United States
Macau, China
France
Philippines
Singapore
Netherlands
United Kingdom
Canada
Argentina
Germany
Estonia
Peru
Russia
Australia
South Africa
Nigeria
Malaysia
Singapore
India
Finland
China
Ukraine
Hong Kong
Cyprus
Turkey
Greece
Sweden
South Korea
Mexico
Poland
Ireland lottery results
New Zealand lottery results
Puerto Rico lottery results
Tax hike impacts OPAP bottom line
Greek lottery and sportsbetting games operator OPAP has released its interim financial results for the first three months of 2016 showing a 26.3% drop year-on-year in net profit due in large part to increased t...
Taxation
Easing of gaming tax proposed by lawmaker in Macau
In a note on Tuesday, Bernstein said that a proposal to lower gaming tax has been made by a Macau lawmaker in an attempt to increase the region’s competitiveness.
The tax change was recently proposed by Maca...
South Korea government rejects Jeju casino tax rate proposal
In South Korea, the national government has rejected a local proposal that would have seen the tax rate on gross gaming revenues for the eight casinos in the island province of Jeju double to 20%.
According ...
Iowa casino could lose its tax-exempt status
The Prairie Meadows Racetrack And Casino in Iowa could be about to lose its non-profit status following an 18-month investigation carried out by officials from the Internal Revenue Service (IRS).
According t...
Northwest Indiana casinos continue to impress
The five casinos in northwest Indiana continued their strong performance in April after posting a 3.2% increase year-on-year in monthly gaming revenues to $86.3 million despite a 2.1% decline in overall admissi...
Trio of casinos account for 16% of Detroit revenues
The American Gaming Association (AGA) has revealed that the $174.3 million contributed by the three casinos in Detroit last year accounted for an estimated 16% of the Michigan city’s total revenues.
Detroit ...
PAGCOR exceeds first-quarter earnings expectations
The state-run Philippine Amusement And Gaming Corporation (PAGCOR) has revealed that its net income for the first three months of 2016 rose by 11% year-on-year to reach $22.1 million.
PAGCOR operates 13 casi...
New Jersey hit with $33.5 million lawsuit for failing to keep its promise to Atlantic City
New Jersey Governor Chris Christie increased pressure for a state takeover of the nearly bankrupt Atlantic City earlier this month after instructing the commissioner of education to take Atlantic City to court,...
Permit request to reopen The Woodlands racetrack advanced by Kansas officials
With multiple conditions, approval was recommended for the reopening of The Woodlands as an electronic gaming venue, racetrack, and entertainment facility.
On Monday night, extensive public testimony was hea...
2015/Q1 2016 U.S. online gambling legislation update
In 2015 seven states in the U.S. considered legalizing online gambling, none of the bills got off the floor. Currently online casino games and poker are only available inside the borders of three states and one...
Tax break will aid Finger Lakes in ‘competition’ with new del Lago Casino
To compete with the $425 million del Lago Resort & Casino being built approximately a half hour away in Tyre, Seneca County, Finger Lakes Gaming and Racetrack will get a lower tax rate.
The Ontario Count...
Judge rules in favour of the Borgata Casino and allows four year appeal on Atlantic City property taxes
Atlantic City has accumulated a large amount of debt during the last decade due to the collapse of its once vibrant casino industry and owes millions in outstanding payments. The city’s biggest debtor right is ...
Iowa’s largest casino faces IRS review
Prairie Meadows’ nonprofit status is facing a federal review, raising big concerns for the state’s largest casino in Altoona.
Every year, Prairie Meadows Racetrack and Casino pays more than $14 million to pa...
Governor Chris Christie says casino expansion plans will fail if Atlantic City collapses
Latest Casino and Gambling News, Gaming Law & Legislation, Casino expansion projects, Economy/Finance, Taxation, New Jersey
1
The decision to move the casino industry outside of Atlantic City and set up two new casinos in North Jersey has been fiercely debated and will now be left up to New Jersey voters to decide their preference bef...
Nevada Gaming Commission does not require privately owned casinos to report public earnings anymore
Nevada’s casino industry generates billions of dollars for the state and is subjected to strict regulations that required all casinos to publically declare their earnings to ensure that their books are open to ...