Taxation

Isle of Man Gambling Regulator Grapples with £778K Revenue Shortfall

Johnny K.
Isle of man, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, European Casino News, Licenses, Taxation
The Isle of Man’s Gambling Supervision Commission (GSC) has projected a substantial funding gap of £778,000 for the 2025-26 fiscal year, pointing to a steep decline in both new and existing gaming licenses as t...

Senate Budget Would Boost UNC and NC State Funding, Mandate In-State Games

Johnny K.
Latest Casino and Gambling News, U.S.A., Gaming Law & Legislation, North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Taxation, Sports betting, North Carolina
North Carolina lawmakers are moving forward with a sweeping budget plan that could significantly transform how sports betting revenue is taxed and distributed, particularly benefiting the state’s flagship publi...

North Carolina Bill Seeks to Boost High School Coaches’ Pay Using Sports Betting Revenue

Johnny K.
Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Taxation, Online Gambling News, Sports betting, North Carolina
Lawmakers in North Carolina have introduced a new measure aimed at addressing financial challenges faced by high school athletic coaches. Senate Bill 657, also known as the "Keeping Our Coaches Act," proposes a...

Bipartisan Effort to Eliminate Outdated Sports Betting Tax Gains Momentum

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Gaming Industry News, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Sports betting, Taxation, Taxes
In a persistent move to modernize sports betting regulations, bipartisan co-chairs of the Congressional Gaming Caucus, Democratic Representative Dina Titus of Nevada and Republican Representative Guy Reschentha...

New Jersey’s Proposed Tax Hike on Online Gambling Sparks Industry Backlash

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Taxation, Taxes, New Jersey
In a bold fiscal move, New Jersey Governor Phil Murphy has proposed significant tax increases on online sports betting and internet gambling, sparking widespread concern among casinos and betting firms. The pro...

FDJ Navigates Challenges with Strategic Initiatives Amid Regulatory Changes

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Online Gambling News, Taxation, France, Sports betting, Taxes, Financial Press Releases
La Française des Jeux (FDJ), a leading name in the European betting and gaming landscape, has reported a robust performance for the year 2024. The company's revenue soared to €3,065 million, marking a significa...

SkyCity Entertainment Resolves Long-Running South Australian Tax Dispute with AU$38.1 Million Settlement

Vanja Mitic
Latest Casino and Gambling News, Casino News, Australia, Casino Destinations, Gaming Law & Legislation, World Casino News, Gaming Industry News, Taxation, Fines, Lawsuits & Litigation
SkyCity Entertainment Group has successfully reached a resolution with the South Australian government, bringing an end to a prolonged and complicated legal and tax dispute. The dispute, which revolved around t...