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Betting world zimbabwe map the truth about sports betting

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These regulations are coming after several reports highlighting the binding effect of gambling taxation on players in recent years. The Senate noted that most of the money staked went back to players as winnings, leaving the operators with the burden of paying tax for money they didn't receive. In October , the Court of Auditors reported that the French tax was heavy because it was based on bets and the rates were high.

The report indicated that it would be wrong to continue using turnover as the base and thus recommended the change of the tax base to the new GGR. During the previous period, the French sports betting market has grown into a profitable sector for the state. According to the French budget projections, the state stands to collect EUR million in from sports betting taxes with the new laws.

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