Budget 2017: Unlikely for gaming industry to face tax increase, 14 October 2016

Budget 2017: Unlikely for gaming industry to face tax increase, 14 October 2016

October 14th, 2016/ Posted by admin

It is unlikely that the gaming industry will face a tax increase as it may drive business to illegal number forecasting operators, according to Alliance DBS Research. This will lead to a lower tax revenue collection and also, the revenue gained from the tax hike may not have a material impact on the Government’s coffers overall.

Source: The Edge Markets, 12 October 2016