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Atlantic City calling for a change in the allocation of sportsbetting taxes

December 10, 2019

Gaming Law & Legislation, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Taxation, Taxes, New Jersey

In New Jersey and the City Council for Atlantic City has reportedly thrown its weight behind a call for the seaside community to receive a larger percentage of the state taxes its casinos pay on their sportsbet...

Makati City initiates POGO license moratorium

Adam Morgan

December 9, 2019

Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Online Gambling News, Licensing, Taxes, Philippines

In the Philippines and officials in Makati City have reportedly instituted a moratorium on the issuing of new online casino licenses due to concerns over rising criminality and the availability of office space....

SportPesa to reconsider options in Kenyan sportsbetting market

Adam Morgan

November 12, 2019

Kenya, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Licensing, Fines, Lawsuits & Litigation, Taxes

British online sportsbook operator SportPesa has reportedly announced that it is to reconsider its options in Kenya after a local appeals court ruled against a government policy that had instituted a 20% tax on...

Michigan lawmakers pass sportsbetting and online gambling measures

Adam Morgan

November 1, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Taxation, Online Gambling News, Sports betting, Fantasy Sports, Taxes, Michigan

The Michigan House of Representatives reportedly passed a series of measures on Wednesday that could eventually lead to the state becoming the latest to legalize a full range of sportsbetting, fantasy sports an...

September success for New Jersey’s sportsbetting market

Adam Morgan

October 16, 2019

Latest Casino and Gambling News, Economy/Finance, Taxation, Online Gambling News, Sports betting, Taxes, New Jersey

Online and land-based sportsbooks in New Jersey saw their aggregated handle for September increase by 142% year-on-year to hit $445.6 million while the sector’s comparable combined revenues for the 30-day perio...

Tasmania planning to introduce 15% point-of-consumption gaming tax

Adam Morgan

October 11, 2019

Australia, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Horse Racing, Sports betting, Online Gambling News, Taxation, Taxes

In Australia and the small southern state of Tasmania is reportedly set to introduce a 15% point-of-consumption tax on all net gaming revenues in hopes of bringing in about $3.4 million every year to help run a...

Can US online casinos and sports betting succeed? Europe has the answer

Lars Jones

June 18, 2018

U.S.A., Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Online Poker, European Casino News, Sports betting, Taxes

Sports betting fever is spreading in the U.S. with several states opening the books just one month after a historic Supreme Court decision that said the 1992 federal ban was unconstitutional. Some observers are...

Sports betting tax revenue soars past casinos in Tanzania

Kim M

January 3, 2018

Tanzania, Latest Casino and Gambling News, Online Gambling News, Sports betting, Taxation, Taxes

In Tanzania, taxes collected from gaming companies are expected to increase by 18 percent in Fiscal Year 2017/2018. The expected growth is reportedly due to an increase in the number of gaming companies involve...

Legal online gambling record month helps New Jersey eclipse $100 million in total tax revenue

Kim M

June 19, 2017

Latest Casino and Gambling News, Online Poker, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Taxes, New Jersey

Data analyzed by PlayNJ.com analysts shows the certain impact of the regulated online gambling industry in New Jersey after generating $21.1 million in gross revenue in May. Including the impressive posting ...

Legislation to regulate daily fantasy sports easily navigates NJ Assembly; on to Senate

Kim M

May 23, 2017

Latest Casino and Gambling News, Online gambling regulation, Sports betting, Fantasy Sports, Licensing, Taxes, New Jersey

A bill that would regulate and tax daily fantasy sports (DFS) was approved by a wide margin on Monday by New Jersey's Democrat-led Assembly. A 3532, legislation that would oversee the DFS industry, which inc...

Fate of Pennsylvania online gambling bill uncertain

Kim M

July 6, 2016

Latest Casino and Gambling News, Online gambling regulation, Taxes, Pennsylvania

In the past five years, only four states have managed to maneuver an online gaming bill through their legislature. Now, three of the four states have legalized online gambling and there is a chance that Pennsyl...

South Australia to institute 15% betting tax

Adam Morgan

June 25, 2016

Australia, Latest Casino and Gambling News, Horse Racing, Sports betting, Taxation, Taxes

The next budget for the Australian state of South Australia is set to include a provision that will look to harvest up to $6.85 million a year by instituting a new 15% tax on all wagers. According to a repor...

The 2015 KPMG Isle of Man eGaming Summit surveys the future of the industry

D. Graham

November 21, 2015

Latest Casino and Gambling News, World Casino News, Online gambling regulation, Gaming Industry News, Technology, Online Poker, Mobile gaming, Conferences / Trade Shows, Online Gambling News, Licensing, Taxes, United Kingdom

The Isle of Man (IoM) is recognized as one of the most reputable eGaming jurisdictions in the world, and KPMG’s eGaming Summits have established themselves as the eGaming industry's premiere events for stimulat...

Bet365 false start costs €30m, earns place on Romanian blacklist

Lars Jones

October 17, 2015

Casino News, Latest Casino and Gambling News, Online gambling regulation, Casino closures, Licensing, Fines, Lawsuits & Litigation, Taxes, Romania

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In early July the government of Romania published a list of 48 online betting operators it had blacklisted. Now, according to reports in major niche media, Bet365 and bwin.party have been added to the list. Bot...

48 online gambling sites blacklisted in Romania

Lars Jones

July 4, 2015

Latest Casino and Gambling News, World Casino News, Online gambling regulation, Unlicensed Operation, Licensing, Taxes, Romania

Romania's National Office for Gaming has posted a list of 48 online gaming sites that it says are operating without authorization in the country. They have also identified NetBet, Stanley Bet, and Winmasters as...

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Atlantic City calling for a change in the allocation of sportsbetting taxes

Makati City initiates POGO license moratorium

SportPesa to reconsider options in Kenyan sportsbetting market

Michigan lawmakers pass sportsbetting and online gambling measures

September success for New Jersey’s sportsbetting market

Tasmania planning to introduce 15% point-of-consumption gaming tax

Can US online casinos and sports betting succeed? Europe has the answer

Sports betting tax revenue soars past casinos in Tanzania

Legal online gambling record month helps New Jersey eclipse $100 million in total tax revenue

Legislation to regulate daily fantasy sports easily navigates NJ Assembly; on to Senate

Fate of Pennsylvania online gambling bill uncertain

The 2015 KPMG Isle of Man eGaming Summit surveys the future of the industry

Bet365 false start costs €30m, earns place on Romanian blacklist

48 online gambling sites blacklisted in Romania

AGA: Record-Breaking Revenue for U.S. Commercial Gaming in Q3 2024

Wynn Resorts on Track for 2027 Launch of UAE’s First Integrated Resort, Wynn Al Marjan Island

Denmark Ushers in a New Regulatory Era with the Launch of Land-Based Bingo Licensing

Tribal Casino Applications Spur Tensions in Oregon Gaming Landscape

eCOGRA Expands into Arizona, Indiana, and Panama with New Regulatory Approvals