Tag: Taxes
Colorado voters may be asked to send more sports betting money to water projects
Colorado voters may be asked to let more money flow to water projects by allowing the state to keep all of the sports betting tax revenue... more
Iowa: Win or lose, Polk County in awkward position as it fights Prairie Meadows tax challenge
In an odd legal fight, Polk County leaders are opposing cutting the government’s own tax burden. The county, which owns the land and... more
FanDuel urges customers to help stop Illinois sports betting tax hike
FanDuel Sportsbook is urging customers to reach out to state lawmakers in an effort to stop the proposed tax hike on Illinois sports... more
Nevada hotels could pay $8.1 billion in taxes this year
Nevada is expected to pay some of the highest hotel compensation and hotel-generated tax revenue in 2024, according to new industry report.... more
New York: Islandia to eliminate village property taxes once Jake’s 58 expansion is complete
The Village of Islandia plans to eliminate property taxes once the Jake’s 58 casino expansion is complete, saving village residents... more
Massachusetts arts funding designed to mitigate casinos’ entertainment clout
As part of a funding program for municipal and nonprofit performing arts centers, the Massachusetts Cultural Council is awarding over... more
New York City: Genting pledges $1 billion in taxes to win casino license
The owner of the Resorts World casino in New York City said an expansion of its gambling offering there would lift its tax payments to the... more
Florida governor signs bill that directs gambling revenues to fund environmental projects
Gov. Ron DeSantis was in Broward County on Thursday, where he signed legislation that will allocate hundreds of millions of dollars from... more
Economist’s Pennsylvania gambling policy brief highlights revenues, risks
Frank Gamrat, Executive Director of the Allegheny Institute for Public Policy, has published a three-page policy brief on the state of... more
OPINION: Gambling expansion continues to pay off for Illinois
Changes on Illinois’ broad — and getting broader — gambling front produced $5.4 billion in gross revenues and $1.5 billion in tax... more