Not all gambling taxation is alike
- Nov 1, 2022
Taxes on gambling entities can zap profits from player losses, but in the U.S. most sports betting and casino companies are getting off easy.
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Taxes on gambling entities can zap profits from player losses, but in the U.S. most sports betting and casino companies are getting off easy.
Read More . . .Is it time to legalize online gambling in Georgia and get in on the bonanza? Many think it is.
Read More . . .The West Virginia Lottery has discussed joining the Multi-State Internet Gaming Agreement (MSIGA) but won’t apply until one of its nine operators says it wants to begin offering multi-state online poker.
Read More . . .The Gaming Commission has said it wants to implement legal sports betting in Masschusetts without unnecessary delay but also without sacrificing its commitment to consumer protection and gaming integrity.
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Massachusetts recently passed online sports betting law gives operators less than half the tax rate of neighboring New York.
Read More . . .The attorney general’s office has completed its expedited, but thorough, review of the several proposed regulations from the Kansas Lottery related to sports wagering and has approved three of those regulations.
Read More . . .The Gaming Commission is not waiting for Gov. Charlie Baker's signature and plans a meeting Thursday morning to begin discussing how it will approach sports betting
Read More . . .Ohio is accepting applications from bars and restaurants that want a sports gambling kiosk, and over 1,000 of them have already started the process.
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Three more entities filed applications for sports betting licenses with the Ohio Casino Control Commission, including the state’s first professional sports team to seek a license, as well as two high-profile operators.
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Hartley looks at how location restrictions and compliance software for Internet betting sites is infuriating for sports bettors and casino gamblers.
Read More . . .A former World Series of Poker bracelet winner has been arrested for his alleged role in a sports betting scheme that collected more than $25 million from victims.
Read More . . .A company accused of operating illegal gambling machines in Missouri made six $40,000 donations this week.
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