Plainridge Park casino fuels Massachusetts’ coffers and boosts the state’s economy. An economic impact study that gauges the economic effects of the gambling industry on the state of Massachusetts found out that Plainridge Park generated a massive tax revenue of $100 million, adding the creation of long-term jobs for its […]
Casino News
British Columbia Casino Industry Reels From Terrorist Financing Scandal
On 22nd September, Canada’s River Rock Casino Resort was rocked by an anti-money laundering scandal. The newly-elected British Columbia government dug out a buried year-old casino report, which raised some concerns regarding suspicious cash transactions at the River Rock Casino Resort in Richmond. According to the report, the casino accepted […]
Isle of Man’s iGaming Sector Strengthens Positions with Appointment of High-Profile Member
The Isle of Man revealed a key appointment, which is to further enhance its positions on the iGaming market. It was announced that Tony Ure is taking the reins of the Isle of Man’s Department of Economic Development. He was recently appointed as the new Head of eGaming. The official […]
Florida City’s New Poker Room Survives after Fulfilling State’s Deadly Jai-Alai Requirements
In mid-July this year, a new pari-mutuel facility, also known as Kings Court, swung its doors open in Florida City. Only a few months later, it seems that the gambling venue has run into troubles due to Florida’s legal framework for gambling. Under Florida law, all gambling facilities, which would […]
Greek Government Implements Gambling-Friendly Taxes to Attract Foreign Casino Investors
After the economic crisis in Greece left the country on the verge of bankruptcy, the government started to seek for ways to heal the wound and stabilize its economy. Although many people think that the gambling industry has a negative effect on the society, it is actually a key contributor […]
Trinidad and Tobago’s Gambling Tax Reform Stimulates Black Market, Former Minister Says
On Monday last week, Trinidad and Tobago’s government announced its new budget plan for the next fiscal year. It became clear that the officials consider doubling the gambling taxes. The bold move is part of the country’s approach to boost its threadbare economy. This is a big jump, which resulted […]
Massachusetts Senate Candidates Run Good Race Supporting Online Lottery Bill
Voters in Massachusetts will soon elect 1 member to the U.S. Senate. Aiming to up their chances to win a seat, Senate candidates placed the legalization of online lottery across Massachusetts on the table for discussion. According to Lowell Sun, 4 out of 5 candidates backed up the proposal. The […]
Trinidad and Tobago Government Refuses to Budge on Twofold Gambling Tax Hike
Trinidad and Tobago seems to be unwilling to cut back the proposed increase of the tax rates, which are to be imposed on the gambling industry. In an interview after a post-budget conference, Planning Minister Camille Robinson-Regis stated that the tax measures are adequate and the government will not change […]
Trinidad and Tobago’s New Tax System Axes Six Casinos
Trinidad and Tobago’s new tax-heavy plan affected the gaming industry after six of the country’s casinos decided to suspend operations and all the casino workers lost their jobs. This Monday, Trinidad and Tobago’s Finance MinisterColm Imbert introduced the new budget plan for the next fiscal year. According to it, the […]
Australia Tightens the Rope around Lottoland’s Neck
Online lottery betting operator Lottoland came under the spotlight after the Australian politicians decided to launch a crackdown on the offshore casino operators, which target local players. Lottoland has been accused of damaging the locally-run lotteries’ profitability. At present, 3 Australian states want to banish Lottoland, including Victoria, Western Australia, […]