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With the Cheltenham Festival just around the corner, Simon Roberts solicitor at ARAG Law delves into the world of online betting. Unfortunately for the many people who become addicted, it seems online gambling is here to stay, especially in the US and Europe. Problem gamblers who have voluntarily excluded themselves from physical casinos are likely to be able to gain access to gambling via the internet if they so wish. On the internet, bets are often smaller and may thus seem far more affordable than gambling at a casino, but the amounts being bet can quickly accumulate.

Where Alberta’s iGaming Tax Money Actually Goes

Consequently, the government will not proceed with introducing a Remote Betting non gamstop and Gaming Duty rate, and will instead introduce changes that retain a differential between rates on remote betting and gaming duties. The government heard representations that remote betting and remote gaming are different in terms of costs and harms and should therefore not be subject to a single duty at the same rate. The government will therefore implement a lower tax rise for remote betting than remote gaming, while keeping General Betting Duty at 15%.

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