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Taxes

Macau Gaming

article Macau casinos running strong, billions in taxes collected in 2019 (9/16/2019)
(Macau) -- Despite what has been repeatedly described as showing a lackluster performance, the gambling industry in Macau has still been successful enough to give the...
article Macau gaming tax take circa US$9.5bln to August, up 1.5pct (9/13/2019)
(Macau) -- The Macau government says it collected MOP76.47 billion (US$9.49 billion) in tax revenue from the city’s gaming industry in the first eight months this year....
2 Total Articles on this Issue

Philippines Gaming

article Philippines Offshore Gaming Operators Face Shutdown Unless Appropriate Taxes Paid (9/16/2019)
(Philippines) -- Philippines Offshore Gaming Operators (POGOs) that are found in violation of paying the federal government their appropriate share of gaming revenue...
article Philippines to crack down on tax-dodging POGOs (9/16/2019)
(Philippines) -- Philippine Finance Secretary Carlos Dominguez III has ordered the country’s Bureau of Internal Revenue (BIR) to shut down the operations of...
article Philippines Not Satisfied With Lower Tax Take From Online Gaming (9/14/2019)
(Philippines) -- Philippines Finance Secretary Carlos Dominguez wants the main tax agency to shut down and file cases against online gaming operators that haven’t...
3 Total Articles on this Issue

Virginia Gaming

article Virginia Lottery concerned ‘Gray Machines’ lead to declining sales (9/16/2019)
(Virginia) -- Representatives from Virginia Lottery rose concerns about “Gray Machines”, or slot-style gaming, during a presentation to the House...
1 Article on this Issue

Arkansas Gaming

article Existing casinos hit jackpot with tax cut (9/15/2019)
(Arkansas) -- Michael Wickline, the Arkansas Democrat-Gazette’s veteran Capitol correspondent, produced an excellent and comprehensive report today on casino...
1 Article on this Issue

Illinois Gaming

article State revenue from casinos continues to drop as Illinois prepares for massive gambling expansion (9/14/2019)
(Illinois) -- As Illinois embarks on a massive gambling expansion of up to six new casinos and the addition of slot machines and table games at horse tracks, revenue...
article Watchdog group concerned that new Illinois casinos could cost taxpayers billions of dollars (8/19/2019)
(Illinois) -- A watchdog group worries that the state's big bet on more than a dozen new casinos could go bust. Consultants have warned a Chicago casino could lose...
2 Total Articles on this Issue

Massachusetts Gaming

article Are Massachusetts casinos keeping gambling dollars in the state? (9/11/2019)
(Massachusetts) -- Massachusetts may be recapturing some of the revenue that for years flowed to casinos elsewhere, according to a statewide study in which participants...
article MGM Springfield Supporting Lawmaker Says Casinos Are Not Economic ‘Silver Bullet’ for Massachusetts (9/4/2019)
(Massachusetts) -- A Massachusetts lawmaker who has been a supporter of MGM Springfield said over the weekend that casino gaming is not going to be the engine to the...
2 Total Articles on this Issue

Michigan Gaming

article Michigan Sports Betting Bill Stalled Due To Proposed Tax Rate (9/11/2019)
(Michigan) -- Tuesday marked the very first hearing for the much-anticipated Michigan sports betting bill. Led by Michigan Rep. Brandt Iden, MI HB 4916 would legalize...
1 Article on this Issue

Pamunkey Tribe

article Norfolk City Council reveals more details on proposed casino (9/10/2019)
(Virginia) -- The long-awaited details are finally out. City of Norfolk officials shared the latest updates on a potential riverfront casino with City Council. "I...
article Pamunkey casino deal could mean nearly $33 million annually for Norfolk (9/10/2019)
(Virginia) -- The Pamunkey Indian Tribe would pay Norfolk nearly $10 million for property near downtown if it moves forward with plans to build a resort and casino,...
2 Total Articles on this Issue

Flandreau Santee Sioux

article South Dakota Tribal Casino Expansion Work Subject to $480K Excise Tax, Circuit Court Rules (9/9/2019)
(South Dakota) -- A federal appellate court ruled last week that the state of South Dakota did have the right to apply an excise tax on nontribal contractor who...
article FILINGS: Flandreau Santee Sioux Tribe v. Haeder (9/9/2019)
(South Dakota) -- The legal text from a September 6, 2019 filing by Flandreau Santee Sioux Tribe, a Federally-recognized Indian tribe, Plaintiff-Appellee, v. Josh Haeder...
article FILINGS: Flandreau Santee Sioux Tribe v. Noem (9/9/2019)
(South Dakota) -- The legal text from a September 6, 2019 filing by Flandreau Santee Sioux Tribe, a federally-recognized Indian Tribe, Plaintiff-Appellee, v. Kristi Noem...
3 Total Articles on this Issue

West Virginia Gaming

article What the District Can Learn From West Virginia’s First Year of Sports Gambling (9/9/2019)
(West Virginia) -- As West Virginia lawmakers debated greenlighting sports betting in 2018, they pointed to predictions that allowing people to bet on games would bring...
1 Article on this Issue

Oklahoma Gaming

article Cole says gaming compact dispute could wind up in court (9/7/2019)
(Oklahoma) -- The conflict between Gov. Kevin Stitt and Indian tribes over gaming compacts could wind up at a federal agency and then a federal court, U.S. Rep. Tom Cole...
article 'Stand firm': Choctaw chief reiterates gaming stance at annual address (9/3/2019)
(Oklahoma) -- Choctaw Nation of Oklahoma Chief Gary Batton is standing firm on the gaming compact with the state. Batton said he and other tribal leaders across the...
article Batton: Stitt’s call to renegotiate tribal gaming compact misguided (8/12/2019)
(Oklahoma) -- Recently Oklahoma Gov. Kevin Stitt published an op–ed, signaling his intention to open negotiations on the gaming compacts many tribes have with...
article Lawmakers urge collaboration in gaming compact negotiations (8/12/2019)
(Oklahoma) -- Oklahoma legislators have been hesitant to wade into the the debate over the state’s tribal gaming compacts, which has Gov. Kevin Stitt at odds with many...
article OP/ED: Stitt right to seek review of casino fees (8/12/2019)
(Oklahoma) -- In discussions of tax policy, the issue of “fairness” often arises. So here’s a simple question. Is it fair to impose a larger tax...
article Choctaw chief ready to defend tribe's position (8/10/2019)
(Oklahoma) -- Chief Gary Batton says he's open to negotiating with Gov. Kevin Stitt in regard to the Choctaw Nation of Oklahoma's Tribal Gaming Compact with the...
article CARTER: Tribal stances on gaming-fee increase contrast with past tax-increase position (8/6/2019)
(Oklahoma) -- In 2018, officials with the Chickasaw Nation, Choctaw Nation of Oklahoma, and Quapaw Tribe of Oklahoma were among those endorsing the “Step Up...
article Capitol Insider: Gov. Stitt Weighs In On Tribal Gaming (8/2/2019)
(Oklahoma) -- Tribal gaming negotiations got off to a rough start last month. Now, Gov. Stitt is responding to pushback and explains why he thinks tribes should pay more...
article OP/ED: Tribal Casino and Gaming Compacts getting renewed attention (8/2/2019)
(Oklahoma) -- In 2004 Oklahoma entered into casino and gaming compacts with all federally recognized tribes in the state to operate and profit from casinos and gaming in...
article POWELL: Don't raise Oklahoma's casino tax (7/30/2019)
(Oklahoma) -- Gov. Kevin Stitt has indicated a desire to renegotiate the tribal gaming compacts, which expire next year, to increase the exclusivity fee paid to state...
article Inter-Tribal Council responds to Stitt’s letter on gaming compacts (7/29/2019)
(Oklahoma) -- With the exclusive Indian gaming compact with the state coming up for renewal in 2020, officials for several Oklahoma-based tribes were dealt a surprise on...
article Tribes Unify As Stitt Tries To Renegotiate Gaming Compact (7/29/2019)
(Oklahoma) -- Twenty-nine tribal leaders sent a letter to Gov. Stitt saying they “stand united” when it comes to Oklahoma’s Gaming Compact. The letter...
article Legal expert says Stitt mistaken on tribal gaming fees assessment (7/28/2019)
(Oklahoma) -- An American Indian law expert says Gov. Kevin Stitt is using incorrect figures to make a case for renegotiating the state’s tribal gaming compacts....
article Oklahoma tribes say they don't have to renegotiate gaming contracts but are willing to listen (7/26/2019)
(Oklahoma) -- Leaders of 29 Oklahoma Indian tribes notified Gov. Kevin Stitt in writing Friday that they believe they’re under no obligation to renegotiate the...
article How much Oklahoma? Governor demands a record share of tribal casino revenues (7/25/2019)
(Oklahoma) -- Oklahoma Governor Kevin Stitt, a Republican, expressed his desire to raise the fees charged to tribal casinos in the state demanding a share that would be...
article Oklahoma tribes united against plan to hike exclusivity fees (7/25/2019)
(Oklahoma) -- The majority of the casino-operating tribes in Oklahoma are reportedly united in their antagonism towards a recent call from the state’s new...
article Oklahoma tribal leaders denounce governor’s gambling plan (7/21/2019)
(Oklahoma) -- The leaders of five of Oklahoma’s most powerful tribal nations have approved a resolution denouncing the new Republican governor’s plan to...
article Tribal leaders united against Stitt gaming plan (7/20/2019)
(Oklahoma) -- Oklahoma Gov. Kevin Stitt recently announced his intention to renegotiate gaming compacts with Indian tribes in the state, and tribal leaders are...
18 Total Articles on this Issue

South Dakota Gaming

article Eighth Circuit Rules South Dakota Can Tax Casino Work (9/6/2019)
(South Dakota) -- South Dakota is allowed to tax the renovation of a Native American casino by a nontribal contractor, a divided Eighth Circuit panel ruled Friday. And...
1 Article on this Issue

Hard Rock

article ICYMI: Father and son‘s tax sale fraud scheme tied to Hard Rock casino land, records show (9/5/2019)
(Indiana) -- A father and son’s alleged tax sale scheme to defraud Lake County out of at least $100,000 in property taxes is linked to land targeted for the city...
1 Article on this Issue

New York Gaming

article Rivers Casino executive says 45% tax rate makes it tough to compete with other casinos (9/5/2019)
(New York) -- If you're looking to place a bet, you could go to Rivers Casino and Resort in Schenectady — or you could take a $25 bus ride to MGM Springfield...
1 Article on this Issue

Poarch Creek

article Without $5.9M casino sale windfall, Bethlehem looks to rainy day fund for $3.9M of projects (9/4/2019)
(Pennsylvania) -- Bethlehem officials hoped the sale of the Sands casino would net them a $5.9 million cash windfall to help knock lingering major repairs off the city...
1 Article on this Issue

Chicago Casino

article Chicago casino not feasible, study says (8/21/2019)
(Illinois) -- The Illinois Gaming Board has determined that, at least as things currently stand, the idea of building Chicago's first-ever casino is just not...
article Five takeaways from the Chicago casino feasibility study (8/18/2019)
(Illinois) -- Illinois lawmakers are likely to rewrite their new statute authorizing a Chicago casino after a feasibility study released last week concluded that no city...
2 Total Articles on this Issue

Detroit Gaming

article MGM Grand Detroit files two cases fighting taxes paid on unpaid gambling debt (8/9/2019)
(Michigan) -- The MGM Grand Detroit has filed two cases within the Michigan Court of Claims in order to earn the right to avoid paying taxes on uncollectible gambling...
article MGM Grand Detroit argues it shouldn't pay tax on forgiven gambling losses (8/7/2019)
(Michigan) -- Casinos that settle with gamblers to repay a portion of funds lent to them by the casino, and which the gamblers then lost, should be able to claim the...
2 Total Articles on this Issue

MGM Resorts

article MGM increases resort fees at 3 Las Vegas Strip properties (8/4/2019)
(Las Vegas) -- After leaving resort fees steady for more than a year, MGM Resorts International has increased them at Aria, Vdara and Bellagio. The $6 increase,...
1 Article on this Issue

International Game Technology

article Global profile helps IGT override Italian gaming taxes (8/1/2019)
(Italy) -- Publishing its latest Q2 2019 trading update (period ending 30 June), New York-listed gambling technology group International Game Technology Plc (IGT)...
1 Article on this Issue

Pine Ridge

article Man sentenced, ordered to pay restitution for defrauding IRS (8/1/2019)
(South Dakota) -- A man who defrauded the IRS and targeted people on the Pine Ridge Indian Reservation has been sentenced to 6 1/2 years in prison. The Rapid City...
1 Article on this Issue

Bitcoin & Cryptocurrency

article Despite Trump's anti-crypto tweets, the IRS wants its cut of virtual currency profits (7/27/2019)
(USA) -- Cryptocurrency might be a challenge to the primacy of the U.S. dollar, but that's not stopping the Internal Revenue Service from wanting a piece of the...
article IRS issues warning to over 10,000 crypto investors that they may owe money (7/26/2019)
(Washington D.C.) -- Cryptocurrency investors beware — Uncle Sam wants his cut of your returns. The Internal Revenue Service announced on Friday that had begun...
2 Total Articles on this Issue

Sports Betting

article Where Does Sports Betting Tax Revenue Go? (7/20/2019)
(Florida) -- Since the sports betting ban in the United States was lifted in May of last year, over $66 million in tax revenue has been contributed to state and city...
1 Article on this Issue

Other News

article Henderson councilman may still owe millions to IRS (8/23/2019)
(Nevada) -- Henderson Councilman Dan Shaw owed the federal government millions of dollars from a failed business venture. And he still might.Tax records show that in...
article Is the IRS easing up on the wealthy? Residents of lower income, higher Native population counties more likely to be audited (8/18/2019)
(South Dakota) -- Corson and Campbell Counties are situated right next to each other, along South Dakota's northern border. Both encompass vast, sprawling plains,...
article My View: It’s time to act on student loan crisis (8/3/2019)
(USA) -- After reading Scott Reeder’s Aug. 1 op-ed “Student loan forgiveness is bad public policy,” I turned to my wife and said this is like someone...
article Laos Looks To Increase Levies on Gaming as Nation’s Economic Conditions Marginally Improve (6/26/2019)
(Cambodia) -- Casino operators in Laos may be sharing more of their revenue with the government starting next year. Several regional news organizations reported this...
article Czech Republic To Increase Taxes For Gambling Operators (6/18/2019)
(Czech Republic) -- The gambling operators in the Czech Republic will have to pay more taxes from the coming year. The Czech finance minister Alena Schillerová has said...
article Saipan pols propose 10% revenue tax on Imperial Pacific casino (6/17/2019)
(Saipan) -- Saipan casino operator Imperial Pacific International’s gaming revenue tax holiday may be coming to an end, if some local politicians have their way.
article New gambling tax is moving up the agenda here's how it needs to work (6/15/2019)
(UK) -- Gambling has become a talking point in the UK Conservative Party leadership election after the health secretary Matt Hancockcalled fora £100m-plus annual...
article Top bookie boss supports mandatory profits levy for betting firms to help fight gambling addiction (6/15/2019)
(UK) -- The managing director of one of Britain’s biggest bookies has supported a mandatory levy on his company’s profits to combat gambling addiction....
article BLOG: Gambling Tax: It’s not as difficult as you think (5/24/2019)
(UK) -- Whenever someone makes money, the government always finds some way to tax it, so gambling winnings shouldn’t be an exception right? But the answer might...
article Estes cosponsors bipartisan bill to make kiddie tax fair for tribal youth (5/22/2019)
(Washington D.C.) -- U.S. Rep. Ron Estes (R-KS) on May 16 cosponsored a bipartisan bill that would treat certain payments made by Indian tribal governments as earned...
article Nevada, Illinois representatives want jackpot reporting threshold raised to $5,000 (5/18/2019)
(Washington D.C.) -- Two members of Congress from large gaming states asked the Treasury Department Monday to increase the reporting threshold for slot machine jackpots...
article Calls for mandatory tax on gambling industry to treat addiction in UK (5/8/2019)
(UK) -- Gambling laws should be radically overhauled, including a mandatory tax on the industry to fund addiction treatment, according to the authors of a paper. The...
article Imperial Pacific tax payments plummet in 2019 (4/29/2019)
(Saipan) -- Hong Kong-listed Imperial Pacific International (IPI) has paid just US$41,000 in Business Gross Revenue Tax (BGRT) since 1 July 2018, according to officials...
article Ireland to drop 2% turnover tax for favoured two-tier approach (4/16/2019)
(Ireland) -- The Irish Independent has this weekend reported that the Dáil Éireann will move to present a two-tiered betting tax plan to the European Commission for EU-...
article OP/ED: CS Matiang'i right on betting tax, wrong on closure (4/2/2019)
(Kenya) -- Taxation goes as far as the history of humanity itself. The history of application of acceptable tax to humanity and business is dotted with a lot of back and...
article Tribal scholarships no longer subject to tax (3/10/2019)
(Oklahoma) -- Native American students who receive scholarships from their tribe are no longer required to pay taxes on those dollars, even if students use the funds for...
article New rules for gamblers take effect (3/10/2019)
(Oklahoma) -- The Tax Cuts and Jobs Act that was passed in late December 2017 made certain changes to the rules concerning gambling winnings and losses. The main change...
article Turf Authorities of India push for lower taxes on horse races (3/9/2019)
(India) -- India’s Goods & Services Tax (GST) system is currently a hot-button topic in the country. In addition to a push for a single-tax system for state...
article Gambling Loss Deduction Can Be Claimed on 2018 Tax Return (3/7/2019)
(USA) -- With sports gambling becoming more and more prevalent across the U.S., many Americans have something else they can surprisingly claim on their tax return...
article There's a huge tax bill if you hit the $348 million Powerball or $267 million Mega Millions jackpot (3/1/2019)
(USA) -- If you manage to hit the jackpot in the next Mega Millions or Powerball drawing, don't forget that the taxman will be waiting in the wings to claim a piece...

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