Taxation | World Casino News

Pennsylvania Governor Tom Wolf proposes 8% tax on free-play slot credits

February 11, 2016

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

Governor Tom Wolf of Pennsylvania unveiled his budget plans this week, for the 2016-2017 fiscal year. The plans were released even though Wolf and the legislators of the state have yet to come to an agreement o...

Advisory board wants Niagara Falls to stop using casino proceeds for budget

Kim M

February 10, 2016

Latest Casino and Gambling News, Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Taxation, New York

Monday was the second time the Niagara Falls Advisory Panel met with the City Council to deliver an urgent message, to stop using casino funds to balance the city’s budget. A meeting between Advisory Panel C...

Mohegan Sun Pocono Casino to be reassessed for new value

Sadonna Price

February 6, 2016

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

The Mohegan Sun Pocono Casino is set to be assessed by Coyle, Lynch & Company, a Pennsylvania based company who was hired by Luzerne County to determine the value of the property. A contract was posted by t...

Borgata Casino continues to push for tax refund resolution

Sadonna Price

February 5, 2016

Latest Casino and Gambling News, Economy/Finance, Taxation, New Jersey

The Borgata Hotel Casino & Spa of Atlantic City, New Jersey has been pushing for some time to see a resolution provided with city officials based on tax refunds. The refunds were due back in December, but t...

Dover to see new casino bailout legislation

Kim M

February 3, 2016

Latest Casino and Gambling News, Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Delaware, Taxation

In an attempt to gain more support from the legislature and ease the hit to the state’s wallet, changes within Sen. Brian Bushweller’s (D-Dover) latest casino bill would be implemented over the next four years ...

Republican Tyler Vorpagel pushes for Wisconsin to welcome Daily Fantasy Sports

Renee Kingsley

January 26, 2016

Online gambling regulation, Licenses, Taxation, Fantasy Sports, Wisconsin

Wisconsin has gambling laws in place that make it illegal for any sort of betting, lottery or gambling related operations but Republican Tyler Vorpagel believes that this law should not be applied to the Daily ...

New York State assemblyman Gary Pretlow wants online poker to be legalized

Renee Kingsley

January 25, 2016

Gaming Law & Legislation, U.S.A., Licenses, Taxation, Fantasy Sports, New York

New York State assemblyman Gary Pretlow has been pushing for the legalization of online poker in the state for the last couple of years and has continued his efforts in 2016 by reintroducing online poker bill A...

Cambodia’s gaming tax revenues increase by 35 percent in 2015

Renee Kingsley

January 15, 2016

Gaming Law & Legislation, Cambodia, China, Economy/Finance, Licenses, Asian Casino News, Taxation

Cambodia’s government went out of its way to welcome gambling providers into the country during the past few years and its liberal gambling laws have been successful in attracting major investors into its casin...

Indiana rolls out red carpet and invites FanDuel to re-locate headquarters

Renee Kingsley

January 6, 2016

U.S.A., Gaming Law & Legislation, Licenses, Taxation, Fantasy Sports, Indiana, Nevada, New York

A number of states including Nevada and New York came down heavily on the Daily Fantasy Sports (DFS) betting industry as legislators determined that DFS was similar to the casino industry and must be regulated....

Philippines NTRC look to impose $75 casino entry fee on Filipino nationals

Renee Kingsley

December 29, 2015

Gaming Law & Legislation, Macau, Taxation, Asian Casino News, Philippines, Singapore

The Philippines government was very eager to encourage foreign gambling establishments to set up new casinos in the country and capitalize on the decline of Macau’s gambling industry. However things haven’t wor...

The fight for Georgia; Money and power streaming in on both sides of gambling debate

Lars Jones

December 26, 2015

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Economy/Finance, Poker, Licenses, Taxation, Georgia

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The U.S. state of Georgia is gearing up for a fight to decide gambling's future there. The fight will see titans battle for the hearts, minds, and possibly pocketbooks (political campaigns) of lawmakers in the ...

Omnibus spending bill kept $1 billion in tax breaks, preserved casino REITs

Lars Jones

December 26, 2015

Las Vegas, Casino News, Latest Casino and Gambling News, U.S.A., Economy/Finance, Taxation, Bankruptcy, Nevada

On December 18 the House and Senate passed a $1.1 trillion omnibus tax & spending bill that averted a shutdown of the US government. President Obama signed it into law the same day. Included in the bill wer...

Illinois Supreme Court slaps $3 million in back-taxes on Rivers Casino

Renee Kingsley

December 24, 2015

U.S.A., Casino News, Gaming Law & Legislation, Gaming Industry News, Taxation, Illinois

The Illinois Supreme Court has ordered the owners of Rivers Casino in Des Plaines to pay around $3 million in back taxes to Cook County. In a separate ruling, they will also have to pay taxes of about $1 millio...

Three casino licenses awarded in Upstate New York; Lago, Montreign, Rivers

Lars Jones

December 22, 2015

Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, New Hotels, Brick-n-Mortar Poker Rooms, Casino project updates, Economy/Finance, Licenses, Taxation, New York

Monday December 21, 2015 finally saw New York state gambling regulators award three of seven potential full casino licenses for the state. A fourth license is expected to be issued to Tioga Downs later, along w...

Payouts long halted, House bill OKs $1 billion for Illinois lottery

Kim M

December 7, 2015

Casino News, Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Economy/Finance, Lottery, Taxation, Illinois

A package that will allocate special funds totaling more than $3 billion to help communities maintain 911 telephone systems and pay for snow removal was approved by Illinois lawmakers on Wednesday. Republica...

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Pennsylvania Governor Tom Wolf proposes 8% tax on free-play slot credits

Advisory board wants Niagara Falls to stop using casino proceeds for budget

Mohegan Sun Pocono Casino to be reassessed for new value

Borgata Casino continues to push for tax refund resolution

Dover to see new casino bailout legislation

Republican Tyler Vorpagel pushes for Wisconsin to welcome Daily Fantasy Sports

New York State assemblyman Gary Pretlow wants online poker to be legalized

Cambodia’s gaming tax revenues increase by 35 percent in 2015

Indiana rolls out red carpet and invites FanDuel to re-locate headquarters

Philippines NTRC look to impose $75 casino entry fee on Filipino nationals

The fight for Georgia; Money and power streaming in on both sides of gambling debate

Omnibus spending bill kept $1 billion in tax breaks, preserved casino REITs

Illinois Supreme Court slaps $3 million in back-taxes on Rivers Casino

Three casino licenses awarded in Upstate New York; Lago, Montreign, Rivers

Payouts long halted, House bill OKs $1 billion for Illinois lottery

Wazdan Expands Reach with Filipino Market Entry, Boasts EGR North America Awards Nominations

Aristocrat Leisure Ltd Reports Strong H1 Performance with Revenue Growth and Increased Dividend

Betting on Women’s Sports Surges with Star Power Like Caitlin Clark

Online Gambling Market Growth To Reach $35 Billion by 2029

Star Entertainment Group Deemed Unfit for Casino Licence, Inquiry Reveals