Tag: Taxes
SBC Summit Latinoamérica: Andes nations share a mountain range, but not gaming regulations
A common theme throughout the recently concluded SBC Summit Latinoamérica was, how on a continent where most nations speak the same... more
G2E: Impact of sports-betting tax increases raised by industry panel
The doubling of taxes from 10% to 20% on Ohio sports betting over the summer as part of the state’s new budget has raised the prospects... more
As sports betting spikes, help for problem gamblers expands in some states
When the NFL season kicks off this week, Kentucky residents and visitors — for the first time — will be able to legally place sports bets... more
Brazil regulates sports betting, taxes companies amid scandal
SAO PAULO (AP) — Brazil’s government issued a provisional decree on Tuesday to authorize sports betting and tax companies’ revenues by 18%.... more
Oklahoma governor’s feud with Native American tribes continues over revenue agreements
OKLAHOMA CITY (AP) — Oklahoma Gov. Kevin Stitt’s ongoing feud with many of the Native American tribes in the state has grown so contentious... more
Pennsylvania sets revenue record of $5.5 billion in 2022-23
The Pennsylvania Gaming Control Board reported record tax revenue for fiscal year 2022/2023 of $2.3 billion, from gaming revenue of $5.5... more
Ontario issues Q4 gaming-revenue payments to municipal partners hosting casinos
The Ontario Lottery and Gaming Corporation (OLG) has made $28,753,394 in fourth-quarter (Jan. 1 through March 31) installment payments to... more
Kentucky’s new sports betting law sparks talk of launch, use of revenues
FRANKFORT, Ky. (AP) — Gov. Andy Beshear promised an accelerated push Friday to get legal sports wagering started in Kentucky, saying he’d... more
Federal bill would raise slot jackpot tax report threshold to $5,000
ATLANTIC CITY, N.J. (AP) – The gambling industry and some of its allies in Congress are renewing a push to decrease the number of... more
