Taxation

Skill Games In Pennsylvania Declared Legal By Commonwealth Court

Marija Malenovic
U.S.A., Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Game manufacturers, 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, U.S.A., Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, 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
Latest Casino and Gambling News, U.S.A., Gaming Industry News, Arizona, Economy/Finance, Mobile gaming, Taxation, Sports betting, Online Gambling News, 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
Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Brazil, Online gambling regulation, Central & South America Gaming, Gaming Industry News, Economy/Finance, Mobile gaming, Licenses, Taxation, Online Gambling News, Sports betting, 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, Gaming Industry News, Casino project updates, 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
Latest Casino and Gambling News, Gaming Law & Legislation, Casino 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
Australia, Casino News, Latest Casino and Gambling News, 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
Reviews from the Cotai Strip, Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, World Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation, Asian Casino News, Macau, 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., U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Taxation, Sports betting, Online Gambling News, 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 ...

Arizona Sports Betting Handle Reaches $610 Million in September 2023

Radosav Milutinovic
Latest Casino and Gambling News, NFL, U.S.A., World Casino News, Gaming Industry News, Arizona, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Taxation, Sports betting, Online Gambling News, Financial Press Releases
Sports betting handle in Arizona amounted to more than $610 million in September 2023, according to a November 15 news release (pdf) from the Arizona Department of Gaming (ADG). The figure representing a 13.5 p...

Combined Income From Virginia’s 3 Casinos Reaches Almost $50M; HR Bristol Exceeds $215 Million Since Official Opening

Marija Malenovic
Virginia, Latest Casino and Gambling News, U.S.A., Casino News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Taxation, Taxes, Financial Press Releases
It was recently reported that Bristol Casino: The Future Home Of Hard Rock, exceeded over $215 million in adjusted gaming income last month, aka October, approximately 16 months after officially opening its doo...

Kenyan Gambling Control Bill 2023 Establishes New Regulator and Proposes Reforms

Radosav Milutinovic
Kenya, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, World Casino News, Gaming Industry News, Lottery, Unlicensed Operation, Licenses, African Casino News, Sports betting, Online Gambling News, Taxation
Kenyan Parliament is considering a Gambling Control Bill proposed to have a new Gambling Regulatory Authority established in the country. As soon as the bill is approved, it will replace the Betting, Control an...

Georgian Prime Minister Raises Tax Rate For Gambling Businesses In Georgia To 15%

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, World Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, European Casino News, Licenses, Online Gambling News, Taxation, Sports betting, Georgia-Eurasia, Licensing, Taxes
Georgian Prime Minister Irakli Gharibashvili has raised taxes on the gambling industry and reported that the level of gambling in the country is "catastrophic." Rise of the gambling turnover: During his b...

Governor Kevin Stitt Unveils New Plan To Legalize Sports Wagering In Oklahoma

Marija Malenovic
Tribal Gaming, Gaming Law & Legislation, Tribal Gaming, U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, Sports betting, Taxation, Online Gambling News, Taxes, Oklahoma
Oklahoma Governor Kevin Stitt has revealed his plan to help officially legalize sports wagering in Oklahoma. The idea, which would enable Oklahoma residents to wager in-person at gambling locations managed by f...