Taxes

Sarkis Izmirlian and his group of financial investors pumped in $3.5 billion to develop the Baha Mar Casino Resort in the Bahamas and initially expected the casino resort to be opened in December 2014. The mega casino resort was expected to play a vital role in generating thousands of...
In India, the government for the small state of Goa has passed legislation that considerably increases the license fees for land-based casinos while introducing two new offshore casino licensing categories. According to a report from The Times Of India newspaper, land-based casinos with a total area of up to 1,076...
The four land-based casinos in Ohio have contributed just over $1 billion in tax to the Midwestern state’s cities, counties, schools and agencies since opening in 2012 and 2013 including $65.31 million in the three months to the end of June. According to a report from the Ohio Department Of...
After previously taking aim at the online gambling sector, the administration of newly-elected Philippine President Rodrigo Duterte has now turned his attention to the nation’s land-based casino industry by announcing plans to end tax breaks for venues located in Manila’s Entertainment City. The three-square-mile Entertainment City district is already home...
Solaire Resort and Casino owner and operator Bloomberry Resorts Corp (BLOOM.PS) says that the Supreme Court of the Philippines has decided in its favor regarding a corporate tax imposed by the Bureau of Internal Revenue (BIR), according to GGRAsia. The tax dispute has to do with a 30 percent corporate...
The Arizona Department Of Gaming has announced that public bodies in the state can expect to receive just over $25 million in contributions from tribal gaming operations for the second quarter of the year, which represents a 2.9% decrease compared with the same period in 2015. Arizona has 23 tribal casinos...
Sanum Investments, a subsidy of Lao Holdings NV, which formerly managed the Savan Vegas Hotel and Casino located in the Savannakhet Province of Laos, has successfully argued its legal case against the government of Laos regarding its claim that its casino business was unjustly cancelled, reports the Straits Times. According to...
According to a recent news release by Governor Andrew Cuomo’s office, 22 counties, and municipalities throughout upstate New York will benefit from $30 million in casino license fees paid by the state’s newly licensed Las Vegas-style casinos. The county payouts are courtesy of the 2013 Upstate New York Gaming and...
The Cambodian government has encouraged the casino industry to flourish in the country and its 69 licensed casinos have witnessed a combined increase in revenues during the first nine months of this year bringing in an additional $34.7 million in gambling taxes, which is a 35.5% increase when compared...
The Best Sunshine Live Casino located in Saipan which is a part of the Commonwealth of the Northern Mariana Islands (CNMI) has been open for just over a year and has already contributed a significant amount of revenue in the form of gaming taxes to the CNMI government. Hong...
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