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Taxes

Donald Trump

article Donald Trump's tax woes derailed his casino dreams in Southern Indiana (9/29/2020)
(Indiana) -- If you live in a two-bedroom apartment in Evansville, your rent is probably higher than the president’s tax bill. That’s what The New York Times...
article 18 Revelations From a Trove of Trump Tax Records (9/27/2020)
(Washington D.C.) -- The New York Times has obtained tax-return data for President Trump and his companies that covers more than two decades. Mr. Trump has long refused...
article Long-Concealed Records Show Trump’s Chronic Losses and Years of Tax Avoidance (9/27/2020)
(Washington D.C.) -- The Times obtained Donald Trump’s tax information extending over more than two decades, revealing struggling properties, vast write-offs, an...
3 Total Articles on this Issue

Colorado Gaming

article Cripple Creek Getting Clobbered With Big Gaming Tax Losses (9/28/2020)
(Colorado) -- Can the fiscal news get any worse for Cripple Creek? First, the town got hit with the sudden closure of all gaming establishments for nearly three months;...
1 Article on this Issue

Virginia Gaming

article City to hold meetings on use of casino revenue (9/28/2020)
(Virginia) -- The City of Danville will host three virtual town halls in October to receive citizen feedback on potential investment priorities from casino-related...
article With funding as hurdle, new Danville police station hinges on casino vote (9/10/2020)
(Virginia) -- Danville could get a new police station on property off Memorial Drive in the Schoolfield area. Whether the estimated $17.7 million project is built would...
article Skill machines get stay of execution to raise funds for COVID-19 relief (8/9/2020)
(Virginia) -- As skill machines return to Charlottesville, thousands of machines across the Commonwealth are raising millions of dollars for COVID-19 relief, including...
3 Total Articles on this Issue

Atlantic City Gaming

article Atlantic City casino tax relief approved, goes back to Senate (9/24/2020)
(Atlantic City) -- The state General Assembly voted Thursday afternoon in favor of providing temporary financial relief for an Atlantic City casino industry struggling...
1 Article on this Issue

Philippines Gaming

article POGO tax revenue down due to Covid-caused worker exodus: BIR (9/21/2020)
(Philippines) -- Even if the Philippines wants to tax online operations at a higher rate, a decline of the industry might wipe out any gains. The Bureau of Internal...
article Philippines to double POGO tax revenue with new 5% turnover tax (9/16/2020)
(Philippines) -- Philippines President Rodrigo Duterte has signed into law a new bill aimed at closing gaps in its Php165 billion (US$3.41 billion) COVID-19 relief fund...
2 Total Articles on this Issue

Arkansas Gaming

article Arkansas Casino Tax Revenue Rebounding After COVID-19 Falloff (9/17/2020)
(Arkansas) -- Since coronavirus infection rates began to spike in mid-March, wagering at the state’s three casinos declined by a combined $1.4 billion. The casinos...
1 Article on this Issue

Mohegan Sun

article Casino appeals Luzerne County hotel tax bill on complimentary rooms (9/14/2020)
(Pennsylvania) -- The Mohegan Sun Pocono casino has filed an appeal arguing it should not be forced to pay hotel tax on complimentary rooms as ordered by Luzerne County...
article Judge sets hearing for Mohegan Sun Pocono appeal of hotel tax determination (9/14/2020)
(Pennsylvania) -- A Luzerne County judge has ordered a hearing in Mohegan Sun Pocono's appeal of the county hotel tax assessed on the Plains Twp. resort over the...
2 Total Articles on this Issue

Sports Betting

article NFL betting, return of table games offers glimmer of hope in Colorado’s COVID-impacted casino towns (9/14/2020)
(Colorado) -- Like many corners of Colorado that had high hopes for 2020, the state’s gambling capital of Gilpin County has absorbed some serious body blows in...
article PA Congressman, AGA Push to Repeal ‘Antiquated Federal Taxes’ on Legal Sportsbooks (7/27/2020)
(Washington D.C.) -- The co-chairs of Congressional Gaming Caucus, which include a Pennsylvania Congressman, have proposed bipartisan legislation to repeal the federal...
article Bill to Remove Federal Sports Betting Taxes Introduced, Gaming Industry Applauds (7/25/2020)
(Washington D.C.) -- A federal sports betting bill has been introduced in Congress that seeks to repeal the 0.25 percent tax the United States government collects on...
article Federal Handle Tax Targeted In New Bipartisan House Bill (7/24/2020)
(Washington D.C.) -- The co-chairs of the recently-relaunched Congressional Gaming Congress introduced bipartisan legislation Friday to end the federal excise tax on...
4 Total Articles on this Issue

Cannabis & Casinos

article Jackpot fights for survival as gambling crushed by COVID-19. Will a pot dispensary help? (9/11/2020)
(Nevada) -- The eeriest part was how it snuffed out the lights. “You don’t realize how much those lights really fill up the night sky,” Fatima Aguilar...
1 Article on this Issue

Indiana Gaming

article COVID-19 tax payment delays muddy Indiana's revenue picture (9/11/2020)
(Indiana) -- Hoosier budget officials are keeping a close watch on Indiana's volatile tax revenue as various payment deferrals and delays associated with the COVID-...
1 Article on this Issue

Card Clubs

article Editorial: Why San Jose voters should reject cardrooms tax increase (9/9/2020)
(California) -- Measure H asks San Jose voters to approve a 1.5% tax increase on cardrooms in exchange for allowing addition of a total of 30 table games to the city...
article Casino Closure Pushes City of Hawaiian Gardens Into Fiscal Emergency (8/27/2020)
(California) -- The city of Hawaiian gardens has declared a fiscal emergency. The mayor of Hawaiian Gardens sent a letter to Governor Gavin Newsom. The letter centers on...
article Voters Asked To Raise Card Room Taxes And Add More Table Games (8/4/2020)
(California) -- When shuttered blackjack and poker tables finally reopen in San Jose, card rooms could face a tax increase city officials hope might help close a looming...
article San Jose Wants Voters To Raise Card Room Taxes, Add More Table Games (8/3/2020)
(California) -- When shuttered blackjack and poker tables finally reopen in San Jose, card rooms could face a tax increase city officials hope might help close a looming...
article San Jose wants voters to raise card room taxes, add more table games (8/2/2020)
(California) -- When shuttered blackjack and poker tables finally reopen in San Jose, card rooms could face a tax increase city officials hope might help close a looming...
5 Total Articles on this Issue

Kansas Gaming

article Revenue At Kansas City, Kansas Casino Plummets Cutting Into Unified Government Budget (9/9/2020)
(Kansas) -- The coronavirus pandemic has cut into the revenue of every government at every level. But the Unified Government of Wyandotte County and Kansas City, Kansas...
1 Article on this Issue

Kentucky Gaming

article With Kentucky Derby Bets, IRS Wins Too (9/6/2020)
(Kentucky) -- Like everything else this year, the Kentucky Derby 2020 is different, not May but September, run in the evening (7:02 pm Eastern time), and run without...
1 Article on this Issue

Missouri Gaming

article La Grange tax revenue hit hard by Mark Twain Casino closure (8/28/2020)
(Missouri) -- Many Tri-State cities have been financially affected by the COVID-19 pandemic. As businesses bring in less money due to closures and slowed sales, less tax...
1 Article on this Issue

Fantasy Sports

article Recent Attempts To Reclassify Daily Fantasy Sports As Sports Gambling Could Hurt Industry’s Bottom Line (8/26/2020)
(USA) -- When poker blogger Kevin Bonnet launched his website Fantasy Sports Live in 2006, he coined the term “daily fantasy sports” to give the impression...
press release HEITNER: What To Make Of The IRS Memo To Add A Tax On Daily Fantasy Sports Companies (8/22/2020)
(Florida) -- The Internal Revenue Service recently issued a memorandum declaring that companies offering daily fantasy sports services should be required to pay a...
article IRS guidance on fantasy fees could spell major trouble for DraftKings, FanDuel (8/15/2020)
(Washington D.C.) -- The IRS, in a July 23 internal memo made public on Aug. 7, issued new guidance that amounts to a major shot across the bow at daily fantasy sports (...
article IRS wants to tax daily fantasy sports wagering (8/15/2020)
(Washington D.C.) -- The IRS issued a memo on Friday that weighs imposing a federal excise tax on daily fantasy sport contest operators – like DraftKings and...
article DraftKings, FanDuel Fees Deemed Taxable in Landmark IRS Memo (8/14/2020)
(Washington D.C.) -- Daily fantasy sports companies like FanDuel and DraftKings must pay federal excise tax on their entry fees, the IRS has decided, in an internal memo...
5 Total Articles on this Issue

Oklahoma Gaming

article Tribes paid $122 million in exclusivity fees to Oklahoma last fiscal year (8/24/2020)
(Oklahoma) -- In the midst of a disagreement between Native American tribal leaders and Oklahoma Governor Kevin Stitt, tribes say they have paid the state millions in...
article COVID-19 takes a bite out of state's gaming revenue (8/17/2020)
(Oklahoma) -- Gaming fees tribes pay the state were poised to rise above last year's levels, but COVID-19 took a bite out of those hopes. Last year, the state saw...
2 Total Articles on this Issue

Massachusetts Gaming

article State casinos collect $45M in July (8/18/2020)
(Massachusetts) -- State tax revenue from gambling began to trickle back in last month as the state’s slots parlor and two casinos reopened for the first time...
article Massachusetts Betting Amendment Proposes 30% Tax on Online Wagering (7/28/2020)
(Massachusetts) -- Massachusetts lawmakers have voted amendments on House Bill 4879 to expand the scope of online lotteries in the state and increase sports betting tax...
article The Red Sox say legal sports betting could help Massachusetts recover from the pandemic. Charlie Baker agrees. (7/22/2020)
(Massachusetts) -- Gov. Charlie Baker said he “absolutely” agrees that legalized sports betting in Massachusetts could generate revenue for the state...
3 Total Articles on this Issue

Pennsylvania Gaming

article Pa. casino loses bid to recoup $1.1M it overpaid in state taxes (8/18/2020)
(Pennsylvania) -- A Pennsylvania casino operator has crapped out on its final attempt to recoup a $1.1 million overpayment of its state taxes.The loss came Tuesday when...
article Casino shortfalls due to COVID-19 could mean homeowners pay more property taxes (8/17/2020)
(Pennsylvania) -- Casinos across Pennsylvania are losing money because of the coronavirus, and that could lead to you paying more in property taxes this year....
article Leaning So Hard On Casino Revenue Can Backfire For A State Like Pennsylvania (7/17/2020)
(Pennsylvania) -- One of the drawbacks of being the No. 1 state in the nation for gambling tax revenue is the blind-side hit your budget takes if casinos’ cash cow...
3 Total Articles on this Issue

Oneida Nation

article County finances ‘sad’ state of affairs (8/16/2020)
(New York) -- Oneida County Executive Anthony Picente Jr. called the county’s finances “pretty sad” and said he has not ruled out the possibility of...
1 Article on this Issue

Macau Gaming

article Macau govt collected US$50mln in gaming tax in July (8/12/2020)
(Macau) -- The Macau government collected nearly MOP402.4 million (US$50.4 million) in tax revenue from the city’s gaming industry in July. The figure was down 46....
1 Article on this Issue

Washington Gaming

article Pandemic strongly influenced gaming fund decisions (8/12/2020)
(Washington) -- The COVID-19 pandemic weighed heavily on members of the Washington County Gaming Commission last month as they discussed which organizations would get...
1 Article on this Issue

Rhode Island Gaming

article ‘You have to learn from your mistakes’: Tiverton to keep casino revenue in special account for next fiscal year (8/9/2020)
(Rhode Island) -- Gaming revenue to the town from the Twin River Tiverton Casino Hotel this fiscal year that began July 1 will accumulate in a reserved capital account...
article Tiverton’s receiving money from the casino again. The first payment was $22.43 (8/7/2020)
(Rhode Island) -- Gaming revenue to the town from the Twin River Tiverton Casino Hotel this fiscal year that began July 1 will accumulate in a reserved capital account...
article Cut, Cut, Cut: Relying on casino money has painful aftermath in Tiverton (7/27/2020)
(Rhode Island) -- The biggest chunks of money have been eyed and targeted for removal from the next fiscal year budget by the Budget Committee and most recently the Town...
3 Total Articles on this Issue

British Columbia Gaming

article City to receive no revenue from gaming revenue during first quarter of 2020 (8/6/2020)
(British Columbia) -- Due to closures caused by the COVID-19 pandemic, the City of Fort St. John will be receiving no money from gaming revenue for the period between...
1 Article on this Issue

Caesars

article Harrah’s New Orleans One Step Closer to Being on Hook for Hotel Back Taxes (8/3/2020)
(New Orleans) -- Harrah’s New Orleans is once again on the losing end of a court decision regarding its claims that it doesn’t need to pay taxes on comped or...
1 Article on this Issue

Louisiana Gaming

article Court rules for state over Harrah's casino in tax case that could be worth $50 million (7/30/2020)
(Louisiana) -- The state of Louisiana is one step closer to collecting up to $50 million from owners of Harrah’s New Orleans after a Baton Rouge appeals court...
1 Article on this Issue

McGirt

article Oklahoma Oil and Gas Business Braces for Change in Wake of Supreme Court Decision (7/16/2020)
(Oklahoma) -- On July 9, 2020, the Supreme Court issued its opinion in McGirt v. Oklahoma,[1] ruling that most of the eastern half of Oklahoma is an Indian reservation.
1 Article on this Issue

Other News

article Taxing online sports betting, fantasy sports may help states cover pandemic losses (9/17/2020)
(USA) -- Taxing online fantasy sports and sports betting may help states recoup some of the sales tax revenue lost during the coronavirus pandemic, according to a...
article Longtime lawmaker Terry Link, who wore wire on colleague, pleads guilty in tax case (9/16/2020)
(Illinois) -- Longtime Illinois lawmaker Terry Link pleaded guilty during a virtual court hearing Wednesday morning, capping a lengthy legislative career with an...
article Appeals court sides with Samish tribe in fight over state fuel tax (9/4/2020)
(Washington) -- A state Court of Appeals sided this week with the Samish Indian Nation on a dispute over how the state taxes fuel sold on tribal lands, as well as what...
article Idaho lawmakers’ bill would let tribes, counties collect revenue from timber sales in Forest Service partnerships (7/11/2020)
(Washington D.C.) -- New legislation introduced by two Idaho Republicans would expand a controversial federal program that lets states partner with the U.S. Forest...
article THINK TANK: Governor Inslee’s gas tax proclamation favors tribes over taxpayers (6/1/2020)
(Washington) -- In a surprising announcement last week, Governor Inslee used his emergency powers to give a tax “perk” to tribes. Apart from waiving some...
article Regulation round-up: Italy's tax increase, sports betting exempt from Swedish restrictions (5/26/2020)
(Worldwide) -- The Italian Government has approved a temporary tax on sports betting turnover, as the nation attempts to recover from the coronavirus outbreak. The...
article Cyprus flags ‘discrepancies’ in sports betting ops’ tax filings (5/12/2020)
(Cyprus) -- Cyprus-licensed online sports betting operators appear to be dodging their tax obligations, according to the country’s national auditor. On Tuesday,...
article When It Comes To Gambling On The Super Bowl, You Can Bet The IRS Is Watching (2/3/2020)
(USA) -- I finished a disappointing fourth place in this year's Fantasy Football. Even worse: I was beaten by a 13 year-old. That might explain why I'm choosing...
article Tribe, county come to sales tax agreement ending legal fight (1/30/2020)
(Washington) -- A Washington state Native American tribal group reached an agreement to end a federal lawsuit and begin sharing millions of dollars in sales tax receipts...
article Caliente Group President Concerned About New Local Government Tax (1/19/2020)
(Mexico) -- Only 9 months after the official opening of the first gambling lounge by Caliente Group, in partnership with Euro Games Technology, the company faces serious...
article Legislative proposal would let rural tribes keep some state sales-tax money (1/15/2020)
(Arizona) -- Two lawmakers are proposing to let at least several Native American tribes keep some of the taxes generated from sales on reservations. The proposal by...
article New Jersey Man Admits Forging Casino Tax Forms With IRS (1/6/2020)
(New Jersey) -- False casino tax filings made with the IRS has left one New Jersey man facing up to 10 years in prison after he pleaded guilty to the scheme.
article N.J. man admits role in stealing over $1M from the government by forging casino tax forms (1/3/2020)
(New Jersey) -- A Middlesex County man admitted Friday that he ripped off the federal government by participating in a conspiracy that used phony gambling winnings forms...
article Brazil set to revert to 3% turnover tax for sports betting (12/16/2019)
(Brazil) -- The Brazilian government looks set to levy a 3% turnover tax on licensed betting operators, as opposed to the reduced 1% rate put forward in a draft...
article Sen. Manglona seeks explanation regarding decreasing casino tax (12/9/2019)
(Saipan) -- Senator Paul A. Manglona wrote Gov. Ralph DLG Torres another letter last week, this time asking him to explain the “drastic” decrease in the...
article Danish Government will increase online gambling tax in 2021 (12/3/2019)
(Denmark) -- The Danish Government has revealed plans to increase online gambling tax by eight percentage points in its 2020 Finance Act. The government claims the new...
article Reduced Mega Millions, Powerball Jackpots Hurting State Lottery Revenues (12/2/2019)
(USA) -- Lower Mega Millions and Powerball jackpots this year are causing reduced interest in the country’s two most popular games, and that is subsequently...
article Latvian parliament approves higher gambling taxes (11/15/2019)
(Latvia) -- Latvia’s parliament has approved proposals to raise certain land-based gaming taxes in the country, including the measures in the 2020 budget. Slot...
article Export markets cool for Washington’s giant clam, the geoduck, as tariffs mount and Chinese consumers get picky (10/24/2019)
(Washington) -- Some 40 feet down, diver Walter Lorentz Jr. groped along the bottom of Puget Sound, searching in the weak undersea light for small dimples that mark the...
article Italy gov’t plans new gamblers’ winnings tax, retail cash ban (10/13/2019)
(Italy) -- Italy’s gambling operators are bracing for impact after the government proposed still more tax hikes on the sector, this time targeting the operators...

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