Saturday, December 16, 2017

Pennsylvania legislators adjourn without resolving casino tax shortfall

In Pennsylvania, legislators have adjourned for the remainder of the year without approving controversial legislation that would have legalized online gambling and reinstated a local share tax on casino revenues. A measure...

Tinian Dynasty Casino owner faces federal tax lien

On Friday, the United States Internal Revenue Service filed a notice of federal tax lien against Hong Kong Entertainment (Overseas) Investment Ltd. The company is the owner of the Tinian Dynasty...

Pennsylvania legislator offers reassurance on casino tax debacle

Despite adjourning for the remainder of the year last week without approving a measure that would have reinstated a local share tax on casino revenues, a Pennsylvania legislator is advising potentially...

Rivers Casino agrees to pay Pittsburgh $10 million in gambling tax revenue till 2017

The city of Pittsburgh announced in early October that it had requested the Rivers Casino to voluntarily remit $10 million in gambling taxes. City officials stated that discussions between casino officials...

New Tax Regulation Cuts Russian Bookmakers Some Slack

This week brought another break for Russian sport betting providers, as the Russian government decided to reduce the size of mandatory taxes that bookmakers have to pay to support the sport...

Islandia 2017 budget proposal fattened by OTB casino revenue

As a result of the expected revenue from a Suffolk OTB casino being developed in the Marriott Hotel, a $4.4 million budget for 2017 has been proposed by Islandia officials. According to...

Michigan tribe distributes portion of net slot earnings

In Michigan, the Saginaw Chippewa Indian Tribe has announced that it has handed out just over $3 million to local schools and governments as part of the semi-annual distribution of net...

In depth: New York casino tax breaks draw criticism

In New York, four new casino resorts are set to begin operations from as early as next week amid criticism that previously agreed arrangements with local governments will see a trio...

Israeli authorities looking into billionaire James Packer’s ties with Israeli Prime Minister Benjamin Netanyahu’s...

Australian billionaire James Packer who is the biggest shareholder in Crown Resorts has come under the radar of Israeli authorities after showering Israeli Prime Minister Benjamin Netanyahu and his family with...

Japan’s lower house passes casino bill; Expected to be signed into law by Dec....

Japan has taken another major step toward lifting the country’s ban on casinos and opening what could become one of the world’s most lucrative gaming markets. On Tuesday, the lower house of...

APLICATIONS

Kindred Group and researchers; more collaboration central to minimizing problem gambling

Together, online gambling operator Kindred Group (KINDSDB:Stockholm) and the Foundation for Social Welfare Services hosted the Responsible Gaming Conference 2017 on Wednesday, September 20...

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