Taxation | World Casino News

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

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

Las Vegas, Latest Casino and Gambling News, 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

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

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

Hollywood Casino continues to fight Bangor property taxes

Sadonna Price

November 1, 2015

Latest Casino and Gambling News, Taxation, Maine

The Hollywood Casino, located in Bangor, Maine, has been fighting for some time against the state due to property taxes. The casino believes the city has overvalued their properties and leases by a large number...

Scarlet Pearl Casino brings progress to D’Iberville before it opens December 9

Lars Jones

October 27, 2015

Latest Casino and Gambling News, Casino News, New Hotels, Casino project updates, Economy/Finance, Taxation, Mississippi

Although the development company hasn't made a major media announcement, electronic billboards in D'Iberville, Mississippi are announcing that Scarlet Pearl Casino will open on December 9th. Even before the $30...

West Virginia greyhound racing attendance plummets – purses bolstered by casinos

Lars Jones

October 22, 2015

Gaming Law & Legislation, Economy/Finance, Taxation, West Virginia

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Spectrum Gaming released an updated report on October 19th that showed a decline in attendance at one West Virginia greyhound track from 929,000 in 1983 to only 13,000 in 2013. The report was commissioned by t...

Divi Carina Bay pays St. Croix AG nearly $.5 million “in good faith” to avoid closure

Lars Jones

October 17, 2015

Latest Casino and Gambling News, Casino News, St. Croix, World Casino News, Economy/Finance, Taxation, Fines, Lawsuits & Litigation

Although Treasure Bay VI Corp., owners of Divi Carina Bay Resort & Casino in Christiansted, St. Croix, Virgin Islands, don't agree that they currently owe the government there any money, they have made a go...

Georgia Governor may support casino bill – for a price

D. Graham

October 12, 2015

Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Employment & Careers, Taxation, Georgia

According to an exclusive interview, reporters for The Atlanta Journal-Constitution (AJC) have disclosed that Georgia Governor Nathan Deal might support the legislature’s current casino bill – if the bill’s fea...

City council to vote on development plan for the new Biloxi Pointe Resort Casino

D. Graham

October 5, 2015

Casino proposals, Casino News, Latest Casino and Gambling News, New Hotels, World Casino News, North America Casino News, Casino project updates, Gaming Industry News, Taxation, Mississippi

A plan to complete the East Biloxi Loop extension road will be reviewed and put to a vote by the Biloxi City Council Tuesday October 6. This access road is critical for the construction of the city’s ninth and ...

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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

Hollywood Casino continues to fight Bangor property taxes

Scarlet Pearl Casino brings progress to D’Iberville before it opens December 9

West Virginia greyhound racing attendance plummets – purses bolstered by casinos

Divi Carina Bay pays St. Croix AG nearly $.5 million “in good faith” to avoid closure

Georgia Governor may support casino bill – for a price

City council to vote on development plan for the new Biloxi Pointe Resort Casino

Malik Beasley Under Federal Scrutiny for Alleged NBA Gambling Ties

VNLOK and NOGA Merge to Form Single Voice for Dutch Online Gambling

Vietnam Approves $2 Billion Casino-Resort in Van Don

Hacksaw Gaming Expands in Italy with Sportbet; Launches Le King Slot

Thai Government Puts Off Casino Bill Debate Amid Rising Opposition