Taxes

PAGCOR Wants To Lower Fees For iGaming Operators to 35% In March, Says Tengco

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, World Casino News, Online gambling regulation, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News, Taxation, Asian Casino News, Taxes, Philippines
The Philippine Amusement and Gaming Corporation (PAGCOR), the gaming regulatory agency of the Philippines, revealed that it will lessen the fees imposed on iGaming providers to 35% in the 3rd month of this ongo...

Two Online Sports Wagering Legislations Submitted In Magnolia State

Marija Malenovic
U.S.A., Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Taxation, Taxes, Mississippi
As Mississippi Rep. Casey Eure projects to officially lead a sports wagering charge in Mississippi, rest of the lawmakers are setting things in motion. Over the past week, Democrat Rep. Cedric Burnett, offic...

Sports Bettors In Arizona Managed To Set Latest Betting Record In November of Last Year

Marija Malenovic
U.S.A., NFL, Latest Casino and Gambling News, World Casino News, North America Casino News, Arizona, Gaming Industry News, Mobile gaming, Economy/Finance, Licenses, Sports betting, Online Gambling News, Taxation, Licensing, Taxes, Financial Press Releases
Sports bettors in Arizona were relieved to have the chance to legally bet online on sports during November of the previous year. In addition, their appreciation has been more pronounced over the aforementioned ...

Svenska Spel Plans To Permanently Close Casino Cosmopol Venues In Gothenburg and Malmö

Marija Malenovic
Sweden, Casino News, Latest Casino and Gambling News, World Casino News, Casino closures, Gaming Industry News, Money Laundering, European Casino News, Online Gambling News, Taxation, Crime, Fines, Lawsuits & Litigation, Taxes
Svenska Spel plans to officially close the Casino Cosmopol facilities in Malmö and Gothenburg. The main reason for this decision is the limited profitability of the facilities, the firm revealed on January 24. ...

Casinos In Nebraska Generated Just Over $89m In Income In 2023

Marija Malenovic
U.S.A., Horse Racing, Casino News, Latest Casino and Gambling News, North America Casino News, Casino expansion projects, New Hotels, World Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Horse Racing, Taxation, Sports betting, Taxes, Financial Press Releases, Nebraska
Nebraska's first entire year of casino gambling was a triumph in terms of profits collected. Income collected from Lincoln’s WarHorse Casino: When it comes to the details of the income collected, Nebraska...

PAGCOR Boosts Its Share of Income To National Government, But Lags Behind Pre-Pandemic Levels

Marija Malenovic
Latest Casino and Gambling News, Casino Destinations, Casino News, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Taxation, Asian Casino News, Taxes, Philippines
It was recently reported that the Philippine Amusement and Gaming Corp. (PAGCOR) increased its handout to the country in the first 11 months of 2023, but it still fell short of pre-pandemic numbers. Boost: ...

Six Major Sports Teams Campaign to Launch Ballot on Sports Betting Legalization in Missouri

Radosav Milutinovic
U.S.A., Casino News, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Licenses, Taxation, Sports betting, Online Gambling News, Licensing, Taxes, Kansas, Missouri
After two sports betting bills passed the Missouri House and died in the Senate in 2022 and, respectively, 2023 to mark repeated attempts to legalize sports betting in the state, a coalition of six major sports...

Genting Singapore To Potentially Bid for Thai IR and Casino License, Maybank Says

Marija Malenovic
Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Licenses, Taxation, Asian Casino News, Licensing, Taxes, Singapore, Thailand
Genting Singapore, owner of the famous Resorts World Sentosa, would likely bid for an integrated resort and casino license in the Kingdom of Thailand. However, for that to happen, the government of Thailand mus...

Italian Government Validates “Reorganisation Decree” for Online Gambling

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, World Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, European Casino News, Licenses, Taxation, Online Gambling News, Licensing, Taxes, Italy
It was recently reported that Italy will implement a comprehensive reform of the country's online gambling laws during this year, as the government officially validated the "Reorganisation Decree" mandate requi...

Skill Games In Pennsylvania Declared Legal By Commonwealth Court

Marija Malenovic
U.S.A., Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Game manufacturers, Taxation, Taxes, Pennsylvania
On November 30, the Commonwealth Court of Pennsylvania officially confirmed the decision of the lower court that found "skill games" played for cash prizes to be lawful, marking a significant victory for the op...

Bill Proposals to Expand Tribal Gaming Scheduled for Public Hearings in Maine

Radosav Milutinovic
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Horse Racing, Casino News, Gaming Industry News, Licensed online casinos in USA, Horse Racing, Sports betting, Online Gambling News, Taxes, Maine
Two months since the federally recognized tribes launched online sports betting, lawmakers in Maine have announced public hearings on the expansion of tribal rights to include other forms of gambling. The heari...

Michigan Releases November Online Casino Gaming Revenue and It Hit the Records

Vanja Mitic
Latest Casino and Gambling News, Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Taxes, Financial Press Releases, Michigan
Michigan had a great month when it came to online casino gaming. According to the state’s Gaming Control Board, the gross revenue in November was $175.3 million, which is a record-breaking amount. To that am...

Arizona Sports Betting Handle Hits $648 Million in October 2023

Radosav Milutinovic
Latest Casino and Gambling News, U.S.A., Gaming Industry News, Arizona, Mobile gaming, Economy/Finance, Taxation, Online Gambling News, Sports betting, Taxes, Financial Press Releases
The state gaming, racing, and betting regulatory agency, Arizona Department of Gaming (ADG), has released sports betting figures (pdf) for October 2023. According to the regulator's report, sports betting handl...

Brazil’s Chamber of Deputies Validates Online Gambling And Sports Wagering Bill

Marija Malenovic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, World Casino News, North America Casino News, Brazil, Gaming Industry News, Central & South America Gaming, Mobile gaming, Economy/Finance, Licenses, Online Gambling News, Sports betting, Taxation, Licensing, Taxes
It was recently revealed that Brazil will officially debut a federal marketplace for sports wagering. In addition, when launched, it will involve modalities for the official management of online casino games. ...