Taxation

PAGCOR Boosts Its Share of Income To National Government, But Lags Behind Pre-Pandemic Levels

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casinos of the Philippines, Economy/Finance, Asian Casino News, Taxation, Taxes, Philippines
It was recently reported that the Philippine Amusement and Gaming Corp. (PAGCOR) increased its handout to the country in the first 11 months of 2023, but it still fell short of pre-pandemic numbers. Boost: ...

Six Major Sports Teams Campaign to Launch Ballot on Sports Betting Legalization in Missouri

Radosav Milutinovic
U.S.A., Casino News, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Licenses, Sports betting, Online Gambling News, Taxation, Licensing, Taxes, Kansas, Missouri
After two sports betting bills passed the Missouri House and died in the Senate in 2022 and, respectively, 2023 to mark repeated attempts to legalize sports betting in the state, a coalition of six major sports...

Sen. Addabbo Files Bill To Further Boost Internet Gaming Operations in New York

Radosav Milutinovic
Tribal Gaming, Casino News, Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Lottery, Licensed online casinos in USA, Licenses, Sports betting, Taxation, Online Gambling News, New York
Since the January 2022 launch of the legal internet sports betting, the state of New York has grown into the largest online gambling market in the United States. The regulations prescribing the online casino se...

Genting Singapore To Potentially Bid for Thai IR and Casino License, Maybank Says

Marija Malenovic
Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Licenses, Taxation, Asian Casino News, Licensing, Taxes, Singapore, Thailand
Genting Singapore, owner of the famous Resorts World Sentosa, would likely bid for an integrated resort and casino license in the Kingdom of Thailand. However, for that to happen, the government of Thailand mus...

Italian Government Validates “Reorganisation Decree” for Online Gambling

Marija Malenovic
Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, World Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, European Casino News, Licenses, Online Gambling News, Taxation, Licensing, Taxes, Italy
It was recently reported that Italy will implement a comprehensive reform of the country's online gambling laws during this year, as the government officially validated the "Reorganisation Decree" mandate requi...

Skill Games In Pennsylvania Declared Legal By Commonwealth Court

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Casino News, World Casino News, North America Casino News, Gaming Industry News, Game manufacturers, Economy/Finance, Taxation, Taxes, Pennsylvania
On November 30, the Commonwealth Court of Pennsylvania officially confirmed the decision of the lower court that found "skill games" played for cash prizes to be lawful, marking a significant victory for the op...

Lawmaker Proposes Casino Development in Fairfax County in Virginia

Radosav Milutinovic
Virginia, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Casino proposals, Casino News, North America Casino News, Gaming Industry News, Taxation, Online Gambling News, Labor Relations
After the post-pandemic decline in tax revenues in northern Virginia's s Fairfax County, some lawmakers consider options to recover this key economic driver of the state. Additionally incited by the proliferati...

Arizona Sports Betting Handle Hits $648 Million in October 2023

Radosav Milutinovic
U.S.A., Latest Casino and Gambling News, Arizona, Gaming Industry News, Mobile gaming, Economy/Finance, Sports betting, Online Gambling News, Taxation, Taxes, Financial Press Releases
The state gaming, racing, and betting regulatory agency, Arizona Department of Gaming (ADG), has released sports betting figures (pdf) for October 2023. According to the regulator's report, sports betting handl...

Brazil’s Chamber of Deputies Validates Online Gambling And Sports Wagering Bill

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, World Casino News, North America Casino News, Brazil, Online gambling regulation, Central & South America Gaming, Gaming Industry News, Economy/Finance, Mobile gaming, Licenses, Online Gambling News, Sports betting, Taxation, Licensing, Taxes
It was recently revealed that Brazil will officially debut a federal marketplace for sports wagering. In addition, when launched, it will involve modalities for the official management of online casino games. ...

Former Indiana Lawmaker to Plead to Casino Scheme Conspiracy Charges

Radosav Milutinovic
U.S.A., Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino project updates, Gaming Industry News, Employment & Careers, Licensed online casinos in USA, Licenses, Taxation, Online Gambling News, Conspiracy, Crime, Fines, Lawsuits & Litigation, Financial Fraud, Indiana
On 28 November 2023, former state Rep. Sean Eberhart is scheduled to plead to conspiracy charges at the federal courthouse in Indianapolis, as Indy Star reports. Eberhart, who was a General Assembly official fr...

Betting And Gaming Council Calls On UK Chancellor To Reconsider “Stealth Casino Tax”

Marija Malenovic
Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, European Casino News, Taxation, Taxes, United Kingdom
The Betting and Gaming Council (BGC), the UK’s only wagering and gaming industry body, has called on the Chancellor to reconsider indirect tax on land-based casinos, the Autumn Statement confirmed. UK casino...

Star Entertainment Signs Binding Contract With NSW Government On Casino Duty Rates

Marija Malenovic
Casino News, Latest Casino and Gambling News, Australia, World Casino News, Gaming Industry News, Economy/Finance, Poker, Taxation, Oceania Casino News, Mergers, Acquisitions & Partnerships, Taxes
Star Entertainment Group, an Australian-based gambling and entertainment company, revealed on November 21st filling that it has officially entered into a binding contract with the New South Wales government on ...

Macau Government Collected $6.4 Billion In Gaming Tax Revenues in Ten Months of 2023

Radosav Milutinovic
Casino Destinations, Reviews from the Cotai Strip, Latest Casino and Gambling News, Gaming Law & Legislation, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Online Gambling News, Taxation, Asian Casino News, Financial Press Releases
Financial Services Bureau of the city of Macau released on 16 November 2023 the data on the financial impact of the Macau gaming industry on the governmental operations. According to the Bureau, the Macau gover...

US Commercial Casinos Generated $16.17 Billion From Gamblers In Q3 2023; Best Third Quarter Ever

Marija Malenovic
Washington D.C., Casino News, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Taxation, Taxes, Financial Press Releases
The third quarter of this year was the best-ever third quarter in the history of the US commercial gaming industry, taking in $16.17 billion, in compliance with numbers recently released by the American Gaming ...