Taxation | World Casino News

Clark & Champaign counties; casino taxes flat

February 28, 2016

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

According to information from the Ohio Department of Taxation, (pdf) over the past two years casino revenue for Clark and Champaign counties has remained relatively flat. However, compared to 2013, revenue i...

AGA responds to Pennsylvania Govenor Tom Wolf’s new casino tax proposal

Sadonna Price

February 25, 2016

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

Pennsylvania Governor Tom Wolf has proposed a tax on casinos to bring in revenues and help the state's ailing budget. The American Gaming Association (AGA) does not agree with the proposal and let the governor ...

New legislation seeks to revise 2013 deal with Oneida Nation

Kim M

February 23, 2016

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

A proposed revision to the 2013 Oneida Settlement Agreement (pdf), which would mean more money for Madison County, New York, has leaders of Madison counties and Oneida feuding. If the bill is successful, Mad...

Expenditures of state gambling commission slammed by Pennsylvania Auditor General as governor eyes casinos for additional taxes

Kim M

February 22, 2016

Latest Casino and Gambling News, Casino News, North America Casino News, Gaming Industry News, Taxation, Pennsylvania

In his audit of Pennsylvania’s Gaming Control Board (PGCB), the state’s Auditor General, Eugene DePasquale (D) says that while significant improvements have been made by the commission since his last examinatio...

New Jersey lawmakers announce ‘intervention’ of Atlantic City

Sadonna Price

February 18, 2016

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

Lawmakers in the state of New Jersey have been trying for months now to figure out a way to assist Atlantic City, as the former booming gambling town has been struggling to remain afloat, almost in bankruptcy. ...

Michigan State earns $21.9 million from FireKeepers Casino in revenue-sharing payments

Kim M

February 18, 2016

Latest Casino and Gambling News, Tribal Gaming, Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Taxation, Financial Press Releases, Michigan

In 2015, the state of Michigan and area municipalities received $21.9 million in revenue-sharing payments from the FireKeepers Casino Hotel. That’s a 7.8 percent increase for the year totaling $16.6 million ...

Crown Resorts will go to court to fight new $362 million tax bill from Australian Tax Office

Renee Kingsley

February 18, 2016

Australia, Taxation, Nevada

The Australian Tax Office (ATO) caught billionaire James Packer’s Crown Resorts completely by surprise when it sent across an amended tax bill that hit them with $250 million in back taxes for the period betwee...

Over seven years casino tax bills shorted by $4.8 million by Washoe County

Kim M

February 12, 2016

Tribal Gaming, Casino News, Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Taxation, Nevada

Due to a miscalculation of a complicated gaming tax formula that was recently discovered, since 2009 local casinos have been under-billed by Washoe County; totaling nearly $5 million in shortages to local gover...

Macau and Las Vegas investors welcome to set up new casinos in Cambodia

Renee Kingsley

February 12, 2016

Cambodia, China, Macau, Taxation, Nevada

Macau and Las Vegas are two of the biggest casino hubs in the world, which makes the process of applying and getting approval for a casino license an extremely long one. The Cambodian government is hoping that ...

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

Sadonna Price

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 ...

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Clark & Champaign counties; casino taxes flat

AGA responds to Pennsylvania Govenor Tom Wolf’s new casino tax proposal

New legislation seeks to revise 2013 deal with Oneida Nation

Expenditures of state gambling commission slammed by Pennsylvania Auditor General as governor eyes casinos for additional taxes

New Jersey lawmakers announce ‘intervention’ of Atlantic City

Crown Resorts will go to court to fight new $362 million tax bill from Australian Tax Office

Macau and Las Vegas investors welcome to set up new casinos in Cambodia

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

Grand Traverse Band of Indians to Open Gaming Facility in Benzonia

UK Introduces £5 Online Slot Betting Cap and Statutory Levy to Tackle Gambling Addiction

Future of Macau’s Satellite Casinos Uncertain as Key Discussions Await New Government Leadership

VGCCC Strengthens Gambling Oversight in 2023–24 Annual Report

NCLGS Proposes Model iGaming Legislation with Sweeping Reforms and Sweepstakes Ban