Taxation | World Casino News

Goa substantially increases casino licensing fees

August 16, 2016

Latest Casino and Gambling News, India, Taxation

In India, the government for the small state of Goa has passed legislation that considerably increases the license fees for land-based casinos while introducing two new offshore casino licensing categories. ...

Ohio lawmaker wants to change casino tax money allocation

Adam Morgan

August 16, 2016

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

In Ohio, a local lawmaker has announced that he intends to unveil a proposal during the autumn legislative session that would change the way tax revenues from the state’s four casinos are shared out. Under t...

Stalled Baha Mar Casino Resort caused the Bahamas to lose over $315 million in revenue

Renee Kingsley

August 16, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Casino project updates, Bahamas, Employment & Careers, Taxation, Fines, Lawsuits & Litigation

Sarkis Izmirlian and his group of financial investors pumped in $3.5 billion to develop the Baha Mar Casino Resort in the Bahamas and initially expected the casino resort to be opened in December 2014. The mega...

Tax holiday set to end for Entertainment City casinos

Adam Morgan

August 13, 2016

Latest Casino and Gambling News, Taxation, Philippines

After previously taking aim at the online gambling sector, the administration of newly-elected Philippine President Rodrigo Duterte has now turned his attention to the nation’s land-based casino industry by ann...

Gaming Commission Chairman believes Massachusetts will benefit greatly from its two new casinos

Renee Kingsley

August 10, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Casino openings, Taxation, Massachusetts

While there has been a lot of debate and opposition to the proposed MGM Springfield and Wynn Boston Harbor casinos in Massachusetts, Steve Crosby the Gaming Commission Chairman remains confident that the casino...

Best Sunshine Live Casino responsible for generating significant revenue for CNMI government

Renee Kingsley

August 4, 2016

Latest Casino and Gambling News, Economy/Finance, Taxation, Northern Mariana Islands, Saipan

The Best Sunshine Live Casino located in Saipan which is a part of the Commonwealth of the Northern Mariana Islands (CNMI) has been open for just over a year and has already contributed a significant amount of ...

Arizona tribal casino contributions fall for second consecutive quarter

Adam Morgan

August 3, 2016

Latest Casino and Gambling News, Tribal Gaming, Arizona, Taxation

The Arizona Department Of Gaming has announced that public bodies in the state can expect to receive just over $25 million in contributions from tribal gaming operations for the second quarter of the year, whic...

Saipan casino commission reps tell House, wrong timing for 10% gaming tax

Kim M

July 14, 2016

Latest Casino and Gambling News, Taxation, Saipan

The House Committee on Commerce and Tourism was told by the Commonwealth Casino Commission on Tuesday that it’s not the appropriate time to impose a tax of 10 percent on the local casino industry in Saipan. ...

Cautious optimism for Cripple Creek casinos

Adam Morgan

July 13, 2016

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

Casinos in the small Colorado town of Cripple Creek are reportedly cautiously optimistic about the future after the latest monthly figures revealed that they could be about to record their best year since 2004....

Ohio casino tax contributions top $1 billion

Adam Morgan

July 13, 2016

Latest Casino and Gambling News, Taxation, Ohio

The four land-based casinos in Ohio have contributed just over $1 billion in tax to the Midwestern state’s cities, counties, schools and agencies since opening in 2012 and 2013 including $65.31 million in the t...

Philippines casino operator owes over $327 million in unpaid tax

Adam Morgan

July 11, 2016

Latest Casino and Gambling News, Taxation, Philippines

An investigation from the state-run Commission On Audit (COA) has reportedly found that the Philippine Amusement And Gaming Corporation owes the government just over $327 million as a result of an under-remitta...

Fate of online gambling bill remains uncertain; Pennsylvania Gov. to let $31B budget become law

Kim M

July 11, 2016

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

The fate of the state’s online gambling bill that sits in the Senate is no closer to being decided, as Pennsylvania Governor Tom Wolf announced Sunday night that he would let a $31 billion spending bill passed ...

Rivers Casino owner suing Pennsylvania over local tax regime

Adam Morgan

July 9, 2016

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

The owner of Rivers Casino is suing the Pennsylvania Department Of Revenue in order to challenge a local share tax that it has paid to Allegheny County and the city of Pittsburgh since opening in 2009. Accor...

Area counties benefit from Upstate New York casino fees

Kim M

July 6, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Licenses, Taxation, New York

According to a recent news release by Governor Andrew Cuomo’s office, 22 counties, and municipalities throughout upstate New York will benefit from $30 million in casino license fees paid by the state’s newly l...

KPMG releases Gibraltar eGaming Summit report

Lars Jones

June 30, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Technology, Economy/Finance, Conferences / Trade Shows, Taxation, Gibraltar

The KPMG eGaming Summit was held at the Sunborn Hotel in Gibraltar on 21st April, and featured about 30 keynote speakers and 250 delegates. KPMG has now released a 52 page report which covers the various panel ...

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Goa substantially increases casino licensing fees

Ohio lawmaker wants to change casino tax money allocation

Stalled Baha Mar Casino Resort caused the Bahamas to lose over $315 million in revenue

Tax holiday set to end for Entertainment City casinos

Gaming Commission Chairman believes Massachusetts will benefit greatly from its two new casinos

Best Sunshine Live Casino responsible for generating significant revenue for CNMI government

Arizona tribal casino contributions fall for second consecutive quarter

Saipan casino commission reps tell House, wrong timing for 10% gaming tax

Cautious optimism for Cripple Creek casinos

Ohio casino tax contributions top $1 billion

Philippines casino operator owes over $327 million in unpaid tax

Fate of online gambling bill remains uncertain; Pennsylvania Gov. to let $31B budget become law

Rivers Casino owner suing Pennsylvania over local tax regime

Area counties benefit from Upstate New York casino fees

KPMG releases Gibraltar eGaming Summit report

Las Vegas Tourism Shows Mixed November Trends as Formula One Impact Wanes

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Paradise Co Reports KRW818.8B Revenue in 2024, Signaling Strong Growth

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Ohio Sports Betting Surpasses $1 Billion in November 2024