Tag: Taxes
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
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
