Taxation

North Carolina Bill Seeks to Boost High School Coaches’ Pay Using Sports Betting Revenue

Lawmakers in North Carolina have introduced a new measure aimed at addressing financial challenges faced by high school athletic coaches. Senate Bill 657, also known as the "Keeping Our Coaches Act," proposes a...

Bipartisan Effort to Eliminate Outdated Sports Betting Tax Gains Momentum

In a persistent move to modernize sports betting regulations, bipartisan co-chairs of the Congressional Gaming Caucus, Democratic Representative Dina Titus of Nevada and Republican Representative Guy Reschentha...

New Jersey’s Proposed Tax Hike on Online Gambling Sparks Industry Backlash

In a bold fiscal move, New Jersey Governor Phil Murphy has proposed significant tax increases on online sports betting and internet gambling, sparking widespread concern among casinos and betting firms. The pro...

FDJ Navigates Challenges with Strategic Initiatives Amid Regulatory Changes

La Française des Jeux (FDJ), a leading name in the European betting and gaming landscape, has reported a robust performance for the year 2024. The company's revenue soared to €3,065 million, marking a significa...

SkyCity Entertainment Resolves Long-Running South Australian Tax Dispute with AU$38.1 Million Settlement

SkyCity Entertainment Group has successfully reached a resolution with the South Australian government, bringing an end to a prolonged and complicated legal and tax dispute. The dispute, which revolved around t...

PAGCOR Cuts E-Games Fees to Strengthen Legal Market

The Philippine Amusement and Gaming Corporation (PAGCOR) has announced a further reduction in Electronic Games (E-Games) fee rates, bringing them down from 35% to 30% effective January 1, 2025. This decision is...

Bally’s Requests Property Tax Discount for $1.7B Chicago Casino Project Amid Ongoing Struggles

Bally’s, a Rhode Island-based gambling company, is seeking a significant property tax break to support its $1.7 billion integrated casino and hotel project along the Chicago River, Illinois. The venue, planned ...

Supreme Court of India Stays Tax Notices for Online Gaming Companies

The Supreme Court of India has temporarily halted ₹1.12 lakh crore in Goods and Services Tax (GST) show-cause notices issued to online gaming companies. This decision, delivered on January 10, 2025, suspends on...

Massachusetts Casinos and Sports Betting Generate Over $181 Million in November

Massachusetts casinos and sports betting operations combined for a significant financial milestone in November 2024, generating over $181 million in revenue. The Massachusetts Gaming Commission's latest report ...