Tag: Taxes
Louisiana lawmaker highlights $4.6 billion in lost revenue to unregulated casinos
Louisiana State Rep. Mike Echols highlighted that the state is losing around $4.6 billion in annual revenues to unregulated online casino... more
Lawmaker group proposes 15%-25% tax for igaming expansion
The National Council of Legislators from Gaming States (NCLGS) has drafted model legislation to guide states considering authorizing... more
Louisiana lawmaker proposes hiking sports betting tax to 51 percent
Louisiana State Rep. Roger Wilder III has introduced a bill that seeks to raise the state’s tax rate on sports betting revenues from 15 to... more
Missouri sports betting ballot measure highlights national debate about gambling tax rates
The ads promoting a ballot measure to legalize sports betting in Missouri tout the potential for millions of new tax dollars devoted to... more
G2E: Look for more states to increase tax rates for sports betting
It’s a challenge for sports betting operators to keep up with the ever-changing regulatory and tax landscape across the U.S. that shows no... more
UK tax proposal “unrealistic,” Jefferies analyst says
Labour government plans to steeply increase taxes on gaming firms “would effectively wipe out listed operator profitability and likely pose... more
Dotty’s waives interest on Nevada tax overpayments, but claims nearly $5 million in refunds
Nevada bar chain Dotty’s told the Nevada Gaming Commission Thursday that it won’t pursue collecting nearly $250,000 in interest for... more
Borgata, Atlantic City’s top casino, underpaid its online gambling taxes by $1.1M, regulators say
ATLANTIC CITY, N.J. (AP) — New Jersey gambling regulators say Atlantic City’s top-performing casino, the Borgata, underpaid some of its... more
Why candidates’ proposals to end federal income tax on tips would be difficult to enact
Former President Donald Trump and Vice President Kamala Harris agree on one thing, at least: Both say they want to eliminate federal taxes... more
FanDuel rules out imposing winning-bet surcharge, leading DraftKings to drop its plans
Top executives of FanDuel parent Flutter Entertainment spoke mostly in generalities during Tuesday’s second-quarter earnings call. But they... more





