Is there such a thing as a perfect tax rate? With GGR and assorted operational levies ranging from 51% to under 10% across the US, and the Netherlands moving from 30.5% to 37.8%, a general trajectory in tax burdens is forcing very difficult discussions and causing some seen and unseen pain for operators and investors. Likewise in key emerging markets like Brazil and India, monetary policies are never as straightforward as they first look. Yet, despite these upward trends, some jurisdictions like the Philippines are approaching the topic of tax with a more straight-forward approach to foster economic development. What is the ideal taxation framework? With input from regulators, economists and operators, this panel looks to outline what ensures returns for jurisdictions, while letting the market thrive.

• Bigger isn’t always better: Understanding how operators generate returns and the complex financial models towards investment.
• Keeping competitive: Making markets accessible to a range of licensed providers, not just the majors.
• Avoiding overregulation: Risks of channelisation and losing advantage to illegal offerings from high tax rates