Taxation | World Casino News

United Kingdom government to drastically cut maximum FOBTs stakes

May 17, 2018

Gaming Law & Legislation, Latest Casino and Gambling News, The Players Lounge, Sports betting, Taxation, United Kingdom

In hopes of helping to stamp out problem gambling, the government of the United Kingdom has reportedly announced that it is planning to reduce the maximum single stake for the nation’s over 34,000 fixed-odds be...

Chilean casinos record reduced revenues for March

Adam Morgan

May 7, 2018

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

In Chile, the nation’s gambling regulator has announced that aggregated gross gaming revenues for March fell by almost 1% year-on-year to stand at slightly in excess of $42.79 million while the growth rate over...

Majority of Goa casinos pay increased license fees

Adam Morgan

May 7, 2018

Latest Casino and Gambling News, India, Licenses, Taxation

In India, the government for the small state of Goa has reportedly collected around $29.75 million from eleven of the area’s casinos after the venues begrudgingly agreed to pay a range of increased fees for the...

British bookmakers see stock values tumble amid FOBTs speculation

Adam Morgan

April 25, 2018

Latest Casino and Gambling News, Gaming Law & Legislation, The Players Lounge, Taxation, United Kingdom

In the United Kingdom, yesterday reportedly saw the combined value of a trio of the nation’s largest bookmakers drop by more than £1 billion ($1.39 billion) after rumors emerged that the government is preparing...

Governor Rick Scott agrees Seminole Tribe of Florida gambling deal

Adam Morgan

April 23, 2018

Tribal Gaming, Latest Casino and Gambling News, Gaming Law & Legislation, Licenses, Florida, Taxation

The Republican Governor for Florida, Rick Scott (pictured), has reportedly agreed a deal that would continue to give the Seminole Tribe of Florida the exclusive rights to offer banked card games such as blackja...

Goa government may reconsider casino tax hike

Kim M

April 9, 2018

Latest Casino and Gambling News, India, Licenses, Taxation

Having approved a revised fee structure effective April 1 subjecting Goa’s casino industry to levies for the financial year 2018-19, which are as much as 4.5 times greater than the hikes casinos dealt with the ...

Japan lawmakers agree on tax rate, limit casino resorts to three

Lars Jones

April 2, 2018

Latest Casino and Gambling News, Gaming Law & Legislation, Japan, Taxation

An agreement has been reached in Japan between the ruling Liberal Democratic Party (LDP) and allied Komeito party for a flat integrated resort casino (IR) tax rate and to limit the number of IRs in the country ...

New York Governor ‘not sympathetic’ to upstate casino’s plea for tax help

Adam Morgan

March 29, 2018

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Economy/Finance, Taxation, New York

New York Governor Andrew Cuomo (pictured) has reportedly dismissed any suggestion he may support a revised tax deal for the Del Lago Resort and Casino by declaring that the state should not ‘get into the busine...

Del Lago Resort and Casino seeking better tax deal

Adam Morgan

March 28, 2018

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Economy/Finance, Taxation, New York

In upstate New York, the Del Lago Resort and Casino is reportedly asking lawmakers for a better tax deal in order offset lower than expected revenues it believes are down to increased and unfair competition fro...

Federal authorities attempting to seize Pojoaque Pueblo bank account

Adam Morgan

March 27, 2018

Latest Casino and Gambling News, Tribal Gaming, Taxation, Fines, Lawsuits & Litigation, New Mexico

1

In New Mexico, the federal government is reportedly trying to seize a bank account of the casino-operating Pojoaque Pueblo containing money the tribe earned while resolving its over two-year gambling compact di...

Kindred Group prevails in Belgium

Adam Morgan

March 26, 2018

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Belgium, Taxation, Online Gambling News

Kindred Group triumphed in front of the Constitutional Court of Belgium on Thursday by overturning a 2016 provision that had required all online gaming operators to pay a 21% value-added tax on any services the...

Macau Jockey Club operator hit with outstanding tax bill

Adam Morgan

March 22, 2018

Latest Casino and Gambling News, Licenses, Horse Racing, Taxation, Macau

Less than a month after the Macau Horse Racing Company Limited won the right to continue operating the Macau Jockey Club until 2042 and it has reportedly been revealed that the firm owes the government of Macau...

Operations at Club Casino Loutraki ordered suspended following tax standoff

Kim M

March 9, 2018

Latest Casino and Gambling News, Casino closures, Taxation, Fines, Lawsuits & Litigation, Greece

Situated in the seaside resort of Loutraki in Corinthia, Greece, Club Casino Loutraki has been closed for business by the Hellenic Gaming Commission for reportedly failing to pay €250,000 in gaming taxes accumu...

Nepal govt issues tax-defaulting casinos three-day ultimatum; report

Kim M

March 6, 2018

Latest Casino and Gambling News, Taxation, Nepal, Fines, Lawsuits & Litigation

In Nepal on Monday, three reportedly tax-defaulting casinos and two mini-casinos were served with a three-day ultimatum by the Department of Tourism to either pay what’s owed or face legal action. The Kathma...

GVC Holdings hit with Greek tax bill

Adam Morgan

January 26, 2018

Latest Casino and Gambling News, Sports betting, Taxation, Greece

Online gambling firm GVC Holdings has reportedly set aside some €200 million ($248.6 million) from its 2017 results after unexpectedly being asked by the government of Greece to pay a tax bill of around €186.7 ...

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United Kingdom government to drastically cut maximum FOBTs stakes

Chilean casinos record reduced revenues for March

Majority of Goa casinos pay increased license fees

British bookmakers see stock values tumble amid FOBTs speculation

Governor Rick Scott agrees Seminole Tribe of Florida gambling deal

Goa government may reconsider casino tax hike

Japan lawmakers agree on tax rate, limit casino resorts to three

New York Governor ‘not sympathetic’ to upstate casino’s plea for tax help

Del Lago Resort and Casino seeking better tax deal

Federal authorities attempting to seize Pojoaque Pueblo bank account

Kindred Group prevails in Belgium

Operations at Club Casino Loutraki ordered suspended following tax standoff

Nepal govt issues tax-defaulting casinos three-day ultimatum; report

GVC Holdings hit with Greek tax bill

Bally’s $300M Star Investment at Risk Over AUSTRAC Penalty

Regulatory Concerns Shake Philippine Online Gambling Sector; Stocks Take Hit

Evolution Expands into Rhode Island Through Bally’s Casino Deal

The Venetian Resort Settles EEOC Religious Discrimination Lawsuit

MLB Probes Guardians Pitcher Luis Ortiz Over Betting Concerns