Tag: Taxes
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
Nebraska proposes taxes on skill game machines
Nebraska lawmakers have advanced a bill that would increase taxes on skill video gaming machines in convenience stores and bars. LB 685 was... more
New York dominates U.S. sports betting tax revenue
The latest data from the U.S. Census Bureau’s Quarterly Survey of State and Local Tax Revenue for the third quarter of 2023 shows... more
Nebraska auditor flags casino reporting issues
A recent report from Nebraska State Auditor Mike Foley highlights compliance issues faced by the Nebraska Racing and Gaming Commission on... more
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





