Poland Rejects Bid to Hike Gambling Tax
Summary
Poland's President Karol Narwocki has rejected a legislative proposal to increase the tax rate on gambling winnings, offering a reprieve to the regulated gambling industry. Lawmakers had sought to raise the tax on betting winnings from 10% to 15% due to increased scrutiny of public finances. However, President Narwocki’s office opposed the measure, framing it as an attempt to take money directly from citizens. He argued for a more comprehensive approach to budget issues rather than relying on temporary tax increases. Industry leaders expressed relief, noting that higher taxes could drive players to the black market. Poland has actively combatted illegal gambling by banning numerous websites and restricting payment processing for unlicensed platforms, and is also considering liberalizing its online casino market.
(Source:Gamblingnews)