US EditionStake tax cannot be used for responsible gambling regulation-BiGA
By Juliet MakwamaThe Bookmakers and iGaming Association of Zambia (BiGA) has cautioned against the proposed 10 percent excise tax on stakes saying it will drive customers to offshore and unregulated operators thereby reducing government tax revenue.Association president Victor Sodala says if effected, the move will make legal operations unsustainable and threaten the over 2,500 jobs that the sector offers.Towards the end of last year, governmen…
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Stake tax cannot be used for responsible gambling regulation-BiGA
By Juliet MakwamaThe Bookmakers and iGaming Association of Zambia (BiGA) has cautioned against the proposed 10 percent excise tax on stakes saying it will drive customers to offshore and unregulated operators thereby reducing government tax revenue.Association president Victor Sodala says if effected, the move will make legal operations unsustainable and threaten the over 2,500 jobs that the sector offers.Towards the end of last year, governmen…
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