Taxes

Pennsylvania Gaming Revenue Rises Over 10% in January 2025

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, Sports betting, Online Gambling News, Taxes, Financial Press Releases, Pennsylvania
In January 2025, Pennsylvania's gaming landscape showcased impressive financial performance, marking a significant uptick across various gaming and fantasy contest venues. The Pennsylvania Gaming Control Board ...

FDJ Navigates Challenges with Strategic Initiatives Amid Regulatory Changes

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Taxation, Online Gambling News, Sports betting, France, Taxes, Financial Press Releases
La Française des Jeux (FDJ), a leading name in the European betting and gaming landscape, has reported a robust performance for the year 2024. The company's revenue soared to €3,065 million, marking a significa...

Illinois Eyes Online Casino Legalization to Boost State Revenue and Regulate Gaming

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Online gambling regulation, Gaming Industry News, Mobile gaming, Online Gambling News, Illinois, Taxes
Amidst financial challenges, Illinois is poised to embrace the digital gaming era with proposed legislation that could transform its gambling landscape. Lawmakers, led by Senator Cristina Castro and Representat...

PAGCOR Cuts E-Games Fees to Strengthen Legal Market

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, World Casino News, Gaming Industry News, Economy/Finance, Taxation, Online Gambling News, Asian Casino News, Licensing, Taxes, Philippines
The Philippine Amusement and Gaming Corporation (PAGCOR) has announced a further reduction in Electronic Games (E-Games) fee rates, bringing them down from 35% to 30% effective January 1, 2025. This decision is...

Supreme Court of India Stays Tax Notices for Online Gaming Companies

Johnny K.
Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, World Casino News, Gaming Industry News, India, Taxation, Online Gambling News, Asian Casino News, Taxes
The Supreme Court of India has temporarily halted ₹1.12 lakh crore in Goods and Services Tax (GST) show-cause notices issued to online gaming companies. This decision, delivered on January 10, 2025, suspends on...

Tennessee Breaks Sports Betting Records in November; Three-Peat in the Books

Johnny K.
Tennessee, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Taxes, Financial Press Releases
For the third month in a row, Tennessee’s sports betting market achieved record-breaking results in November, surpassing previous highs in both betting handle and tax revenue. Gross wagers during the month reac...

Michigan Lawmakers Propose Incremental Tax Hikes on Online Gambling

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Taxation, Taxes, Michigan
Michigan lawmakers have introduced two new bills aimed at increasing taxes on online sports betting and casino operators. The proposals, Senate Bills 1193 and 1194, were brought forward on December 5 by Senator...

Sports Betting Narrowly Approved in Missouri Amid High-Profile Campaigns

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Licensed online casinos in USA, Online Gambling News, Taxation, Sports betting, Licensing, Taxes, Missouri
Missouri voters have given the green light to legal sports betting, approving Amendment 2 by a razor-thin margin of 50.05%. With the certification of election results by the Missouri Board of State Canvassers, ...

Louisiana Lawmaker Postpones Controversial Bill to Raise Online Sports Betting Tax

Johnny K.
U.S.A., Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Taxation, Taxes, Louisiana
A proposal to significantly increase the tax on online sports betting revenue in Louisiana has been deferred amid mounting opposition from the gaming industry. House Bill 22, introduced by Representative Roger ...

Missouri Voters Approve Sports Betting, Block Lake Ozark Casino Expansion

Johnny K.
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, Casino project updates, Licensed online casinos in USA, Online Gambling News, Sports betting, Licensing, Taxes, Missouri
In a closely watched decision, Missouri voters approved Amendment 2, which legalizes sports betting within the state, marking a significant shift in the state's gaming landscape. Meanwhile, Amendment 5, which s...