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September success for New Jersey’s sportsbetting market

October 16, 2019

Latest Casino and Gambling News, Economy/Finance, Sports betting, Taxation, Online Gambling News, Taxes, New Jersey

Online and land-based sportsbooks in New Jersey saw their aggregated handle for September increase by 142% year-on-year to hit $445.6 million while the sector’s comparable combined revenues for the 30-day perio...

Tasmania planning to introduce 15% point-of-consumption gaming tax

Adam Morgan

October 11, 2019

Gaming Law & Legislation, Australia, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Horse Racing, Taxation, Sports betting, Online Gambling News, Taxes

In Australia and the small southern state of Tasmania is reportedly set to introduce a 15% point-of-consumption tax on all net gaming revenues in hopes of bringing in about $3.4 million every year to help run a...

Tax avoidance allegations lead to shuttering of Philippines iGaming operator

Adam Morgan

September 26, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, The Players Lounge, Online Gambling News, Taxation, Licensing, Philippines

The government of the Philippines has reportedly shut down one of the nation’s largest offshore-facing online gambling operators over allegations that the firm has been failing to pay the appropriate amount of ...

Norfolk authorizes land deal for envisioned Virginia tribal casino

Adam Morgan

September 25, 2019

Virginia, Casino proposals, Casino News, Latest Casino and Gambling News, Tribal Gaming, New Hotels, Gaming Industry News, Economy/Finance, Licenses, Taxation, Mergers, Acquisitions & Partnerships

In Virginia and the city council for Norfolk has reportedly authorized an agreement that is set to give the federally-recognized Pamunkey Indian Tribe a five-year option on purchasing a 13.25-acre plot of downt...

Philippines getting tough on POGO license holders’ tax arrears

Adam Morgan

September 16, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation, Licensing, Philippines

In the Philippines and the nation’s Finance Secretary has reportedly made good on an official pledge to crack down on all licensed online gambling operators found not to be paying the appropriate amount of tax....

Oklahoma secures outside help for tribal gaming compact renegotiations

Adam Morgan

September 16, 2019

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

The Attorney General for Oklahoma has reportedly secured the services of a highly respected Michigan law firm as his office endeavors to renegotiate its gaming compacts with the state’s many casino-operating tr...

Macau posts 1.5% comparable rise in eight-month tax revenues from gaming

Adam Morgan

September 13, 2019

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

The government of Macau has reportedly announced that it recorded a 1.5% increase year-on-year in combined tax revenues from gaming for the eight months to the end of August to approximately $9.48 billion. A...

New report casts doubts on efficacy of Illinois casino expansion plan

Adam Morgan

September 13, 2019

Latest Casino and Gambling News, Economy/Finance, Lottery, Horse Racing, Taxation, Sports betting, Illinois

In Illinois and an official report has reportedly cast considerable doubts on whether the state’s plan to license up to six additional casinos and bring gaming tables and sportsbetting to its horseracing tracks...

Investigation determines that Illinois would benefit from airport slots

Adam Morgan

August 19, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Economy/Finance, Taxation, Illinois

In Illinois and an official feasibility study has reportedly determined that the state could earn up to $18.5 million every year by bringing a complement of around 500 slots to O'Hare International Airport and ...

Genting Singapore Limited second-quarter results draw analyst concern

Adam Morgan

August 5, 2019

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

A trio of brokerages has reportedly expressed unease over a recent revelation from Asian casino operator, Genting Singapore Limited, that its second-quarter net profit had dropped by some 5.2% year-on-year to a...

Oklahoma tribes united against plan to hike exclusivity fees

Adam Morgan

July 25, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Economy/Finance, Sports betting, Taxation, Mergers, Acquisitions & Partnerships, Oklahoma

The majority of the casino-operating tribes in Oklahoma are reportedly united in their antagonism towards a recent call from the state’s new Republican governor that they should be asked to pay a higher range o...

PAGCor disputes Casino Filipino Manila Bay debt allegations

Adam Morgan

July 25, 2019

Latest Casino and Gambling News, Casino News, Economy/Finance, Taxation, Mergers, Acquisitions & Partnerships, Philippines

The Philippines' state-owned gaming regulator has reportedly rubbished claims that its Casino Filipino Manila Bay facility had run up aggregated debts of over $41.35 million in the five years to the end of 2018...

New South Wales’ electronic gaming machine market see rise

Adam Morgan

May 23, 2019

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

The government for New South Wales has published official figures showing that the final six months of 2018 had seen electronic gaming machines in the Australian state record an almost 2.3% rise year-on-year in...

PA Gaming Control Board reports $3.38m in tax revenue from fantasy contests; Rivers Casino fined $90k

Kim M

May 20, 2019

Latest Casino and Gambling News, Gaming Industry News, Taxation, Fines, Lawsuits & Litigation, Financial Press Releases, Pennsylvania

Fantasy contests in Pennsylvania generated $22,542,688 in the first 12 months of operation, which in turn, generated 3,381,403 in tax revenue for the northeastern U.S. state. The Pennsylvania Gaming Control ...

Casino entry fees increased in Singapore

Adam Morgan

May 7, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino expansion projects, New Hotels, Licenses, Taxation, Singapore

The government of Singapore has reportedly increased the daily entry fee locals must pay in order to gamble at one of the city-state’s two giant casinos by some 50% to slightly in excess of $110 while raising t...

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September success for New Jersey’s sportsbetting market

Tasmania planning to introduce 15% point-of-consumption gaming tax

Tax avoidance allegations lead to shuttering of Philippines iGaming operator

Norfolk authorizes land deal for envisioned Virginia tribal casino

Philippines getting tough on POGO license holders’ tax arrears

Oklahoma secures outside help for tribal gaming compact renegotiations

Macau posts 1.5% comparable rise in eight-month tax revenues from gaming

New report casts doubts on efficacy of Illinois casino expansion plan

Investigation determines that Illinois would benefit from airport slots

Genting Singapore Limited second-quarter results draw analyst concern

Oklahoma tribes united against plan to hike exclusivity fees

PAGCor disputes Casino Filipino Manila Bay debt allegations

New South Wales’ electronic gaming machine market see rise

PA Gaming Control Board reports $3.38m in tax revenue from fantasy contests; Rivers Casino fined $90k

Casino entry fees increased in Singapore

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

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

Caesars Launches First Branded Live Dealer Casino Studio in Cooperation with Evolution