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This transfer has been seen as controversial by some, with the view that the president has bowed to pressure from the gambling industry. This would, in flip, proceed to generate income for the financial system, whilst deterring downside playing. It would apply a uniform fee of tax of 35% on the revenue from all kinds of gambling. This was a steep increase, with earlier tax rates of seven.5% for betting, 5% for lotteries and 12% for gaming.
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