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Hungarian slot machine operators make last-ditch effort to head off 500% tax hike

An open letter from the gaming association urges Prime Minister Viktor Orbán to delay by one year the bill that will hike the tax on slot machines by 500% from November 1.

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Casino Taxes

4/23/2012

article More questions than answers at Nevada tax workshop
(Nevada) -- There were more questions than answers Monday during a Department of Taxation workshop on taxing complimentary meals given to casino patrons and employees.
article State back at drawing board on comp meals tax but says casinos must pay
(Nevada) -- The Nevada Taxation Department is going back to the drawing board to rework a regulation imposing a sales tax on complimentary meals that casinos give to...

2/28/2012

article PODCAST: Counting the cost of the new 1% gambling levy.
(South Africa) -- Sun International CFO, Rob Becker, explains how the new tax will affect their numbers. ALEC HOGG: In this Boardroom Talk special podcast Rob Becker,...

2/27/2012

article Casino Tax Dispute Delayed Until Fall
(West Virginia) -- A couple of disputes over property assessments will remain up in the air until this fall. Mardis Gras Casino in Cross Lanes believes the assessor...

2/19/2012

article Land-based casinos call for overhaul of tax system that favours online rivals
(UK) -- The National Casino Industry Forum is calling for an overhaul of the current ‘absurd’ and ‘complicated’ tax system that favours online...

2/17/2012

article Boyd sues over ruling that it must pay tax on comped meals
(Nevada) -- Boyd Gaming Corp. of Las Vegas, as expected, has filed a lawsuit to overturn rulings by the state Tax Commission requiring it to pay sales taxes on...

2/11/2012

article Taxing times in Gibraltar
(Spain) -- PLANS to impose a gaming tax on offshore gambling companies operating in the UK could affect thousands of jobs in Gibraltar. Under proposed legal changes,...

2/10/2012

article Longview council lowers casino's taxes; owner says he may cash out
(Washington) -- The Longview City Council on Thursday lowered the Cadillac Island Casino's gambling taxes — but not as much as the casino had requested.

2/4/2012

article Prince George's lawmakers worried Baker's tax-break program is too broad
(Maryland) -- Prince George's County lawmakers are concerned that a proposed program to grant tax breaks to developers is too broad and would aid gambling businesses.

2/3/2012

article PJ Pockets Casino closes | City cut gambling tax in 2010
(Washington) -- PJ Pockets Casino has closed again, this time for good. The casino, located at South 324th Street and Pacific Highway, shut down Jan. 31. A woman...

2/1/2012

article City Council approves one-year tax break for Longview casino
(Washington) -- The Longview City Council Friday morning agreed to give a one-year break in the gambling tax that it hopes will keep the city's only casino alive.

1/27/2012

article City Council approves one-year tax break for Longview casino
(Washington) -- The Longview City Council Friday morning approved a one-year break in the gambling tax that it hopes will keep the city's only casino alive.

11/27/2011

article Support Builds For Offshore Gambling Taxation
(UK) -- UK politicians continued their debates this week into the ideas of secondary licensing requirements for offshore online gambling companies.

11/26/2011

article Gambling on tax may backfire
(UK) -- Proposals to change the taxation of online betting companies which are based offshore could lead to 40 per cent of gamblers using unauthorised traders.

11/20/2011

article Big casino markets don’t mean big casino taxes
(Florida) -- A proposal to bring three massive casino resorts to South Florida would also bring with it one of the lowest casino taxes in the country.

11/19/2011

article Compromise reached concerning Harrah’s on live entertainment tax
(Las Vegas) -- Should a casino company have to pay the state’s live entertainment tax if a piano player, guitarist or small band is playing ambient background...

11/18/2011

article Document: State’s gambling powerhouse wants casino tax loophole closed
(Colorado) -- Black Hawk, the state’s gambling mecca, wants regulators to close a tax loophole that provides an “unfair and anti-competitive tax advantage...

11/17/2011

article Black Hawk tells state it wants "clarity" on gambling tax loophole
(Colorado) -- In its first public remarks on the issue, the city of Black Hawk pushed Thursday for "clarity" on a licensing and tax loophole that regulators...
article Colorado gaming panel again puts off decision on casino tax change
(Colorado) -- Increasing gambling taxes on commonly owned contiguous casinos could create a loss of more than 700 industry jobs and a negative economic impact of $20.2...

11/13/2011

article EU Okays Lower Taxes For Danish Online Gambling
(Denmark) -- EU regulators have given the go-ahead for Denmark to implement a lower tax rate for online gambling operators than for land-based operators.

11/9/2011

article Audit seeks casinos to lose tax shelter
(Colorado) -- State auditors recommended Tuesday that the Colorado Limited Gaming Control Commission consider ending a tax shelter for casino owners that is costing the...

11/8/2011

article Auditors urge changes in Colorado gambling regulations
(Colorado) -- State auditors have recommended changes to Colorado's gambling regulations after determining that some casino owners are exploiting a tax loophole to...
article Colorado auditor: Casino tax system hampers competition
(Colorado) -- The Colorado Office of the State Auditor weighed in Tuesday on a controversial proposal to increase taxes on adjoining casinos owned by one company,...
article GOP blasts proposed tax changes for Colo. casinos
(Colorado) -- Colorado Republicans criticized a recommendation Tuesday to make casinos pay taxes under a single license so the state can collect millions more dollars...

10/27/2011

article Court sides with racinos in tax dispute with state
(Indiana) -- A federal bankruptcy court has sided with two Indiana racinos in a dispute over their tax burdens, a ruling that could reduce the total amount they pay into...

10/19/2011

article Atlantic City to borrow $38.5 million for refunds of overpaid property taxes
(Atlantic City) -- Officials decided Wednesday night to borrow $38.5 million to refund tax overpayments to resort property owners — and more than 90 percent of...

10/18/2011

article Coalition agrees on gambling taxation
(Czechoslovakia) -- Representatives of the Czech government coalition agreed with Finance Minister Miroslav Kalousek (TOP 09) yesterday on a new way of gambling taxation...

10/12/2011

article Nevada gambling tax income lags behind competitors, but raising rate remains a murky prospect
(Las Vegas) -- For decades, Nevada held a near monopoly on legalized gambling, other states put off by the social stigma and moral qualms surrounding the industry. But...
article Hungarian slot machine operators make last-ditch effort to head off 500% tax hike
(Hungary) -- An open letter from the gaming association urges Prime Minister Viktor Orbán to delay by one year the bill that will hike the tax on slot machines by 500%...

10/7/2011

article Nevada’s tax income from gaming well below other markets
(Nevada) -- For decades, Nevada held a near monopoly on legalized gambling, other states put off by the social stigma and moral qualms surrounding the industry. But in...

10/6/2011

article Tax break in casino law may cost schools $100M: study
(Illinois) -- Stalled legislation authorizing a Chicago casino could wind up costing Illinois schools more than $100 million over a two-year period, according to an...
article Studies project millions in tax revenue from Rosecroft slots
(Maryland) -- Renewed jostling to expand gambling in the state began Wednesday as a national casino operator painted its proposal to build a casino in Prince George'...

9/27/2011

article St. Louis County Board of Equalization restores River City Casino to 2010 value, stands by cuts to Harrah's
(Missouri) -- The St. Louis County Board of Equalization, following a dramatic hearing Tuesday afternoon about the appraised values of the county's two casinos,...

9/25/2011

article County Executive Dooley Wants Review of Casino Tax Reduction
(Missouri) -- St. Louis County Executive Charlie Dooley has done an about-face on the casino tax assessment issue. On several occasions, the latest at a town hall...
article St. Louis County Board of Equalization to review casino rulings
(Missouri) -- The St. Louis County Board of Equalization will review its recent controversial rulings that cut hundreds of millions of dollars off the assessed values of...
article South-Western and the casino taxes
(Ohio) -- Today's story on the city and county discussions about casino revenue might raise questions about what the schools will get. Here's the answer: The...

9/20/2011

article Appeals Board Slashes Property Tax Bills for County Casinos
(Missouri) -- The St. Louis County Assessor says it doesn’t smell right – a board over which he has no control has cut the property tax bill of county...
article Casino values slashed in ruling St. Louis County assessor calls 'outrageous'
(Missouri) -- In what St. Louis County Assessor Jake Zimmerman has called "an outrageous decision," the county's Board of Equalization has cut hundreds of...

9/18/2011

article Delaware Casino Owners Hoping For Tax Breaks
(Delaware) -- Delaware casinos are hoping that recent revenue figures will convince lawmakers to pass tax breaks. Dover Downs Hotel and Casino CEO Ed Sutor tells WBOC-TV...

9/15/2011

article Delaware Casinos May See Tax Cuts
(Delaware) -- Delaware casinos could soon get a break. Delaware officials are considering cutting taxes on the state's three casinos, allowing them to keep more of...
article Tax cuts for Del. casinos on table
(Delaware) -- Delaware's three casinos would keep a bigger share of their take under a proposal state finance officials have agreed to consider. Although the state...

9/9/2011

article Gambling bill contains little-known tax breaks for Chicago-owned casino
(Illinois) -- Little discussed in the massive gambling expansion approved earlier this year by the Illinois Legislature were new tax breaks for casinos, the main...

8/31/2011

article Judge dismisses Gilpin County’s gaming-revenue suit
(Colorado) -- A Denver district judge has dismissed a lawsuit filed by Gilpin County that alleged gambling regulators have for years misallocated casino-tax revenue.

8/26/2011

article Colo. Casinos Could See $75 Fee Per Slot Machine, Table
(Colorado) -- The Colorado Gaming Commission is looking at taxes and fees for casinos at its October meeting. Commissioners will consider whether to reinstate a...

8/25/2011

article Casino regs in Colorado get second look
(Colorado) -- Colorado gaming commissioners announced Thursday that they want to re-examine gambling device fees and whether the state’s tax structure on commonly...
article October hearing to tackle licensing loophole for Colorado casinos
(Colorado) -- Colorado gambling regulators plan to hold a public hearing in October to review a licensing loophole that casinos are using to lower their tax bills.

8/20/2011

article GALANDA: The State Tax Man Cometh — Redux
(Washington) -- Earlier this year I warned Indian Country that the state tax man cometh. I urged tribal communities to be prepared to defend against state tax collectors...

8/8/2011

article Greenetrack Casino Fighting $75 Million Dollar Tax Bill
(Alabama) -- Greenetrack is fighting a $75 million tax bill from the state and says in court papers the assessment far exceeds the track's assets.

7/30/2011

article Higher taxes, competition hammer Dover Downs' earnings
(Delaware) -- Dover Downs Gaming & Entertainment, Inc. continues to make its case for lower Delaware taxes as the one-casino company battles lower earnings brought...

7/29/2011

article East Chicago hires Indy firm in fight against casino tax appeal
(Indiana) -- The city has enlisted the aid of a heavy-hitting downstate law firm in its battle against Ameristar Casino's push for a massive property tax reduction.

7/24/2011

article Tax Issue Not Yet on Colorado Casino Panel's Radar
(Colorado) -- Officials who replaced members of the state's gambling commission over a tax break for Colorado casinos have yet to discuss whether to repeal it, the...

7/22/2011

article Tax issue not yet on Colorado casino panel's radar
(Colorado) -- Officials who replaced members of the state's gambling commission over a tax break for Colorado casinos have yet to discuss whether to repeal it, the...

7/21/2011

article New Colo. gambling panel meets for first time after resignations over tax break
(Colorado) -- The Colorado panel charged with setting and enforcing rules for gambling are meeting for the first time since Gov. Hickenlooper asked three members to...
article New Colorado gambling board seated; no casino-tax action yet
(Colorado) -- The reconfigured Colorado Limited Gaming Control Commission did not take up the issue of casino tax rates at its first meeting Thursday, but its new...
article No Dice for Casino Tax Cut
(Colorado) -- A tax cut for casinos has sparked an outcry in Colorado, prompting Gov. John Hickenlooper to replace the commission that approved the move even as the...

7/13/2011

article Gilpin County lawsuit seeks larger share of gaming tax-revenue pot
(Colorado) -- The battle over casino-tax revenue has extended to the courthouse, pitting regulators against the county where the bulk of the state's gambling...

7/12/2011

article Casinos defend tax break / Governor last week replaced state gaming commission in protest.
(Colorado) -- Colorado's struggling gambling towns looked to get a lucky break last month when the Colorado Limited Gaming Control Commission voted to cut gaming...

7/11/2011

article Casinos defend tax break
(Colorado) -- Colorado's struggling gambling towns looked to get a lucky break last month when the Colorado Limited Gaming Control Commission voted to cut gaming...
article Colorado casinos clip their taxes through loophole
(Colorado) -- Even before winning a controversial tax break from regulators in May, many of Colorado's mountain casinos were already avoiding hundreds of thousands...

7/10/2011

article Carroll: Don't blame the gaming board
(Colorado) -- What will John Hickenlooper do if his new appointees to the state gaming commission reexamine the casino tax cut he's denounced and refuse to reverse...

7/8/2011

article Court deals Caesars setback in quest for $8.6 million tax refund
(Nevada) -- The Nevada Tax Commission has won a procedural battle with Caesars Entertainment related to the casino company's pursuit of $8.6 million tax refund.
article Tax Break For Colorado Casinos Spurs Resignations
(Colorado) -- Colorado Gov. John Hickenlooper asked for the resignation of three members of the state's gaming commission Wednesday, citing their decision to give...

6/29/2011

article Ameristar will appeal tax assessment to state
(Indiana) -- Ameristar’s bid to reduce the assessed value of its East Chicago casino by $80 million now moves on to the state. The Lake County Property Tax...

6/24/2011

article Ditmer: Tax cuts for casinos hurt state fund
(Colorado) -- Some might call it a robbery. The Colorado Limited Gaming Control Commission is cutting tax rates 5 percent for casinos, thus deleting millions of dollars...

6/23/2011

article Colorado gaming regulators to disclose AG advice on casino tax break
(Colorado) -- Facing scrutiny from Gov. John Hickenlooper over a recent decision to grant a tax break to the casino industry, gaming regulators agreed Thursday to unseal...

6/22/2011

article No movement on gambling taxes, despite specter of Dover Downs layoffs
(Delaware) -- Threatening casino employee layoffs, Delaware’s gambling industry is again asking for relief on paying state taxes. However, the administration and...

6/20/2011

article Casino commission defends tax break, assesses smoking ban's impact
(Colorado) -- Colorado Limited Gaming Control Commission leaders defended a casino tax cut in front of the state Legislature's Joint Budget Committee Monday, saying...
article Gov. John Hickenlooper seeks to overturn casino tax break
(Colorado) -- Gov. John Hickenlooper is exploring ways to overturn a tax break awarded to casinos that could slash millions of dollars in annual funding for community...

6/8/2011

article Hickenlooper Concerned Over Casino Tax Cut
(Colorado) -- Gov. John Hickenlooper says he is concerned about a recently approved casino-tax break that would cut millions of dollars for community colleges and other...

6/7/2011

article Colo. regulators cut taxes on casinos; recipients fear added loss of funding
(Colorado) -- Colorado gaming regulators are cutting the tax rate on casinos by 5 percent, a move that will return to the industry millions of dollars in annual revenue...
article Gov. Hickenlooper bemoans Colorado casino-tax cut
(Colorado) -- A recently approved casino-tax break projected to trim millions of dollars in funding for community colleges and other state organizations that receive...

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