Taxation | World Casino News

Restrained return for Chilean casinos following coronavirus closures

January 15, 2021

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

The collection of eleven private and state-run casinos in Chile reportedly chalked up aggregated gross gaming revenues of $5.9 million last month and paid roughly $1.8 million in combined taxes. According to...

Live! Casino and Hotel Philadelphia to officially open from February 11

Adam Morgan

January 7, 2021

Latest Casino and Gambling News, Casino News, Casino openings, New Hotels, Economy/Finance, Taxation, Sports betting, Mergers, Acquisitions & Partnerships, Pennsylvania

In eastern Pennsylvania and the $600 million Live! Casino and Hotel Philadelphia is reportedly set to officially open to the public from February 11 following a little over two years of construction. Accordi...

Japan publishes final segment of ‘Basic Policy’ casino criteria document

Adam Morgan

December 21, 2020

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

In Japan and the coalition government of Prime Minister Yoshihide Suga (pictured) has reportedly published the concluding segment of its definitive criteria for those jurisdictions hoping to win the right to ho...

United Kingdom kicks off comprehensive gaming market review

Adam Morgan

December 10, 2020

Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Lottery, The Players Lounge, Licenses, Sports betting, Online Gambling News, Taxation, United Kingdom

In the United Kingdom and the government of Prime Minister Boris Johnson (pictured) has reportedly started its wide-ranging review into existing gambling laws by releasing its ‘terms of reference’ via 45 questi...

Grand redevelopment plans for Harrah’s New Orleans

Adam Morgan

December 9, 2020

Latest Casino and Gambling News, Casino News, New Hotels, Casino expansion projects, Gaming Industry News, Economy/Finance, Licenses, Taxation, Louisiana

Newly-enlarged casino operator Caesars Entertainment Incorporated has just unveiled plans that are to see it spend approximately $325 million in order to renovate and expand its Harrah’s New Orleans property. ...

Overseas gamblers to be exempt from coming Japanese casino prize taxation

Adam Morgan

December 4, 2020

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

In Japan and a prominent member of the ruling Liberal Democratic Party has reportedly pronounced that non-resident gamblers will not have to pay tax on any prizes they may win at the nation’s coming trio of int...

Spanish gambling industry enduring stark coronavirus-induced decline

Adam Morgan

December 3, 2020

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Employment & Careers, Lottery, Sports betting, Taxation, Online Gambling News, Spain

In Spain and aggregated gross gaming revenues for the first ten months of 2020 reportedly decreased by 50% year-on-year to approximately €4.3 billion ($5.2 billion) owing to the impacts of the ongoing coronavir...

Long-awaited Cambodia casino legislation receives royal assent

Adam Morgan

November 20, 2020

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

In Cambodia and legislation has reportedly been enacted to more clearly establish the basic licensing requirements and operating conditions for the nation’s often hodgepodge land-based casino market. Accordi...

Macau gaming taxes show slow signs of recovery in October

Adam Morgan

November 12, 2020

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

The government of Macau has reportedly announced that the city’s 39 casinos handed over almost $117.12 million in aggregated gaming taxes for October to take their combined ten-month tally to just above $3.04 b...

Paradise Company Limited being investigated by South Korean tax authority

Adam Morgan

November 9, 2020

Casino News, Latest Casino and Gambling News, Casino openings, Gaming Industry News, Economy/Finance, Tax Evasion, Taxation, Crime, Financial Fraud, South Korea

South Korean casino operator Paradise Company Limited has reportedly confirmed that it is one of the many subjects of an official investigation looking into a range of tax-related wrongdoing allegations. Acc...

Voters endorse plans to bring casino gambling to four Virginia communities

Adam Morgan

November 4, 2020

As part of yesterday’s hotly-contested American elections and voters in four Virginia cities reportedly approved local ballot initiatives that are set to see each locality play host to an individual casino. ...

Month-long national lockdown being contemplated for England

Adam Morgan

November 2, 2020

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino closures, Gaming Industry News, Economy/Finance, Sports betting, Taxation, United Kingdom

In the United Kingdom and the government of Prime Minister Boris Johnson (pictured) has reportedly announced that he will be asking for parliamentary permission to implement a second substantial coronavirus-rel...

BOS applauds dismissal of Swedish horseracing levy proposal

Adam Morgan

October 30, 2020

Sweden, Latest Casino and Gambling News, Gaming Law & Legislation, Horse Racing, Gaming Industry News, Economy/Finance, Taxation

In Sweden and the Branscheforenigen for Onlinespel (BOS) trade association has reportedly welcomed a government decision to dismiss the imposition of a proposed mandatory sportsbetting levy for horseracing. ...

PAGCor continuing to count the cost of coronavirus closures

Adam Morgan

October 28, 2020

Casino News, Latest Casino and Gambling News, Casino openings, Casino closures, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation, Philippines

The Philippine Amusement and Gaming Corporation (PAGCor) has reportedly announced that its aggregated gross gaming revenues for the first nine months of the year dropped by 60% on a comparative basis to around ...

Rank Group executive slams government’s latest coronavirus-related closures

Adam Morgan

October 22, 2020

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Casino closures, Economy/Finance, Employment & Careers, Taxation, United Kingdom

In the United Kingdom and a senior executive for land-based and online gaming operator Rank Group has criticized a government decision that is to see casinos and bingo halls temporarily closed across large trac...

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Restrained return for Chilean casinos following coronavirus closures

Japan publishes final segment of ‘Basic Policy’ casino criteria document

United Kingdom kicks off comprehensive gaming market review

Grand redevelopment plans for Harrah’s New Orleans

Overseas gamblers to be exempt from coming Japanese casino prize taxation

Spanish gambling industry enduring stark coronavirus-induced decline

Long-awaited Cambodia casino legislation receives royal assent

Macau gaming taxes show slow signs of recovery in October

Voters endorse plans to bring casino gambling to four Virginia communities

Month-long national lockdown being contemplated for England

BOS applauds dismissal of Swedish horseracing levy proposal

PAGCor continuing to count the cost of coronavirus closures

Rank Group executive slams government’s latest coronavirus-related closures

Greentube Alderney Hit with £1 Million Fine by UKGC for AML and Social Responsibility Failures

New Casino Proposal in Tysons Sparks Fresh Debate in Virginia Legislature

France Weighs Online Casino Legalization to Address Illegal Market

Cambodia’s Casino Tax Revenue Jumps 85% in 2024 to $63.1 Million

Tipico Group Expands into Austria with Admiral Acquisition