Taxation | World Casino News

Gaming expert recommends Macau lower casino tax rates

January 12, 2017

Latest Casino and Gambling News, Taxation, Macau

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...

Poland Legislators Approve Gambling Law Amendments

Alex Lanter

December 23, 2016

Gaming Law & Legislation, Online gambling regulation, Taxation, Poland

The much-debated amendments to Poland’s Gambling Act have finally been approved by the legislative chambers of the Polish parliament and all that’s left now for the bill to be passed is a signature from Preside...

Philippines president orders Jack Lam’s assets seized

Sadonna Price

December 19, 2016

Latest Casino and Gambling News, Economy/Finance, Tax Evasion, Taxation, Philippines

Rodrigo Duterte, the president of the Philippines, has ordered that all gaming assets of Jack Lam Yin Lok be seized. This order was issued after Lam allegedly failed to pay the correct taxes. Local media is rep...

Most Pennsylvania casinos have agreed to pay host fee in absence of new legislation

Renee Kingsley

December 19, 2016

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

The Parx Casino in Bensalem recently announced that it will continue to give its host communities their casino fees in 2017 irrespective of whether state legislators can keep their promise to restore the host f...

Idaho horse racing on the rocks, racing commission with no spending authority

Lars Jones

December 15, 2016

Horse Racing, Latest Casino and Gambling News, Technology, Casino closures, Economy/Finance, Taxation, Idaho, Bankruptcy

A legislative audit earlier this week stated that the Idaho Racing Commission ran afoul of the law when it disbursed funds from the now shuttered Les Bois Park's historical/instant racing machines. The race tra...

Indiana tax revenue may suffer $350m loss from tribal casino

Alex Lanter

December 14, 2016

Casino proposals, Tribal Gaming, Economy/Finance, Taxation, Indiana

According to a report from global independent research agency Spectrum Gaming Group (SGG), the upcoming Four Winds Casino in South Bend Indiana will cause a $350 million hit on Indiana’s tax revenues during its...

Cancun visitors to pay new 10 percent gaming tax

Lars Jones

December 12, 2016

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

New taxes in the Mexican state of Quintana Roo, which includes the leisure and gambling destinations of Cancun and Playa del Carmen, have been approved by the congress there. Included in the revenue package was...

Strike brings Argentina casino sector to a halt

Adam Morgan

December 7, 2016

Latest Casino and Gambling News, Argentina, Gaming Industry News, Taxation

Casino gaming in Argentina has been brought to a virtual standstill after three unions joined forces on Monday to call an indefinite strike in protest at the possible introduction of new taxes currently being c...

Japan’s lower house passes casino bill; Expected to be signed into law by Dec. 14

Lars Jones

December 6, 2016

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

Japan has taken another major step toward lifting the country's ban on casinos and opening what could become one of the world's most lucrative gaming markets. On Tuesday, the lower house of the Diet (parliam...

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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’

Poland Legislators Approve Gambling Law Amendments

Philippines president orders Jack Lam’s assets seized

Most Pennsylvania casinos have agreed to pay host fee in absence of new legislation

Idaho horse racing on the rocks, racing commission with no spending authority

Indiana tax revenue may suffer $350m loss from tribal casino

Cancun visitors to pay new 10 percent gaming tax

Strike brings Argentina casino sector to a halt

Japan’s lower house passes casino bill; Expected to be signed into law by Dec. 14

Macau Gaming Revenue Soars With Record August Forecasts

Nevada Raises Concerns Over FanDuel’s CME Prediction Market Partnership

ED Probes MLA Veerendra’s Foreign Casino Connections

Team King Finalizes IPI Casino Asset Purchase Amid Lingering Questions

VGW to Exit Canada: Chumba Casino and Global Poker Shutting Down This Fall