budget Archives - Gambling News

The Latest in budget

2020 seems to be off with a bang for the sports betting industry in Kentucky, after HB137, the bill that seeks to legalize online poker, sports betting, and fantasy sports contests, has passed through the committee stages, and now the proposed Budget 2020-2022 by the state Governor, among other sources of revenue, is counting on […]

Kentucky Governor Budget Will Fund Education by Taxing Online Poker

By Julie Moraine

Business

Nagasaki IR Budget Estimated at up to $3 Billion

December 28, 2019

Nagasaki prefecture has announced it is seeking for a casino resort partner to invest up to $5 billion in its IR project. Nagasaki Competes for an IR License with 8 More Locations Several cities have officially announced their intention to win the license for developing one of the three Japanese integrated resorts (IRs) – a […]

By Mike Johnson

Business

Italy’s Senate Votes Higher Gaming Taxes

December 26, 2018

Italy’s iGaming operators will be hit with a raft of new tax hikes that will effectively bite into the revenue of all country-facing brands. Playtech, among others, is expecting to lose part of its earnings. Italy’s New Gaming Tax Laws: Biting into Profit Italy introduced a number of restrictive gaming measures in 2018. The country […]

By Mike Johnson

Casino

FOBTs Continue to Drive Wedge in Government

November 13, 2018

The UK Government continues to be divided over the voted changes that will affect the so-called Fixed-Odds Betting Terminals (FOBTs). After the resignation of British Minister of Sports Tracey Crouch, more defiance is building up between status quo and opposition. FOBT’s Contested Implementation Date The Fixed-Odds Betting Terminals (FOBTs) measure is a piece of legislation […]

Kentucky Governor Budget Will Fund Education by Taxing Online Poker

Nagasaki IR Budget Estimated at up to $3 Billion

Italy’s Senate Votes Higher Gaming Taxes

FOBTs Continue to Drive Wedge in Government