Taxes

Michigan Lawmakers Propose Incremental Tax Hikes on Online Gambling

Vanja Mitic
Gaming Law & Legislation, Latest Casino and Gambling News, 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, Sports betting, Online Gambling News, Taxation, 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...

Michigan’s Online Gambling Revenue Jumps in August, iGaming Leads Growth

Johnny K.
U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Taxation, Sports betting, Online Gambling News, Taxes, Financial Press Releases, Michigan
Michigan's online gambling market continues to thrive, with the state's iGaming sector leading a significant revenue increase in August. The Michigan Gaming Control Board (MGCB) revealed that the total gross re...

DraftKings Implements Surcharge in Response to High State Taxes

Johnny K.
Vermont, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Taxation, Sports betting, Online Gambling News, Illinois, Taxes, New York, Pennsylvania
In a bold move reflective of the changing fiscal landscape in the United States, DraftKings Inc. has announced plans to implement a surcharge for customers in states with high gambling taxes. This decision come...

US Senators Introduce WAGER Act to Eliminate Sports Betting Excise Taxes

Vanja Mitic
Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, Online gambling regulation, World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Taxation, Taxes
U.S. Senators Catherine Cortez Masto (D-Nev.) and Cindy Hyde-Smith (R-Miss.) have recently introduced the Withdrawing Arduous Gaming Excise Rates (WAGER) Act, a pivotal piece of bipartisan legislation designed ...

Washington D.C. to Experience Major Online Sports Betting Expansion on July 15

Johnny K.
Washington, D.C., Washington D.C., Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Sports betting, Online Gambling News, Licensing, Taxes, Washington
Starting Monday, July 15, Washington D.C. sports enthusiasts will no longer be limited to using GambetDC. From noon ET, residents and visitors will gain extensive online access to multiple sports betting platfo...