Digitain launches Tax Engine - an automated tool developed to allow operators to deal with complex betting tax requirements.
Edmond Ghulyan, Digitain's Head of Sportsbook Development said: "This development came about as a result of feedback from some of our partners who needed help in complying with betting tax requirements in regulated markets.
“Our new Tax Engine does all the heavy lifting for the operators and allows them to confidently tackle their key business objectives.”
Key functions include the ability to automatically deduct betting tax from the customer's stake, from their winnings, or in the case of some countries, from both ends. The Tax Engine offers multiple potential tax configurations and is suitable to be used in markets globally.
This flexible solution works efficiently with all versions of our sportsbook - from Turnkey to Sportsbook API, and also works across all channels; web, mobile and even in betshops. The Tax Engine includes a sophisticated suite of reporting tools.
Fully functional and flexible – the Digitain Tax Engine enables operators to be compliant and accurate - at all times.
About Digitain: Digitain is a sportsbook and casino platform provider offering best of breed turn-key and white-label solutions. The company’s primary focus is on the regulated European market, with ambitious plans to expand its geographical footprint into the Americas and Asia. It employs more than 700 of the brightest trading minds in the gaming industry (part of a wider workforce of over 1,700 staff) with the aim of providing a one-stop-shop for its customers. The multi-channel Digitain Gaming Platform allows operators to plug-in sportsbook, casino, live dealer and virtual sports modules, and includes an integrated payment gateway, bonus engine, CRM system and dedicated customer support. Its sportsbook product covers 65 sports, taking in 7,500 leagues, and offers more than 3,000 betting markets. It also offers odds on 35,000 live events each month, while its casino solution has 4,000-plus games from major casino suppliers (such as Novomatic, Microgaming, NetEnt and Yggdrasil).
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Peter Nolan: [email protected]