Taxes

Indiana sportsbetting market experiences a record-setting December

Adam Morgan
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Online Poker, Mobile gaming, The Players Lounge, Sports betting, Online Gambling News, Licensing, Indiana, Taxes
In Indiana and the embryonic online and land-based sportsbetting industry reportedly chalked up a record-setting $313 million in aggregated handle for December to generate collective tax revenues of approximate...

Tennessee online sportsbetting license for Churchill Downs Incorporated

Adam Morgan
Tennessee, Online gaming software, Latest Casino and Gambling News, U.S.A., Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Sports betting, Online Gambling News, Licensing, Taxes
American casino operator Churchill Downs Incorporated has reportedly just received conditional approval to begin offering online sportsbetting to punters in the southern state of Tennessee. According to a Th...

Tennessee chalks up strong start to legalized online sportsbetting

Adam Morgan
Tennessee, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Lottery, The Players Lounge, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, Licensing, Taxes
The first eight days of legalized online sportsbetting in the southern American state of Tennessee reportedly saw locally-licensed operators chalk up aggregated handle of about $27 million and pay out some $509...

Philippines iGaming operators considering Isle of Man move

Adam Morgan
Isle of man, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Sports betting, Online Gambling News, Asian Casino News, Licensing, Taxes, Philippines
Prominent professional services firm Affinity Group Limited has reportedly revealed that it has recently seen a spike in the number of Asia-facing iGaming providers expressing an interest in relocating from the...

Buenos Aires passes online gambling legalization legislation

Adam Morgan
Casino News, Argentina, Latest Casino and Gambling News, Gaming Law & Legislation, New online casinos, Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Licensing, Taxes
In Argentina and the government for the giant city of Buenos Aires has reportedly passed legislation that will allow local land-based bingo, slot and casino operators to launch compatriot online services. Ac...

Revised tax rates for licensed Philippines iGaming operators

Adam Morgan
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Sports betting, Online Gambling News, Licensing, Taxes, Philippines
In the Philippines and President Rodrigo Duterte (pictured) has reportedly signed a piece of legislation into law that has been designed to more than double the amount of tax collected from domestic holders of ...

American daily fantasy sports firms receive alarming tax news

Adam Morgan
U.S.A., Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Taxation, Fantasy Sports, Taxes
In the United States and prominent daily fantasy sports operators FanDuel Group and DraftKings Incorporated could reportedly be in trouble after the Internal Revenue Service (IRS) ruled that such firms are to b...