mutual sportsbook

 The preliminary draft of the future standard imposes mutual sports betting, as Predictor, 22% on gross revenues.


The Government wants to step on the accelerator of the legislator to regulate the gambling sector as soon as possible and casinos, so calculated that, at the end of this month, it could have ready a draft of the future act of the game. For the moment, to end the period of public hearing for the draft, tomorrow the Executive already presents some of the developments that could contain the forthcoming legislation before going to the Council of Ministers to be approved.


The final draft of the preliminary draft provides as a tax base of the new tax of the game gross revenues of Bookmarkers, defined as the total amount of the amounts involved in participation in the game, as well as any other income that may be obtained directly from your organization or celebration. The rates will have to pay Spain game companies will vary depending on the type of bets.


Specifically, which will receive a greater levy are mutual sports betting - those in which a percentage of the sum of the betted amount is distributed among bettors who had been successful the result-which shall be subject with 22% on gross revenues. This will be the case of the pools or the Quinigol, for example.


Meanwhile, sports betting of counterpart - those in which the bettor bets against a game operator, being award to obtain the result of multiplying the amount of the winning odds by the ratio that the operator has previously validated for these - will be subject to 5% on the tax base. The same occurs with cross sports betting, horse bets from counterpart and other matching bets and Crusades, which will also be gravadascon 5% on the gross income.


For its part, the betting mutual riding, random combinations and the rest of totalizator betting they will be subject to 15 per cent of their gross income, while raffles and competitions are taxed with a 20%.


In addition, the preliminary draft offers the possibility to the autonomous communities raise each of these taxes up to a maximum of 20% for the games that are managed by operators and organisers with fiscal address in its territory.