Tag: Taxes
Betting And Gaming Council Calls On UK Chancellor To Reconsider “Stealth Casino Tax”
The Betting and Gaming Council (BGC), the UK’s only wagering and gaming industry body, has called on the Chancellor to reconsider indirect tax on land-based casinos, the [more…]
Combined Income From Virginia’s 3 Casinos Reaches Almost $50M; HR Bristol Exceeds $215 Million Since Official Opening
It was recently reported that Bristol Casino: The Future Home Of Hard Rock, exceeded over $215 million in adjusted gaming income last month, aka October, approximately 16 [more…]
Romania Issues Draft Emergency Ordinance To Introduce Changes In Gambling Industry
New measures offiicially adopted on October 5 via the Emergency Ordinance (GEO) that external advertising will be restricted to 35 square meters and that casinos can no [more…]
Fun88 Named Best Choice For Online Betting In India After Shutdown Of Famous Brands
Following the many shutdowns of well-known operators in India that have taken place recently, Fun88 has quickly came out as the main destination for gaming and online [more…]
Sportech Intends To Remove Stocks From London’s Junior AIM; Pre-Tax Loss Significantly Reduced
UK-based entertainment and online gambling firm Sportech, intends to ask for shareholder validation to remove its shares from London’s junior Alternative Investment Market (AIM) because of the [more…]
Playtech Beats Market Forecasts As US Growth Causes Excellent H1 Revenues
Playtech, the largest global publicly traded online gaming software developer based in Douglas, Isle of Man, should beat market assumptions in 2023 due to excellent revenues throughout [more…]
Tabcorp Reveals 5% Market Share Growth; Exceeds FY23 Predictions
Tabcorp, a flagship Australian gambling company/provider of betting and gaming products and services based in Melbourne, stake rose over 5% on Thursday following a report of net [more…]
Michigan Gaming Control Board Votes Unianimously To Extend Licenses For 3 Detroit Casinos; Properties Collected $107.2M In Gambling Income In July
Throughout its scheduled public meeting, the Michigan Gaming Control Board (MGCB) voted unopposed to validate license extensions for MotorCity Casino, MGM Grand Detroit and Hollywood Casino at [more…]
Macau Gaming Tax Profits For First Six Months Of 2023 Reach US$3.33 Billion
On Friday, July 21, the Macau government disclosed that it had accumulated a total of MOP$26.8 billion, which is approximately US$3.33 billion, in gaming tax income during [more…]
Indian Government Hits iGaming Industry With 28% Tax
It was recently revealed that the Indian government has stated that it would levy a 28% tax on the funds online gaming firms earn from their clients [more…]
KHRC Validates Introduction Of Sports Betting For Retail In Kentucky; To Take Effect Concurrently With Beginning Of NFL Season
Yesterday, July 10, it was revealed that the Kentucky Horse Racing Commission (KHRC) has validated the introduction of sports wagering. In addition, it will go into effect when [more…]
Sri Lanka’s Cabinet Of Ministers Validates Establishment Of Gambling Regulatory Authority
The Cabinet of Ministers of Sri Lanka officially validated a proposal to draft legislation to create the Gambling Regulatory Authority (GRA), whose main task will be to [more…]
Rhode Island Governor Signs iGaming Bill Into Law
Yesterday, June 22nd, Gov. Dan McKee officially signed into law Senate Bill 948, which expands Bally’s land-based casino monopoly into iGaming. However, the governor decided to sign [more…]
Richmond City Council Votes To Bring To Life Proposed Casino Project; Second Referendum To Be Held This Fall
During a meeting Monday night, June 12, the Richmond City Council voted 8 to 1 in favor of the bill that would put ONE Casino+Resort back on [more…]
The Power of a Bitcoin Roth IRA: A Guide to Future-Proof Investments
As we venture further into the digital age, the traditional financial landscape continues to evolve, making space for groundbreaking financial instruments. One such instrument is a Bitcoin [more…]
BitcoinIRA: Investopedia’s Premier Choice for Crypto IRAs
During challenging economic times and unpredictable markets, investors are always on the lookout for alternative assets to bolster their portfolios. The allure of cryptocurrencies is ever-growing for [more…]
Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says
Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Meanwhile, Russian companies are [more…]
WARN Notice Submitted By Vernon Downs; Casino Prepares To Close
New York’s Vernon Downs Hotel Casino has filed a WARN notice with the New York State Department of Labor outlining plans to officially close by the end [more…]
Increased Gaming Revenue in Macau During the Q1 of 2023
The Macau government recently announced some excellent news for the whole gaming industry in Macau. Gaming tax revenue in Macau in the March 2023 quarter is higher [more…]
Do You Need a Crypto Tax Accountant?
The complexity of tax laws can make it challenging to determine your crypto tax obligations. Both newcomers and seasoned investors may require assistance in understanding their responsibilities. [more…]
BitcoinIRA Mobile App Features
The BitcoinIRA mobile app is optimized with powerful features to empower your retirement savings, trading, and HODLing needs. Read on for the top features and capability of [more…]
