. GG.BET will complete its platform shutdown by …

Sportsbet ruling shines light on Australia’s rocky regulatory road

Flutter Entertainment‘s Sportsbet found itself in the Australian news headlines as 2025 drew to a close, in a development that may be indicative of the direction the country’s betting market is heading in. Several outlets caught wind of a regulatory decision against the company by the Northern Territory Racing and Wagering Commission (NTRWC) in November, …