Legal
US Casinos against IRS Proposal to Lower Win Reporting Threshold
- March 9, 2015 By Oliver Young -
The American Gaming Association and the US land casino companies are strongly against changing the tax code in the United States. These statements came after IRS proposed lowering the win reporting threshold, something that casinos believe would have a negative impact on the whole gambling industry. “This would have a very negative impact on business,” […] Continue Reading
Nevada Supreme Court Rules Against High Roller In Marker Case
- March 4, 2015 By Oliver Young -
The Nevada Supreme Court upheld the continuality of the markers law in a very interesting case which involves a high roller who refused to pay back the money casinos loaned him in order to gamble. The accused, Harel Zahavi, was convicted in 2011 of never paying off $384,000 in markers he took from the Palazzo […] Continue Reading
Portugal Finally Opens up to Foreign Gambling Operators
- March 3, 2015 By Nemanja L. -
Portugal has edged closer to regulating the online gaming market as the Council of Ministers gave the new legislation the all clear, with president Anibal Cavaco Silva set to sign the bill into law. The government has been debating over the new legal framework for several months and they finally reached an agreement that should […] Continue Reading
GamblingCompliance Report Predicts Expansion of Online Gambling in the US
- March 2, 2015 By Oliver Young -
GamblingCompliance (GC) is a company that specialises in providing crucial analytical services to online gambling industry. The reason why this name can be found in many headlines these days is their latest report called “US Internet Gambling in Focus: 2014 and 2015,” in which an expansion of online gambling in the country is predicted. Besides […] Continue Reading
Pennsylvania Presents a New Gambling Bill
- February 26, 2015 By Nemanja L. -
Pennsylvania have stepped up their efforts to fully regulate gambling in the state as Rep. John Payne presented a new online gambling bill. The chairman of the House of Representatives Gaming Oversight Committee revealed his plans to decrease the expected $2 billion budget deficit with the help of improved online gaming revenue. Payne’s HB 649 […] Continue Reading
Indiana Casino Bill Set for Final Vote Today
- February 25, 2015 By Oliver Young -
The State of Indiana is in the centre of the attention of the gambling industry today since the House is set to vote on the Indiana Casino Bill. Yesterday, lawmakers decided to reject the provision of a bill which proposed the amount of $200 million to be taken from communities that operate casinos. Today, they […] Continue Reading
New Hampshire Legislature Still Debating Casinos
- February 24, 2015 By Samantha A. -
Last year a bill to approve casinos in the State of New Hampshire was denied by one vote. The bill was driven by a decision from a superior court that ruled the state’s tax on hospitals was unconstitutional. The revenue from that tax was 185 million dollars annually. The proposed income from two operating casinos […] Continue Reading
Another Online Gambling Legalization Bill Proposed In South Africa
- February 23, 2015 By Oliver Young -
Online gambling never seems to stop attracting the attention in South Africa as it is again up for debate after a private member bill PMB3-2015 for legalizing iGaming has been proposed. However, this topic seems to be anathema to the African National Congress, the ruling party of the country. The bill was proposed by an […] Continue Reading
The Court Sides with The Golden Nugget In a $1.5 Million Dispute
- February 18, 2015 By Oliver Young -
One of the stories that probably will not end in the near future is the dispute between a group of 14 gamblers and the Golden Nugget Atlantic City Casino. The case was opened in 2012 and all this time the court can’t seem to decide which side should get the $1.5 million. However, the Judge […] Continue Reading
Mexico Aims to Legalize Casinos in Tourist Resorts
- February 18, 2015 By Nemanja L. -
Land-based casinos in Mexico’s leading tourist resorts are set to become a reality with Acapulco, Baja California and the Mayan Riviera all expected to open its doors to gambling establishments. The Interior Ministry revealed its plans at a press conference held last week, and they hope the new strategy will prevent new casinos from opening […] Continue Reading