Tag: Taxes
Senate Republicans block attempt to roll back tax hike on professional gamblers
WASHINGTON (AP) — Senate Republicans on Thursday blocked an attempt to reverse a little-noticed provision from their tax and spending... more
NCLGS opening panel spans online growth, tax rates, tribes, cybersecurity
The topics covered by the five speakers on the commencement panel of the National Council of Legislators from Gaming States (NCLGS) Summer... more
National Thoroughbred Racing Association concerned about tax change on gambling losses
While President Trump’s “One Big Beautiful Bill” saw the industry successfully rally support for a number of its initiatives, it saw... more
Bipartisan effort mounts to repeal gambling tax hike in Trump bill
Members of Congress from both sides of the aisle are seeking to repeal the provision in the One Big Beautiful Bill Act that levies onerous... more
Senate bill to roll back gambling losses tax deduction cut coming Thursday
Nevada Democratic Sen. Catherine Cortez Masto will introduce legislation to the Thursday to repeal a tax provision on gambling losses this... more
Certain senators had no idea they voted for controversial gambling tax
The massive tax and spending bill that President Donald Trump signed into law last week contains a provision limiting tax deductions for... more
New Jersey: Meadowlands, Monmouth racetracks get $3.5M each from state to offset tax hike
New Jersey’s two racetracks are each getting $3.5 million in the state’s record-high budget to offset cost increases from a tax hike... more
OPINION: ‘No tax on tips’ sounds great until you explore the history—as many will soon discover
A few weeks ago Charles Rangel, the Lion of Lenox Avenue, was carried into St. Patrick’s Cathedral in New York City with a full military... more
Massive tax legislation positive for U.S. casino industry and Las Vegas, CBRE analyst says
A Wall Street analyst said the One Big Beautiful Bill Act signed by President Trump over the weekend should be positive for the domestic... more
Quick Custom Intelligence releases win/loss toolkit for new tax regulations
Quick Custom Intelligence on Tuesday released a trade-secret protected Big Beautiful Bill‑Optimized Win/Loss toolkit, a new package... more
