Taxation | World Casino News

Macau Jockey Club operator hit with outstanding tax bill

March 22, 2018

Latest Casino and Gambling News, Horse Racing, Licenses, 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, Greece, Fines, Lawsuits & Litigation

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, Taxation, Sports betting, 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 ...

Ministry of Finance issues new regulations for Vietnam casinos

Adam Morgan

January 22, 2018

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

In Vietnam, the Ministry of Finance has reportedly issued new regulations that have been designed to ensure all of the nation’s casinos are run properly and correctly handle and record transactions for tax-coll...

Sports betting tax revenue soars past casinos in Tanzania

Kim M

January 3, 2018

Tanzania, Latest Casino and Gambling News, Taxation, Online Gambling News, Sports betting, Taxes

In Tanzania, taxes collected from gaming companies are expected to increase by 18 percent in Fiscal Year 2017/2018. The expected growth is reportedly due to an increase in the number of gaming companies involve...

Irish betting taxes to remain at 1% for 2018

Lars Jones

December 27, 2017

Ireland, Latest Casino and Gambling News, Horse Racing, Sports betting, Taxation, Indepth / Featured Articles

Ireland's Finance Minister Paschal Donohoe (pictured) has decided not to change the country's taxes on betting businesses for 2018 but will revisit the issue before announcing the budget for 2019. The minister ...

New tax initiative in Chihuahua to affect casinos, bookmakers and players

Kim M

December 6, 2017

Latest Casino and Gambling News, Mexico, Taxation

Bookmakers and casinos in Chihuahua will be assessed two new taxes standing at three percent and six percent, according to a recent announcement by Javier Corral Jurado, the Governor of the capital of the north...

Icahn gets initial nod for $5.6M grant to help demo former Trump Plaza

Kim M

November 23, 2017

Latest Casino and Gambling News, Casino News, Casino closures, Taxation, New Jersey

Preliminary approval for $5.6 million grant has been given to billionaire businessman Carl Icahn (pictured) by a New Jersey redevelopment agency to help cover a portion of the demolition cost of the shuttered T...

Macau profits from gaming taxes to the tune of $8.54 billion

Adam Morgan

October 25, 2017

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

In Macau, the government has reportedly revealed that direct taxes from gaming for the first nine months of 2017 rose by 17.5% year-on-year to hit $8.54 billion and account for some 80.9% of all state revenues....

Online gaming approved on Tinian

Alex Lanter

September 26, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Online gambling regulation, Taxation, Northern Mariana Islands

Online gaming on Tinian was, on Friday, Sept 22, 2017, officially approved by the Tinian and Aguiguan Legislative Delegation as a local measure amending the 1989 Casino Gaming Control Act of Tinian, local news ...

Georgia to offer gambling control contract

Lars Jones

September 22, 2017

Latest Casino and Gambling News, Taxation, Georgia-Eurasia

The Revenue Service of the Ministry of Finance of Georgia (RS) is inviting expressions of interest in the country's gambling control regimen. The Revenue Service seeks candidates or corporate groups interested ...

Valencia raises its gaming taxes

Kim M

September 18, 2017

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

Beginning next year, slot machines and casino games will reportedly see an increase in taxes courtesy of the government of Valencia. G3Newswire reports that the new rules in the autonomous community of Spain...

Puerto Rico slot operators criticize proposed license fee increase

Adam Morgan

August 7, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Taxation, Puerto Rico

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In Puerto Rico, the spokesman for a group of local electronic gaming machine operators has reportedly warned that the sector could lose up to 9,000 jobs over the course of the next few months if the government ...

New Jersey settles long-running Atlantic City casino tax appeal cases

Adam Morgan

August 4, 2017

Latest Casino and Gambling News, Taxation, Fines, Lawsuits & Litigation, New Jersey

In New Jersey, a state-appointed mediator has reportedly resolved a series of long-running casino tax appeal cases after agreeing to settlement deals with seven Atlantic City casinos. According to a report f...

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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

Ministry of Finance issues new regulations for Vietnam casinos

Sports betting tax revenue soars past casinos in Tanzania

Irish betting taxes to remain at 1% for 2018

New tax initiative in Chihuahua to affect casinos, bookmakers and players

Icahn gets initial nod for $5.6M grant to help demo former Trump Plaza

Macau profits from gaming taxes to the tune of $8.54 billion

Online gaming approved on Tinian

Georgia to offer gambling control contract

Valencia raises its gaming taxes

Puerto Rico slot operators criticize proposed license fee increase

New Jersey settles long-running Atlantic City casino tax appeal cases

Marina Bay Sands Penalized for Breaching Singapore Casino Promotion Rules

Macau Casinos Achieve Record Post-Pandemic Gaming Revenues in July 2024

Tribal Gaming Revenue Hits Record $43.9 Billion in 2024

Star Entertainment’s Queen’s Wharf Sale Collapses, Company Faces Financial Strain

Tilman Fertitta Pauses Las Vegas Casino Development Due to Wynn Ownership