Taxation

Macau gaming regulator receives Macau Jockey Club investment plan

August 17, 2018

Latest Casino and Gambling News, Horse Racing, Licenses, Macau, Taxation

In Macau, the Gaming Inspection and Coordination Bureau regulator has reportedly announced that it has received a detailed investment plan from Macau Horse Race Company Limited concerning the city’s Macau Jocke...

Nepal operators unhappy with apparent government u-turn

Adam Morgan

August 2, 2018

Latest Casino and Gambling News, Gaming Law & Legislation, Taxation, Nepal

Tourism and casino operators in the mountainous Asian nation of Nepal have reportedly expressed disappointment at an apparent government move to scrap proposed bespoke legislation that would have governed the l...

Kansas warned against sports betting over-optimism

Adam Morgan

July 23, 2018

Latest Casino and Gambling News, Gaming Law & Legislation, Economy/Finance, Sports betting, Taxation, Kansas

Legislators in Kansas have reportedly been warned that bringing legalized sports betting to ‘The Sunflower State’ may not end up being the magic pill that will help them to solve an estimated $320 budget defici...

Kenyan lawmakers support updated gaming legislation

Adam Morgan

June 25, 2018

Kenya, Latest Casino and Gambling News, Gaming Law & Legislation, Taxation

In Kenya, a parliamentary committee has reportedly approved legislation that would institute a 10% tax on winnings from lottery and sports wagers while conversely cutting operator revenue duties by over half to...

Goa casinos served with notice for failure to pay service tax

K Morrison

June 12, 2018

Latest Casino and Gambling News, India, Licenses, Taxation, Fines, Lawsuits & Litigation

In one fell swoop, 10 notices have been issued to as many Goa casinos by Indian intelligence agency, Directorate of Revenue Intelligence (DRI), for service tax evasion, and it has also begun an investigation in...

United Kingdom government to drastically cut maximum FOBTs stakes

Adam Morgan

May 17, 2018

Latest Casino and Gambling News, Gaming Law & Legislation, The Players Lounge, Sports betting, Taxation, United Kingdom

In hopes of helping to stamp out problem gambling, the government of the United Kingdom has reportedly announced that it is planning to reduce the maximum single stake for the nation’s over 34,000 fixed-odds be...

Chilean casinos record reduced revenues for March

Adam Morgan

May 7, 2018

Latest Casino and Gambling News, Chile, Economy/Finance, Taxation

In Chile, the nation’s gambling regulator has announced that aggregated gross gaming revenues for March fell by almost 1% year-on-year to stand at slightly in excess of $42.79 million while the growth rate over...

Majority of Goa casinos pay increased license fees

Adam Morgan

May 7, 2018

Latest Casino and Gambling News, India, Licenses, Taxation

In India, the government for the small state of Goa has reportedly collected around $29.75 million from eleven of the area’s casinos after the venues begrudgingly agreed to pay a range of increased fees for the...

British bookmakers see stock values tumble amid FOBTs speculation

Adam Morgan

April 25, 2018

Latest Casino and Gambling News, Gaming Law & Legislation, The Players Lounge, Taxation, United Kingdom

In the United Kingdom, yesterday reportedly saw the combined value of a trio of the nation’s largest bookmakers drop by more than £1 billion ($1.39 billion) after rumors emerged that the government is preparing...

Governor Rick Scott agrees Seminole Tribe of Florida gambling deal

Adam Morgan

April 23, 2018

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Licenses, Florida, Taxation

The Republican Governor for Florida, Rick Scott (pictured), has reportedly agreed a deal that would continue to give the Seminole Tribe of Florida the exclusive rights to offer banked card games such as blackja...

Goa government may reconsider casino tax hike

K Morrison

April 9, 2018

Latest Casino and Gambling News, India, Licenses, Taxation

Having approved a revised fee structure effective April 1 subjecting Goa’s casino industry to levies for the financial year 2018-19, which are as much as 4.5 times greater than the hikes casinos dealt with the ...

Japan lawmakers agree on tax rate, limit casino resorts to three

Lars Jones

April 2, 2018

Latest Casino and Gambling News, Gaming Law & Legislation, Japan, Taxation

An agreement has been reached in Japan between the ruling Liberal Democratic Party (LDP) and allied Komeito party for a flat integrated resort casino (IR) tax rate and to limit the number of IRs in the country ...

New York Governor ‘not sympathetic’ to upstate casino’s plea for tax help

Adam Morgan

March 29, 2018

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Economy/Finance, Taxation, New York

New York Governor Andrew Cuomo (pictured) has reportedly dismissed any suggestion he may support a revised tax deal for the Del Lago Resort and Casino by declaring that the state should not ‘get into the busine...

Del Lago Resort and Casino seeking better tax deal

Adam Morgan

March 28, 2018

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Economy/Finance, Taxation, New York

In upstate New York, the Del Lago Resort and Casino is reportedly asking lawmakers for a better tax deal in order offset lower than expected revenues it believes are down to increased and unfair competition fro...

Federal authorities attempting to seize Pojoaque Pueblo bank account

Adam Morgan

March 27, 2018

Latest Casino and Gambling News, Tribal Gaming, Taxation, Fines, Lawsuits & Litigation, New Mexico

In New Mexico, the federal government is reportedly trying to seize a bank account of the casino-operating Pojoaque Pueblo containing money the tribe earned while resolving its over two-year gambling compact di...

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Macau gaming regulator receives Macau Jockey Club investment plan

Nepal operators unhappy with apparent government u-turn

Kansas warned against sports betting over-optimism

Goa casinos served with notice for failure to pay service tax

United Kingdom government to drastically cut maximum FOBTs stakes

Chilean casinos record reduced revenues for March

Majority of Goa casinos pay increased license fees

British bookmakers see stock values tumble amid FOBTs speculation

Governor Rick Scott agrees Seminole Tribe of Florida gambling deal

Goa government may reconsider casino tax hike

Japan lawmakers agree on tax rate, limit casino resorts to three

New York Governor ‘not sympathetic’ to upstate casino’s plea for tax help

Del Lago Resort and Casino seeking better tax deal

Federal authorities attempting to seize Pojoaque Pueblo bank account

1X2 Network Asia presence grows with QTech Games deal

PlaySugarHouse switches license to Monmouth Park

Owner of Landry’s Incorporated possibly contemplating merger

Betdaq benefits from 2% commission structure

First full month of operations for MGM Springfield generates almost $27m in revenues