Taxes

Rivers Casino Portsmouth Announces Profit of $24M in First Full Month of Operation

Marija Malenovic
Virginia, U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation, Taxes, Financial Press Releases
First stand-alone casino in Virginia, Rivers Casino Portsmouth, owned and managed by Chicago-based Rush Street Gaming, publicly announced $24.7 million in gaming income in its first full month of operation, acc...
tabcorp

Adam Rytenskild, CEO of Tabcorp, Wants a New National Regulatory Framework

Vanja Mitic
Australia, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Licenses, Taxation, Licensing, Taxes
Adam Rytenskild, the Managing Director and CEO of the famous Australian company Tabcorp, is working hard towards initiating a national regulatory framework. Rytenskild wants to equalize the wagering playing fie...

Star Entertainment Collects $545M After Record Statutory Loss; Suspends Dividends

Marija Malenovic
Australia, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Money Laundering, Economy/Finance, Conferences / Trade Shows, Licenses, Taxation, Oceania Casino News, Crime, Licensing, Taxes, Fines, Lawsuits & Litigation, Financial Press Releases
Star Entertainment Group, one of Australia's leading gambling and entertainment companies based in Brisbane, has publicly announced that it is collecting AUD$800 million, which is approximately 545 million US d...

Cambodia applies fresh revenue-based tax model for casinos

Marija Malenovic
Cambodia, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Conferences / Trade Shows, Licenses, Online Gambling News, Asian Casino News, Taxation, Licensing, Taxes
From December 30, 2022, Cambodia's Ministry of Economy and Finance (MEF) began applying the latest revenue-based rules for taxes and procedures for commercial gambling business, aka casinos, to the self-proclai...

Jay-Z Roc Nation and Caesars cooperation for Times Square Casino proposal

Marija Malenovic
U.S.A., Las Vegas, Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, New Hotels, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Casino project updates, Economy/Finance, Licensed online casinos in USA, Licenses, Online Gambling News, Taxation, Mergers, Acquisitions & Partnerships, Licensing, Taxes, New York
After partnering with SL Green, on Monday, December 5th,  Las Vegas-based Caesars Entertainment publicly announced that it has inked a partnership and support from Roc Nation, the full-service entertainment age...

AGA reports illegal gambling of $511 billion annually captures $13.3 billion in tax revenue in U.S.

Radosav Milutinovic
Washington D.C., Casino News, Gaming Law & Legislation, Latest Casino and Gambling News, U.S.A., Casino Cheating, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Illegal Bookmaking, Poker, Lottery, The Players Lounge, Unlicensed Operation, Sports betting, Online Gambling News, Fantasy Sports, Fantasy eSports, Licensing, Taxes
According to the American Gaming Association's latest report, an estimated $511 billion is the annual turnover of illegal and unregulated gambling in America. These illegal sportsbooks, iGaming websites, and un...

Nevada gaming win exceeds $1 billion in October, dowtown Las Vegas hits $90.5 million record

Radosav Milutinovic
NBA, Casino Destinations, Casino News, Latest Casino and Gambling News, U.S.A., Las Vegas, NFL, World Casino News, North America Casino News, Poker Tournaments, Gaming Industry News, Economy/Finance, Poker, The Players Lounge, Sports betting, Online Gambling News, Taxes, Financial Press Releases, Nevada
The Nevada Gaming Control Board reported Tuesday that the state gaming industry revenue exceeded $1 billion in October, with downtown Las Vegas hitting a $90.5 million record. The 20th consecutive month with re...

Tabcorp files lawsuit to Supreme Court against Entain and NSW

Radosav Milutinovic
insider trading, Greyhound Racing, Latest Casino and Gambling News, Gaming Law & Legislation, Horse Racing, Australia, World Casino News, Data Protection, Lottery, Unlicensed Operation, Licenses, Sports betting, Taxation, Online Gambling News, Licensing, Taxes, Fines, Lawsuits & Litigation, Financial Fraud
Tabcorp, the Australian betting and entertainment provider,  has commenced proceedings in the Supreme Court against the competing provider Entain and the NSW division of the Australian Hotels Association. Tabco...

Maryland approves inaugural batch of online sportsbetting licenses

Adam Morgan
Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Online gaming software, Online gambling regulation, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Licensing, Taxes, Maryland
In the small American state of Maryland and the body put in charge of evaluating the license suitability of potential online sportsbetting operators has reportedly approved the applications of ten inaugural ent...

Vermont leaning towards debuting an online-only sportsbetting market

Adam Morgan
Vermont, Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Sports betting, Online Gambling News, Licensing, Taxes
In the small eastern American state of Vermont and the official body investigating the possibility of launching legalized sportsbetting is reportedly set to recommend that the largely rural jurisdiction start w...

Ontario iGaming market posts impressive opening handle and revenue figures

Adam Morgan
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Ontario, Sports betting, Online Gambling News, Licensing, Taxes
In Canada and the recently-liberalized iGaming market of Ontario reportedly chalked up aggregated handle of approximately $3.05 billion in the twelve weeks following its April 4 launch to produce some $123.79 m...