Proposed Tax Increase for Gambling in Sweden

[MissExposé]

The Swedish government is considering raising the gambling tax rate from 18% to 22% of gross gaming revenue, aiming to generate an additional SEK 540 million ($48.4 million) in annual tax revenues beginning in July 2024, citing market stabilization and improved channelization rates. However, the proposal faces opposition from the Online Gaming Industry Association (BOS), which argues that the tax increase could negatively impact channelization rates, potentially undermining the government's regulatory goals.

Source: https://news.worldcasinodirectory.com/sweden-proposes-gambling-tax-increase-to-generate-additional-50-million-in-tax-revenues-110420

 

[AussieDave]

This screams 'greed'. It's a cash-grab. Governments are the biggest CROOKS these days!

 

[Conft]

I'd expect this search term will continue to grow with moves like this

 

[Jops]

Indeed, governments cannot be trusted with anything these days. They lie, censor, spew propaganda, and in our industry, the pretend to care about the players but only care about controlling the money flow and taxing people to death.

Politicians are scumbags, and people are stupid for trusting them.