Tag: Taxes
Massachusetts tax data reveals growing gambling wins, and losses
Massachusetts taxpayers have to report gambling wins and losses, and the data reported by the state Department of Revenue is revealing. It... more
North Carolina proposes doubling online sports betting tax to 36 percent
North Carolina Senate Republicans have unveiled a budget proposal to double the tax rate on sports betting operators, which would see it... more
Danville proposes using Caesars Virginia tax funds for monthly utility credit
City Manager Ken Larking announced that the city has an additional $3.1 million in gaming tax revenue from Caesars Virginia, which could be... more
Atlantic County, New Jersey reach settlement agreement on casino PILOT suit
Atlantic County and the state have come to a settlement agreement over the ongoing litigation regarding the 2021 amendments to the casino... more
Do congressional Republicans have room in their budget to end taxes on tips?
There’s a bit of Groundhog Day energy in Washington these days — every Monday, I think that maybe this week will be quieter, and yet by... more
Pennsylvania: How much property tax relief have homeowners received after legalizing casinos?
It’s been two decades since Pennsylvania legalized casinos with the promise of “property tax relief” for homeowners. Has that law... more
North Carolina lawmakers want to pay high school coaches with sports betting taxes
Lawmakers in North Carolina are proposing the state use a new revenue source to help pay high school coaches. That source? Sports betting.... more
Virginia: Petersburg to receive $10M in new fire trucks from first of casino funds
The Petersburg Fire Department is set to receive its largest influx of new equipment in decades, marking a significant leap in the... more
Nevada congresswoman revives effort to kill federal sports betting tax
Rep. Dina Titus is taking another swing at ending the federal “handle tax” on sports bets. Titus, D-Nev., and Rep. Guy Reschenthaler,... more
Maryland lawmakersagree to water down sports betting tax hike
Maryland Gov. Wes Moore and key members of the state legislature appear to have struck a budget deal that includes a lower tax hike for... more