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Tanzanian lecturer warns betting tax reduction could increase youth gambling

Regulation

Accounting and finance lecturer Charles Matekele said on 21 June 2023 that a reduction in gaming taxes could draw more young people into betting in Tanzania. During a discussion about the 2023/24 budget, he argued that greater reliance on betting could weaken young people’s participation in work and development activities.

The comments concern how changes to gaming taxes may affect youth participation in betting.

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STS-FIT president questions whether Italy’s proposed AWP and VLT tax rise will increase revenue

STS-FIT president Emilio Zamparelli said a proposed tax increase on AWP and VLT machines in Italy’s 2027 budget may not raise more state revenue. He argued that higher PREU could reduce retailers’ compensation and suggested reviewing machine payout levels as an alternative.

A possible new tax rise on AWP and VLT gaming machines, linked to the 2027 budget, raises doubts about whether it would really increase state revenue. Emilio Zamparelli, president of STS-FIT, spoke on the issue. He did so at the SiGMA Central Europe Summit in Rome on 3 November.

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