Taxation

Latest Casino and Gambling News Economy/Finance Macau Taxation

May 25, 2016 0

In a note on Tuesday, Bernstein said that a proposal to lower gaming tax has been made by a Macau...

South Korea government rejects Jeju casino tax rate proposal

Latest Casino and Gambling News Taxation South Korea

May 24, 2016 0

In South Korea, the national government has rejected a local proposal that would have seen the tax rate on gross...

Iowa casino could lose its tax-exempt status

Latest Casino and Gambling News Taxation Iowa

May 13, 2016 0

The Prairie Meadows Racetrack And Casino in Iowa could be about to lose its non-profit status following an 18-month investigation...

Northwest Indiana casinos continue to impress

Latest Casino and Gambling News Economy/Finance Taxation Indiana

May 10, 2016 0

The five casinos in northwest Indiana continued their strong performance in April after posting a 3.2% increase year-on-year in monthly...

Trio of casinos account for 16% of Detroit revenues

Latest Casino and Gambling News Gaming Law & Legislation Ontario Sports betting Taxation Michigan

May 4, 2016 0

The American Gaming Association (AGA) has revealed that the $174.3 million contributed by the three casinos in Detroit last year...

PAGCOR exceeds first-quarter earnings expectations

Latest Casino and Gambling News Economy/Finance Taxation Philippines

May 4, 2016 0

The state-run Philippine Amusement And Gaming Corporation (PAGCOR) has revealed that its net income for the first three months of...

New Jersey hit with $33.5 million lawsuit for failing to keep its promise to Atlantic City

Latest Casino and Gambling News Economy/Finance Taxation Fines, Lawsuits & Litigation New Jersey

April 20, 2016 0

New Jersey Governor Chris Christie increased pressure for a state takeover of the nearly bankrupt Atlantic City earlier this month...

Permit request to reopen The Woodlands racetrack advanced by Kansas officials

Latest Casino and Gambling News Casino project updates Taxation Kansas

April 13, 2016 0

With multiple conditions, approval was recommended for the reopening of The Woodlands as an electronic gaming venue, racetrack, and entertainment...

2015/Q1 2016 U.S. online gambling legislation update

Lars Jones

Latest Casino and Gambling News U.S.A.Online gambling regulation Taxation United Kingdom

April 10, 2016 0

In 2015 seven states in the U.S. considered legalizing online gambling, none of the bills got off the floor. Currently online...

Tax break will aid Finger Lakes in ‘competition’ with new del Lago Casino

Latest Casino and Gambling News Horse Racing Taxation New York

April 9, 2016 0

To compete with the $425 million del Lago Resort & Casino being built approximately a half hour away in Tyre,...

Judge rules in favour of the Borgata Casino and allows four year appeal on Atlantic City property taxes

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

April 6, 2016 0

Atlantic City has accumulated a large amount of debt during the last decade due to the collapse of its once...

Iowa’s largest casino faces IRS review

Latest Casino and Gambling News Taxation Iowa

April 3, 2016 0

Prairie Meadows’ nonprofit status is facing a federal review, raising big concerns for the state’s largest casino in Altoona. Every...

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

April 1, 2016 1

The decision to move the casino industry outside of Atlantic City and set up two new casinos in North Jersey...

Nevada Gaming Commission does not require privately owned casinos to report public earnings anymore