Taxation

Macau Gaming Industry Generated 237% More Tax Revenues in April

Radosav Milutinovic
Latest Casino and Gambling News, Casino Destinations, Casino News, Reviews from the Cotai Strip, World Casino News, China, Casino reviews from Macau, Gaming Industry News, Hong Kong, Taxation, Asian Casino News, Macau, Financial Press Releases
The strong Macau gaming industry growth in the first quarter of 2023 continued throughout the month of April as well. Inside Asian Gaming reports the figures released by the Financial Services Bureau to indicat...

WARN Notice Submitted By Vernon Downs; Casino Prepares To Close

Marija Malenovic
Latest Casino and Gambling News, U.S.A., Horse Racing, Casino News, New Hotels, World Casino News, North America Casino News, Casino closures, Gaming Industry News, Horse Racing, Taxation, Labor Relations, Taxes, New York
New York's Vernon Downs Hotel Casino has filed a WARN notice with the New York State Department of Labor outlining plans to officially close by the end of this year and discharge all 249 of its workers. Plan...

Sands China To Focus On Attracting More Foreign Players; Possibility Of Tax Reduction

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, Macau, Taxation, Asian Casino News, Mergers, Acquisitions & Partnerships
Sands China Ltd., a leading casino operator based in Macau, is launching many measures to lure more foreign players to its facilities, according to company chairman Wilfred Wong Ying Wai. In addition, he add...

Sports Betting Bill Passed by Vermont’s Finance Committee to Senate Floor

Radosav Milutinovic
New England, U.S.A., Casino proposals, Latest Casino and Gambling News, Gaming Law & Legislation, Casino expansion projects, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Casino project updates, Licensed online casinos in USA, Licenses, Online Gambling News, Sports betting, Taxation, Kentucky
Having cleared Vermont's House for approval of the Senate committees, the bill to allow sports betting passed Vermont’s Senate Finance Committee on Tuesday. As Sports Handle reports, the bill sustained certain ...

Tennessee Legislature Passes Bill for The First Handle Tax in the U.S.

Radosav Milutinovic
Tennessee, Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Taxation, Taxes
The State of Tennessee announced changes in the sports wagering market as its legislators passed the SB 475 Bill on Friday to change the state's mobile sports betting tax system. The Bill will amend the existin...

Arizona Tribal Gaming Generated 20% More in Tax Revenues Than Last Year

Radosav Milutinovic
Tribal Gaming, U.S.A., Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, World Casino News, North America Casino News, Gaming Industry News, Arizona, Mobile gaming, Economy/Finance, Licenses, Taxation, Online Gambling News, Sports betting, Taxes
Tribal gaming in Arizona hit record levels in the first quarter of 2023 to generate the highest level of contributions from the Arizona Department of Gaming (ADG) aggregated since 2004. Following the Arizona Tr...

Star Entertainment Cuts 500 Jobs and Amends 2023 Earnings Forecast

Radosav Milutinovic
Casino Sales, Casino Destinations, Australia, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, Money Laundering, Economy/Finance, Employment & Careers, Online Gambling News, Taxation, Oceania Casino News, Labor Relations, Fines, Lawsuits & Litigation, Financial Press Releases
Star Entertainment Group, one of Australia's leading entertainment and gambling companies, reportedly announced that it will cut 500 jobs in an attempt to set off a series of regulatory restrictions and...
star casinos

Star Casino and United Workers Union Against the Tax Increase

Vanja Mitic
Gaming Law & Legislation, Australia, Casino News, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Employment & Careers, Taxation, Taxes, Financial Press Releases
The workers in Sydney’s Star casino are worried about their future - and with a reason. Since gaming taxes will be increased in July, many of them will lose their jobs. That’s why the Union decided to schedule ...
sweden

Gambling Laws Change and Fees Increase in Sweden: Operators Approve It

Vanja Mitic
Sweden, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Licenses, Taxation, Online Gambling News, Licensing, Taxes
The Gambling Authority’s new proposal for changes in the Swedish gambling law has been approved by the Swedish Trade Association for Online Gambling (BOS). Some changes included in the proposal are related t...

Hard Rock Casino Rockford Adds Live Table Games to the Gaming Floor

Radosav Milutinovic
Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Casino openings, Casino expansion projects, Gaming Industry News, Brick-n-Mortar Poker Rooms, Economy/Finance, Poker, Taxation, Illinois
A source reports that Hard Rock Casino Rockford has added blackjack and other live table games today. This addition represents a significant milestone in the casino's operations strengthening Hard Rock's portfo...

BGC Expects UK Regulators to Scale Gambling Reforms and Protect Land-Based Operators

Radosav Milutinovic
Gaming Law & Legislation, Latest Casino and Gambling News, Casino News, World Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, European Casino News, Employment & Careers, Sports betting, Taxation, Online Gambling News, Financial Press Releases, United Kingdom
Awaiting the UK government's Gambling White Paper which will set out new reforms to wagering and gaming operations in the country, the industry standards body, Betting & Gaming Council (BGC), sa...
georgia

Georgia Continues with the Reforms of the Gambling Laws to Align with the EU Conditions

Vanja Mitic
Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Licenses, Taxation, Online Gambling News, Georgia-Eurasia, Licensing, Taxes
The Georgian government kept proceeding with the reforms that impacted both casinos and the players. Since the reforms began earlier this month, more than 1.4 million players from Georgia have been banned from ...

North Carolina Legislators Step Closer to Legalize Sports Wagering

Radosav Milutinovic
Virginia, Tennessee, Tribal Gaming, U.S.A., Casino proposals, Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, World Casino News, North America Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Taxation, Sports betting, Licensing, Taxes, North Carolina
A bill to legalize sports wagering is to clear the North Carolina House of Representatives and be sent to the Senate for final approval. The representatives approved the proposal on a 66-45 vote Tuesday less th...