Casino
May 18, 2021
Atlantic City Assemblyman Wants to Change PILOT Bill
An assemblyman from Atlantic county proposed an amendment to the second measure, known as the PILOT bill, and then retrieved it, stating it needs more refinement. Atlantic City Casinos Could See a Change in PILOT Bill On May 5, assemblyman John Armato from Atlantic County introduced changes to the casino payment-in-lieu-of-taxes bill (PILOT), aiming to […]
Industry
December 20, 2020
Macau November Tax Revenue Up 203% Compared to October
A glimmer of hope for the fading casino industry in Macau was given by the latest financial data release by the city’s Financial Services Bureau, showing Macau government collected two times more in tax revenue in November compared to October. November Twice as Good as October The government in the Special Administrative Region (SAR) of […]
Legal
July 25, 2020
US: New Bill Proposes the Removal of Federal Excise Tax
A bipartisan bill aiming at repeal of federal excise tax on legal sports betting was introduced yesterday. Bill co-founders are Rep. Dina Titus (Nevada) and Rep. Guy Reschenthaler (Pennsylvania). The Repeal of Federal Excise Task Was Proposed Yesterday Yesterday, Friday 24, a repeal of the federal excise tax was proposed by a bipartisan legislation. The […]