Taxation | World Casino News

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

January 6, 2016

Gaming Law & Legislation, U.S.A., 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

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

Latest Casino and Gambling News, U.S.A., Las Vegas, Casino News, 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

Gaming Law & Legislation, U.S.A., Casino News, 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

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, New Hotels, Casino project updates, Brick-n-Mortar Poker Rooms, 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

Latest Casino and Gambling News, Casino 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...

OPAP sues Greek government over VLT changes

Lars Jones

November 28, 2015

Latest Casino and Gambling News, World Casino News, Licenses, Taxation, Fines, Lawsuits & Litigation, Greece

On the heels of a nearly 8% dip in earnings for the third quarter and a new tax the company expects to lower revenues even more, Greek gambling monopoly OPAP will sue the government there for imposing new restr...

OPAP plans to fight Greece’s new tax law; doesn’t mind keeping the online gaming monopoly

Alex Lanter

November 23, 2015

Latest Casino and Gambling News, European Casino News, Taxation, Greece

Greece plans to raise an additional €300 million to €400 million in annual tax revenue by imposing a new five Euro-cent tax on OPAP’s sports betting and lottery products. However, OPAP is far from happy with th...

Lucky Dragon Casino lender’s crap shoot comes up snake-eyes in Las Vegas

Lars Jones

November 19, 2015

Latest Casino and Gambling News, Las Vegas, New Hotels, Casino project updates, Economy/Finance, Taxation, Nevada

Developers of the Lucky Dragon Hotel & Casino, under construction near the north end of the Las Vegas Strip were denied their request for a chance to come back to city leaders with a specific plan that woul...

Lucky Dragon Casino lender rolls the dice with Las Vegas Redevelopment Agency

Lars Jones

November 17, 2015

Latest Casino and Gambling News, Las Vegas, Casino News, Casino project updates, Economy/Finance, Taxation, Nevada

The Lucky Dragon Hotel & Casino is set to ask Las Vegas city leaders for tax increment financing (TIF) approval on Wednesday, November 18th. They say their lenders will not create additional loan facilities...

Senator Bridget McKenzie wants share of Aussie gambling tax

Kim M

November 12, 2015

Gaming Law & Legislation, Australia, Casino News, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Online Gambling News, Taxation, Oceania Casino News

With the federal government struggling with a massive overspending problem, a tax windfall has been proposed on Australian gambling companies by Senator Bridget McKenzie. The National Party of Australia memb...

Jeju Sun Casino operations suspended one month

Lars Jones

November 11, 2015

Latest Casino and Gambling News, Casino closures, Taxation, Fines, Lawsuits & Litigation, South Korea

Bloomberry's Jeju Sun Hotel and Casino has been ordered to suspend gaming operations at its South Korean operations for one month beginning November 16, according to a filing with the Philippine Stock Exchange....

Atlantic City bill aimed at casino tax fight vetoed by Christie

Kim M

November 10, 2015

Casino News, Latest Casino and Gambling News, Gaming Industry News, Taxation, New Jersey

A bill that would have ended property-tax fights between casinos and Atlantic City was conditionally vetoed by New Jersey Governor Chris Christie. The governor wants the bill altered to help stabilize the strug...

Time running out for Christie to act on casino bills

Lars Jones

November 7, 2015

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

Governor Chris Chistie of New Jersey has not yet said whether he will veto or sign into a law important legislation that would help struggling casinos in Atlantic City. New Jersey law dictates that the governor...

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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

OPAP sues Greek government over VLT changes

OPAP plans to fight Greece’s new tax law; doesn’t mind keeping the online gaming monopoly

Lucky Dragon Casino lender’s crap shoot comes up snake-eyes in Las Vegas

Lucky Dragon Casino lender rolls the dice with Las Vegas Redevelopment Agency

Senator Bridget McKenzie wants share of Aussie gambling tax

Jeju Sun Casino operations suspended one month

Atlantic City bill aimed at casino tax fight vetoed by Christie

Time running out for Christie to act on casino bills

Star Entertainment Faces Major Setback with Queen’s Wharf Sale as Financial Struggles Continue

Genting Casino Stratford Reopens with a Four-Day Celebration

Betfair Fined for Violating Australia’s Spam Laws and Failing VIP Customer Consent

Donaco Reports Decline in Q2 2025 Revenues Amid Border Dispute at Star Vegas

Georgia Lawmakers Reignite Long-Standing Gambling Legalization Debate