Tag: Taxes

02/21/24 7:49 PM

Illinois governor’s proposed budget includes sports betting tax hike from 15% to 35%

  • Sophia Tareen, Associated Press
CHICAGO (AP) — Illinois Gov. J.B. Pritzker pitched a $52.7 billion state spending plan Wednesday with more money to address the migrant... more
02/15/24 3:21 PM

Nebraska proposes taxes on skill game machines

  • Conor Murphy, Special to CDC Gaming Reports
Nebraska lawmakers have advanced a bill that would increase taxes on skill video gaming machines in convenience stores and bars. LB 685 was... more
02/15/24 12:14 PM

New York dominates U.S. sports betting tax revenue

  • Conor Murphy, Special to CDC Gaming Reports
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
01/24/24 11:50 AM

Nebraska auditor flags casino reporting issues

  • Conor Murphy, Special to CDC Gaming Reports
A recent report from Nebraska State Auditor Mike Foley highlights compliance issues faced by the Nebraska Racing and Gaming Commission on... more
11/05/23 9:22 AM

SBC Summit Latinoamérica: Andes nations share a mountain range, but not gaming regulations

  • Scott Long, CDC Gaming
A common theme throughout the recently concluded SBC Summit Latinoamérica was, how on a continent where most nations speak the same... more
10/09/23 6:18 PM

G2E: Impact of sports-betting tax increases raised by industry panel

  • Buck Wargo, CDC Gaming
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
09/05/23 9:01 PM

As sports betting spikes, help for problem gamblers expands in some states

  • David A. Lieb, Associated Press
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
07/25/23 8:33 PM

Brazil regulates sports betting, taxes companies amid scandal

  • Mauricio Savarese, Associated Press
SAO PAULO (AP) — Brazil’s government issued a provisional decree on Tuesday to authorize sports betting and tax companies’ revenues by 18%.... more
07/22/23 2:18 PM

Oklahoma governor’s feud with Native American tribes continues over revenue agreements

  • Sean Murphy, Associated Press
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
07/18/23 3:10 PM

Pennsylvania sets revenue record of $5.5 billion in 2022-23

  • Rege Behe, CDC Gaming
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