Taxation | World Casino News

Borgata Hotel Casino And Spa reaches back-tax settlement with Atlantic City

February 16, 2017

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

After last year winning a court case against overly high taxes that had been imposed on its Borgata Hotel Casino And Spa property by officials in Atlantic City, American casino giant MGM Resorts International h...

Pennsylvania budget proposal contains $250 million in “gaming expansion” revenues

Adam Morgan

February 8, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Online Gambling News, Taxation, Fantasy Sports, Pennsylvania

The long-running debate on whether to legalize online casinos and daily fantasy sports wagering in Pennsylvania took an unexpected turn yesterday after governor Tom Wolf revealed that his budget proposal for th...

New gaming tax draws protests in Mexican state of Nuevo Leon

Adam Morgan

January 25, 2017

Latest Casino and Gambling News, Mexico, Taxation

In Mexico, local representatives from the ruling Institutional Revolutionary Party have reportedly formally asked the governor for the northern state of Nuevo Leon to halve the amount senior citizens must pay u...

Major changes could be in the works for Kenya in regard to gambling

Sadonna Price

January 24, 2017

Kenya, Latest Casino and Gambling News, Online gambling regulation, Unlicensed Operation, Licenses, Tax Evasion, Taxation

Last year, gambling legislation was being considered in Kenya that would have changed the industry, but the bill was not passed into law. Instead, tax provisions that had been included in the measure were place...

Gambling tax rates increase in Russia

Sadonna Price

January 23, 2017

Latest Casino and Gambling News, Taxation, Russia

The government website of Russia has been updated to show a new increase in gambling tax rates by the Russian Finance Ministry. These new tax rates apply to all taxable activities associated with gambling and c...

Pennsylvania legislators have until May to solve slot levy issue

Sadonna Price

January 22, 2017

Latest Casino and Gambling News, Taxation, Pennsylvania

In September of 2016, the Pennsylvania Supreme Court were given a 120 time frame in which to come up with a solution for the state tax levy on slot machines. Casinos of the state were paying $10 million or 2% o...

All betting operators in UK would be required to pay 10% of revenues over £500k

Sadonna Price

January 16, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Horse Racing, Taxation, United Kingdom

Beginning in April of this year, betting operators in the United Kingdom will have to provide 10% of race wagering revenues to the racing industry. Last Friday, Tracey Crouch, the Minister for Sports, Tourism a...

Philippines DOJ investigates allegations of Small Town Lottery tax evasion, begins online casino crackdown

Renee Kingsley

January 16, 2017

Latest Casino and Gambling News, Unlicensed Operation, Asian Casino News, Tax Evasion, Taxation, Philippines

Following investigations into lapses in the payment of taxes in small town lottery (STL) in the Philippines, the Department of Justice (DOJ) has decided to crack down on illegal online casinos. The move comes s...

Gaming expert recommends Macau lower casino tax rates

Adam Morgan

January 12, 2017

Latest Casino and Gambling News, Macau, Taxation

In Macau, a local gaming expert has reportedly recommended that the government should consider lowering the tax rate on VIP gaming revenues in order to ensure that the city’s casino industry remains competitive...

Sands Casino Bethlehem responds to criticism by DA

Sadonna Price

January 7, 2017

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

Just a few days ago, Northampton County District Attorney John Morganelli suggested that the Sands Casino Bethlehem was not acting appropriately by not paying a host community fee. Other casinos in the state ha...

Pennsylvania prosecutor wants Sands Casino Resort Bethlehem to Pay Host Fee

Sadonna Price

December 31, 2016

Latest Casino and Gambling News, Taxation, Pennsylvania

Over the past few weeks, several casinos in the state of Pennsylvania have agreed to pay a host fee to the host municipality despite a ruling back in September in which the fee amount was considered unconstitut...

Gambling taxes now account for almost 78% of all Macau government revenues

Adam Morgan

December 30, 2016

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

The government of Macau has reportedly revealed that it raked in $9.11 billion from gambling taxes over the first eleven months of 2016 with the amount accounting for some 77.8% of all revenues. According to...

Rivers Casino joins three other PA casinos and agrees to host community fee

Kim M

December 28, 2016

Gaming Law & Legislation, Latest Casino and Gambling News, Taxation, Fines, Lawsuits & Litigation, Pennsylvania

Rivers Casino officials and Mayor William Peduto’s (pictured) administration reached a final agreement this week to pay a $10 million local government assessment in 2017 after the City Council tentatively appro...

Pennsylvania Senator summons casino officials to Harrisburg Jan. 3

Lars Jones

December 25, 2016

Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, Economy/Finance, Taxation, Fines, Lawsuits & Litigation, Pennsylvania

Sen. Kim Ward, R-Westmoreland, has called on officials from Pennsylvania's 12 gambling concerns to meet in the Capital soon after the holidays. The senator says changes are needed in the state's gambling laws a...

Pagcor to control all online gambling licenses, clarifies Duterte ‘closures’

Lars Jones

December 24, 2016

Latest Casino and Gambling News, Online gambling regulation, The Players Lounge, Licenses, Online Gambling News, Taxation, Licensing, Philippines

Yesterday, the Philippine Amusement and Gaming Corp. (Pagcor) walked back a statement from the country's president that indicated all online gaming operators would be put out of business with no exceptions. And...

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Borgata Hotel Casino And Spa reaches back-tax settlement with Atlantic City

Pennsylvania budget proposal contains $250 million in “gaming expansion” revenues

New gaming tax draws protests in Mexican state of Nuevo Leon

Major changes could be in the works for Kenya in regard to gambling

Gambling tax rates increase in Russia

Pennsylvania legislators have until May to solve slot levy issue

All betting operators in UK would be required to pay 10% of revenues over £500k

Philippines DOJ investigates allegations of Small Town Lottery tax evasion, begins online casino crackdown

Gaming expert recommends Macau lower casino tax rates

Sands Casino Bethlehem responds to criticism by DA

Pennsylvania prosecutor wants Sands Casino Resort Bethlehem to Pay Host Fee

Gambling taxes now account for almost 78% of all Macau government revenues

Rivers Casino joins three other PA casinos and agrees to host community fee

Pennsylvania Senator summons casino officials to Harrisburg Jan. 3

Pagcor to control all online gambling licenses, clarifies Duterte ‘closures’

Regulatory Concerns Shake Philippine Online Gambling Sector; Stocks Take Hit

Evolution Expands into Rhode Island Through Bally’s Casino Deal

MLB Probes Guardians Pitcher Luis Ortiz Over Betting Concerns

California Attorney General Says Daily Fantasy Sports Are Illegal Gambling

Portugal’s Online Gambling Market Sees First Revenue Dip in Nearly Three Years