Tag: Taxes
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
