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 cuts... 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
AGA backs bill to restore 100% deduction on gambling losses
The American Gaming Association released a statement Monday backing proposed legislation to restore the 100% deduction for gambling losses.... more
Wall Street Bets: Illinois tax increases, Las Vegas outlook, New York OSB, Gambling.com
OSB tax increases in Illinois Jefferies’ David Katz on June 16 looked at how some companies are reacting to the increase of taxes on... more
Wall Street Bets: Illinois OSB tax increase, New York OSB, Las Vegas Strip
Wall Street Bets is a roundup of recent notes from analysts covering the gambling industry. Surprise tax increase in Illinois Barry Jonas... more
Things to know about ‘no tax on tips,’ Trump’s tax pledge that’s in the GOP budget bill
NEW YORK (AP) — President Donald Trump’s “ no tax on tips ” pledge became a catchphrase for his 2024 campaign. Now it’s inching closer to... more
U.S. lawmakers reintroduce bill to eliminate federal sports betting handle tax
For the fourth time since the proliferation of sports wagering, Democratic Representative Dina Titus of Nevada and Republican Guy... more
Analyst: Little impact on Rush Street Interactive from sudden Colombian tax
By presidential decree, Colombia has imposed a 19 percent value-added tax (VAT) on deposits with igaming operators. In a February 18... more
American Gaming Association welcomes Trump to Las Vegas, signals industry priorities
The American Gaming Association (AGA) weighed in on President Donald Trump’s visit to a downtown Las Vegas casino on Saturday. AGA member... more
