Post
Topic
Board Gambling discussion
Re: Argentina raises Gambling tax
by
HaXX0R1337
on 23/11/2020, 21:35:24 UTC
Apparently the industry was unregulated for a long time and the government now decided to go for it since they will aid in the future stability and improvement in the financial situation.

The industry according to them apparently is able to get 2.4 billion dollars worth of revenue and which is inclined to help the country , 95% of the tax is going to go to the province.
The pandemic has brought most of the countries to its knees and it is a smart move by the government to tax the gambling sector to raise the money, there are countries that raised the tax on liquor and tobacco in the past few months and we should expect these sort of increase in other sectors as well.