Taxation | World Casino News

Finance Minister confirms 28% GST for India’s privately-run lotteries

June 19, 2017

Latest Casino and Gambling News, India, Lottery, Taxation

The governing body responsible for overseeing India's goods and services tax (GST) system, announced a new dual tax rate on lottery tickets on Sunday, right before the confirmed July 1 roll-out of the new indir...

Kenya to institute 35% revenue tax on online gambling operators

Adam Morgan

June 19, 2017

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

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Last week saw legislators in Kenya reportedly agree to a compromise with the African nation’s long-serving president that will see all licensed online gambling operators subjected to a 35% revenue tax on top of...

Ireland launches betting tax review

K Morrison

May 25, 2017

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

Ireland’s Department of Finance recently announced that it is in the process of reviewing its current betting tax regime, possibly easing operator’s burden shifting instead to the punter. The review, which i...

Friday deadline for new Pennsylvania casino host fee legislation

Adam Morgan

May 22, 2017

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

Ahead of a looming Friday deadline, legislators in Pennsylvania are reportedly hoping to pass a measure that would reinstate a version of the eastern state’s controversial casino host fees policy so that local ...

Casino tax rate in New Jersey lower than regional competition

K Morrison

May 9, 2017

Latest Casino and Gambling News, Economy/Finance, Taxation, Indepth / Featured Articles, New Jersey

In 2015, New Jersey’s casinos paid $237.09 million in gaming tax revenue, substantially less than what casinos in other states pay. The state’s gross casino gaming revenue was $2.563 billion in 2015. New Jer...

Penn National Gaming Incorporated warns against steep iGaming tax rates

Adam Morgan

May 2, 2017

Latest Casino and Gambling News, Online gambling regulation, Taxation, Pennsylvania

As the debate on whether to legalize online gambling in Pennsylvania continues, American casino firm Penn National Gaming Incorporated has warned legislators against setting the tax rate for iGaming operations ...

Harness racing returning to Vernon Downs Casino Hotel from Friday

Adam Morgan

May 1, 2017

Latest Casino and Gambling News, Horse Racing, Taxation, New York

Following a two-week delay, harness racing will reportedly return to upstate New York’s Vernon Downs Casino Hotel from Friday with an expectation that the state will be providing the Oneida County racetrack wit...

Former Taj Mahal owner seeks millions in tax refunds

Lars Jones

April 27, 2017

Latest Casino and Gambling News, Taxation, Bankruptcy, Fines, Lawsuits & Litigation, New Jersey

Former corporate raider and activist investor Carl Icahn recently filed tax appeals in New Jersey to dispute the assessed value of his recently sold Trump Taj Mahal and the derelict Trump Plaza in Atlantic City...

Illinois gambling bill could move forward with or without Senate’s ‘grand bargain’

K Morrison

April 4, 2017

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

If the latest budget plan proposed by lawmakers to create revenues for the state stalls, an Illinois state senator said he’s willing to move forward with Senate Bill 7, which would create six new casinos across...

Popular Stockholm iGaming Forum Set to Overview Sweden’s 2017 Gaming Legislation

D. Graham

April 3, 2017

Sweden, Isle of man, Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, Online gambling regulation, Gaming Industry News, Technology, Online Poker, Mobile gaming, Economy/Finance, European Casino News, Conferences / Trade Shows, Data Protection, Online Gambling News, Taxation

Expert electronic gambling operators and officials are gathering April 5th and 6th for Stockholm’s 9th Annual iGaming Forum. Attendees have a unique opportunity to evaluate and consider the opportunities of ent...

Seneca Nation ending $110 million casino payments to state

K Morrison

March 23, 2017

Latest Casino and Gambling News, Tribal Gaming, Taxation, New York

A decision by the Seneca Nation of Indians to end all of the casino payments the tribe makes to the state government will stop a $110 million revenue flow to Albany, effective next week. The Nation says thei...

Saipan’s lack of gaming tax questioned

K Morrison

March 16, 2017

Latest Casino and Gambling News, Taxation, Northern Mariana Islands, Saipan

Gross gaming revenue (GGR) tax is reportedly not being collected from gaming operator Imperial Pacific International (CNMI), LLC operations on Saipan and a lawmaker there is questioning why, according to Asia G...

Cambodian casino tax revenue rises

K Morrison

March 14, 2017

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

An agreement between NagaCorp Ltd (3918:Hong Kong) flagship NagaWorld and the Cambodian government has contributed greatly to the $48 million collected from the casino industry in 2016; a 40 percent increase fr...

Connecticut committee hears both sides of argument in heated hearing over state gambling expansion plans

Renee Kingsley

March 12, 2017

Gaming Law & Legislation, Tribal Gaming, Casino proposals, Connecticut, Taxation

The idea to expand Connecticut's gambling market to allow the construction of a third casino was tossed about at a recent hearing, which became exceptionally heated as both sides of the debate tried to get thei...

Cyprus initiates investigation into OPAP finances

Adam Morgan

March 8, 2017

Latest Casino and Gambling News, Cyprus, Lottery, Licenses, Taxation

European sportsbetting and lottery giant OPAP could be in trouble with the authorities in Cyprus after the island nation’s Attorney General reportedly ordered a police investigation into the firm’s finances. ...