Taxation

New Jersey to Extend Online Gambling For Five Years

Radosav Milutinovic
U.S.A., Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Licensed online casinos in USA, Licenses, Online Gambling News, Sports betting, Taxation, New Jersey
After the move to drastically cut online casino gambling in the state, New Jersey legislators has recently proposed that internet gambling take place for at least five more years. As Associated Press reports, t...

Nevada’s Casino Gaming Wins $1.29 Billion to Remain Strong in May 2023

Radosav Milutinovic
U.S.A., Las Vegas, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Taxation, Financial Press Releases, Nevada
As Review Journal (RJ) reports, the gross generated revenue of the Nevada casino industry reached the level of $1.29 billion in May 2023, according to the data of the Nevada Gaming Control Board. Although Clark...

Sri Lanka’s Cabinet Of Ministers Validates Establishment Of Gambling Regulatory Authority

Marija Malenovic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino expansion projects, World Casino News, Gaming Industry News, Economy/Finance, Licenses, Taxation, Asian Casino News, Licensing, Taxes, Sri Lanka
The Cabinet of Ministers of Sri Lanka officially validated a proposal to draft legislation to create the Gambling Regulatory Authority (GRA), whose main task will be to supervise the industry and make sure that...

Rhode Island Governor Signs iGaming Bill Into Law

Marija Malenovic
U.S.A., Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Licenses, Online Gambling News, Taxation, Licensing, Taxes, Rhode Island
Yesterday, June 22nd, Gov. Dan McKee officially signed into law Senate Bill 948, which expands Bally's land-based casino monopoly into iGaming. However, the governor decided to sign the legislation just hours b...

Star Wins NSW Tax Deferral and Loses Charter Hall From the Brisbane Deal

Radosav Milutinovic
Casino Sales, Australia, Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Poker Law, Casino Destinations, World Casino News, New Hotels, Gaming Industry News, Money Laundering, Economy/Finance, Poker, Online Gambling News, Tax Evasion, Taxation, Oceania Casino News, Fines, Lawsuits & Litigation
The New South Wales (NSW) Government has postponed the announced tax increase on gaming revenue for the Star Entertainment's Sydney casino less than a fortnight before the start of the new tax rate implementati...

Arizona’s Sports Betting Handle in March 2023 Exceeds $600 Million Again

Radosav Milutinovic
Tribal Gaming, Casino News, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Arizona, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Taxation
The Arizona Department of Gaming (ADG) reports that the sports wagering handle in the state of Arizona reached the level of more than $644 million in March of 2023, which is the second highest monthly level sin...

Macau Legend Sells Savan Legend Casino To Focus On Macau Business

Marija Malenovic
Laos, Casino Sales, Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Licenses, Asian Casino News, Taxation, Macau, Mergers, Acquisitions & Partnerships, Licensing, Taxes
Recently, Macau Legend Development Ltd., the investment holdings company that owns the Macau Fisherman’s Wharf zone and manages the Legend Palace satellite casino, announced that it has struck an initial agreem...

Richmond City Council Votes To Bring To Life Proposed Casino Project; Second Referendum Likely This Fall

Marija Malenovic
Virginia, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Casino proposals, New Hotels, World Casino News, North America Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Employment & Careers, Licenses, Taxation, Licensing, Taxes
During a meeting Monday night, June 12, the Richmond City Council voted 8 to 1 in favor of the bill that would put ONE Casino+Resort back on the November ballot, which will likely move to a second referendum vo...

Macau Tax Revenue Increases 15% in May, Contributes 79% to Total Region’s Income

Radosav Milutinovic
Casino Destinations, Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation, Financial Press Releases
Inside Asian Gaming reports that the Macau government collected MOP$5.7 billion (US$706 million) in gaming tax revenue in May 2023. The source also transfers the data from the Financial Services Bureau reportin...

North Carolina Online Sports Betting Bill To Be Signed into Law

Radosav Milutinovic
Tribal Gaming, U.S.A., Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Licenses, Online Gambling News, Sports betting, Taxation, North Carolina
The North Carolina legislature has given a final approval on June 7, 2023 to legalize online sports gambling in the state. The bill additionally allowing sports gambling in selected land-based gambling faciliti...

Macau Gaming Industry Generated 237% More Tax Revenues in April

Radosav Milutinovic
Casino Destinations, Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, China, Casino reviews from Macau, World Casino News, Hong Kong, Gaming Industry News, Macau, Taxation, Asian Casino News, Financial Press Releases
The strong Macau gaming industry growth in the first quarter of 2023 continued throughout the month of April as well. Inside Asian Gaming reports the figures released by the Financial Services Bureau to indicat...

WARN Notice Submitted By Vernon Downs; Casino Prepares To Close

Marija Malenovic
U.S.A., Horse Racing, Casino News, Latest Casino and Gambling News, New Hotels, World Casino News, North America Casino News, Casino closures, Gaming Industry News, Horse Racing, Taxation, Labor Relations, Taxes, New York
New York's Vernon Downs Hotel Casino has filed a WARN notice with the New York State Department of Labor outlining plans to officially close by the end of this year and discharge all 249 of its workers. Plan...

Sands China To Focus On Attracting More Foreign Players; Possibility Of Tax Reduction

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, Casino News, World Casino News, Gaming Industry News, Taxation, Asian Casino News, Macau, Mergers, Acquisitions & Partnerships
Sands China Ltd., a leading casino operator based in Macau, is launching many measures to lure more foreign players to its facilities, according to company chairman Wilfred Wong Ying Wai. In addition, he add...

Sports Betting Bill Passed by Vermont’s Finance Committee to Senate Floor

Radosav Milutinovic
New England, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Casino proposals, World Casino News, North America Casino News, Online gambling regulation, Casino expansion projects, Casino project updates, Gaming Industry News, Licensed online casinos in USA, Licenses, Sports betting, Taxation, Online Gambling News, Kentucky
Having cleared Vermont's House for approval of the Senate committees, the bill to allow sports betting passed Vermont’s Senate Finance Committee on Tuesday. As Sports Handle reports, the bill sustained certain ...