Tag: Taxes
NCLGS: Operators argue their case that taxation needs to be fair, competitive
The panel title was “Just the Facts, Ma’am,” the topic whether gaming companies are living up to their tax obligations. If any... more
Former Pennsylvania governor condemns proposed skill game tax rate
In an opinion piece in the Erie Times-News, former Pennsylvania Governor Ed Rendell condemned plans to introduce lower tax rates on skill... more
Illinois: Hard Rock Casino event tickets could be subject to amusement tax in Rockford
Rockford officials are contemplating including Hard Rock Casino in a tax area that would subject its event tickets to a 5 percent amusement... more
States bet on boosting taxes for online sports betting companies like DraftKings, FanDuel
NEW YORK (AP) — States are looking to increase their take from the $16 billion online sports gambling industry as it expands across the... more
Higher tax rates for sports betting can spread to other states
States run the risk of going too far in their tax rates on sports betting after Illinois’s recent increase and it could become a trend if... more
Analyst: Illinois sports betting tax hike could trigger other states to follow
A gaming analyst fears an Illinois tax hike for online sports betting could spread to other states, degrading the product and pushing... more
Illinois tax boost takes immediate toll on DraftKings shares
According to J.P. Morgan analyst Joseph Greff, shares of DraftKings declined 11 percent in early trading Tuesday. He attributed the falloff... more
Michigan tribal casinos report a decrease in government payments in 2023
An annual report published by the state in April revealed that Michigan’s tribal casinos contributed $30.3 million in winnings to... 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
Illinois governor’s proposed budget includes sports betting tax hike from 15% to 35%
CHICAGO (AP) — Illinois Gov. J.B. Pritzker pitched a $52.7 billion state spending plan Wednesday with more money to address the migrant... more






