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Bad news for Montenegrin smart gamblers: State to introduce 15% gambling tax

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dejancg
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Bad news for Montenegrin smart gamblers: State to introduce 15% gambling tax

Tue Feb 19, 2019 9:01 am

In short, the State is about to make two significant moves towards cutting the online sportsbooks' and punters' profits.
First, as the sources say, the State is about to introduce yearly concessions which will have to be paid by sportsbooks in order to be able to offer their services to the people of Montenegro. Sportsbooks which refuse to pay these concessions will be blocked by ISPs. Second, the State is about to introduce 15% tax on gross winnings. So yeah, if you win, they will take from your winnings as well as from your stake.

Maybe it's worth mentioning that the government already tried this tax acrobatics once. However, in a matter of one day (if I recall correctly), more than 25 thousand people signed the petition against this decision and the parliament majority decided to amend the law and not introduce that tax.

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