Nederlandse Loterij has started a public lobby against the bill to increase the gambling tax rate for land-based sports betting to 29% of GGR – the same rate as for online sports betting. The proposed tax increase will mean the end of De Toto, Nederlandse Loterij CEO Niels Onkenhout says.

The proposed bill that will change the land-based sports betting tax rate assumes that the long-awaited Remote Gaming Bill will effectively come into force on July 1, 2020, State Secretary of Finance Menno Snel recently told a Lower House Committee.

The UK betting industry has dismissed the Football Association’s proposal for a levy on betting operators.

Kindred Group’s gross winnings revenue amounted to GBP 230.7 (193.6) million for the third quarter of 2018, an increase of 19%, and GBP 657.5 (513.4) million for the period January to September 2018.

Mr Green Group posted an increase of 44% in year-on-year revenue from January to September 2018, rising to SEK 1,239m ($135m).

Online casino supplier NetEnt has reported Q3 revenues of SEK 449m ($48.9m); a growth of 11% year-on-year.

Kambi has reported a 39% rise in Q3 revenues to €20.5m, driven by the football World Cup, growing customers and a healthy 8.6% operator margin.