Taxation | World Casino News

Cambodian casino industry experiencing slow coronavirus recovery

July 13, 2022

Cambodia, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino openings, Gaming Industry News, Economy/Finance, Licenses, Taxation

The government of Cambodia has reportedly revealed that only ten percent of the nation’s licensed casinos were open at the end of last month owing to a continuing coronavirus-related drop in international touri...

Sri Lanka to issue tranche of four more land-based casino licenses

Adam Morgan

July 8, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Licenses, Taxation, Sri Lanka

In an attempt to increase tax revenues in the face of a floundering economy and the government for the Asian island nation of Sri Lanka has reportedly approved the issuance of four more land-based casino licens...

Macau gross gaming revenues recovery to take longer than initially planned

Adam Morgan

June 24, 2022

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Licenses, Macau, Taxation

Global investment bank Credit Suisse Group AG has reportedly again warned that the recovery of the casino industry in Macau could take much longer than earlier anticipated due to the lingering presence of coron...

Kansas looking to roll out legalized sportsbetting from as soon as September

Adam Morgan

June 23, 2022

NFL, Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Gaming Industry News, Mobile gaming, Economy/Finance, Licenses, Sports betting, Online Gambling News, Taxation, Mergers, Acquisitions & Partnerships, Kansas

The governor for the state of Kansas has reportedly announced that the jurisdiction could launch online and retail sportsbetting by as soon as September after local lawmakers passed enabling legislation in Apri...

North Carolina sportsbetting legalization push fails amid addiction concerns

Adam Morgan

June 23, 2022

NBA, NHL, MLS, Latest Casino and Gambling News, Gaming Law & Legislation, NFL, Tribal Gaming, Online gambling regulation, Gaming Industry News, Economy/Finance, Licenses, Sports betting, Taxation, Online Gambling News, North Carolina

In the southern American state of North Carolina and legislators reportedly failed to pass a measure late last night that would have legalized retail and online sportsbetting due to concerns that the move could...

Criticism for first year of Colorado’s online sportsbetting scene

Adam Morgan

June 15, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Colorado, Licenses, Taxation, Online Gambling News, Sports betting

A new probe from the office of Colorado State Auditor Kerri Hunter has criticized the western state’s Gaming Division and Colorado Limited Gaming Control Commission regulators for the way in which they have bee...

Tabcorp Holdings Limited agrees Queensland tax settlement

Adam Morgan

June 6, 2022

Australia, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Taxation, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation

Only a few days after completing the demerger of its lottery and keno business and Australian bookmaker Tabcorp Holdings Limited has announced the settlement of litigation with the state of Queensland that is t...

Mexican casino industry lobbying for a unified industry tax regime

Adam Morgan

May 24, 2022

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Mexico, Taxation

In Mexico and the Entertainment and Gambling Industry Permit Holders, Operators and Suppliers Association (AIEJA) trade group has reportedly called on the federal government to implement a unified casino indust...

Macau gross gaming revenues may suffer amid China visa crackdown

Adam Morgan

May 18, 2022

Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Macau, Taxation

Global investment bank Credit Suisse Group AG has reportedly warned that Macau could see its aggregated gross gaming revenues crash by as much as 20% this year owing to China’s burgeoning crackdown on granting ...

Macau casino operators would benefit from a rumored tax cut proposal

Adam Morgan

May 16, 2022

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Licenses, Taxation, Macau

American investment bank JPMorgan Chase and Company has reportedly forecast that the over 40 casinos in Macau could boost their earnings by up to 15% a year should the local government decide to decrease the ra...

British iGaming trio found to have lobbied government over new rules

Adam Morgan

May 9, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Taxation, United Kingdom

Some of the largest online casino and sportsbetting operators in the United Kingdom have reportedly been quietly lobbying the government not to implement a wide range of proposed safeguards including new afford...

Kansas legislators endorse wide-ranging sportsbetting legalization measure

Adam Morgan

April 29, 2022

MLS, Latest Casino and Gambling News, NFL, Gaming Law & Legislation, Tribal Gaming, Gaming Industry News, Economy/Finance, Licenses, Online Gambling News, Taxation, Sports betting, Kansas

In the American state of Kansas and legislators have reportedly approved a measure that would allow local sportsbetting aficionados to place wagers in person and via a host of mobile devices. According to a ...

Missouri State Senate to begin examining sportsbetting legalization measures

Adam Morgan

April 27, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Licenses, Sports betting, Online Gambling News, Taxation, Missouri

In the American state of Missouri and legislators are reportedly soon set to start considering a pair of measures that would look to legalize online and retail sportsbetting featuring associated tax rates of an...

GambleAware calls for the implementation of a 1% gross gaming yield levy

Adam Morgan

April 27, 2022

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation, Licensing, United Kingdom

In the United Kingdom and the organization behind the BeGambleAware.org responsible gambling resource has called on the government to implement a mandatory 1% levy to help fund programs tasked with combating an...

Macau chalks up reduced first-quarter gaming tax revenues

Adam Morgan

April 26, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Macau, Taxation

The over 40 casinos in the gambling-friendly enclave of Macau reportedly contributed almost $1.08 billion in aggregated taxes during the first three months of the year including approximately $371.21 million in...

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Cambodian casino industry experiencing slow coronavirus recovery

Sri Lanka to issue tranche of four more land-based casino licenses

Macau gross gaming revenues recovery to take longer than initially planned

Kansas looking to roll out legalized sportsbetting from as soon as September

North Carolina sportsbetting legalization push fails amid addiction concerns

Criticism for first year of Colorado’s online sportsbetting scene

Tabcorp Holdings Limited agrees Queensland tax settlement

Mexican casino industry lobbying for a unified industry tax regime

Macau gross gaming revenues may suffer amid China visa crackdown

Macau casino operators would benefit from a rumored tax cut proposal

British iGaming trio found to have lobbied government over new rules

Kansas legislators endorse wide-ranging sportsbetting legalization measure

Missouri State Senate to begin examining sportsbetting legalization measures

GambleAware calls for the implementation of a 1% gross gaming yield levy

Macau chalks up reduced first-quarter gaming tax revenues

At Least Three Lawsuits Follow Rivers Casino Data Breach

Flutter Adjusts US Revenue Projections After NFL Betting Trends

Fontana Casino in Clark Ordered to Halt Operations Indefinitely

Manhattan Community Board Opposes $12B Hudson Yards Casino Project Amid Local Criticism

US Horse Racing Wagering Falls for Third Year as Industry Faces Declining Participation and Revenue