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Budget 2019: Casino Slot Machines Taxes Going Up | AutoTraffic
Gamblers drop $1.24B into slots at Schenectady's Rivers Casino in 12 months
This was 25% higher than the monthly average for 2018-2019, and drove the casino to higher revenue and tax ... budget was third-largest among the four and it is third in number of slot machines ... read more
So where does Mississippi’s casino tax revenue go?
The 12 percent tax on casino revenue in Mississippi is divided between the state, which collects 8 percent and puts most of that into the general fund, and up ... slot machine, with 40 percent ... read more
Budget shortfall opens door for more gambling
A separate bill in the House would make almost any tavern or restaurant with a liquor license eligible for up to five video gaming terminals, potentially putting slot-machine ... proposed tax ... read more
Explainer: Drop in Casino Tax Revenue Reflects Industry’s Decline in New Jersey
In fact, New Jersey’s casino tax rate is so far below the national average that total casino tax revenues last year made up just $220 million – a miniscule 0.6 percent of the $34.1 billion state ... read more
Slot profits from mini-casino in Caernarvon Township would help balance budget, say officials
These days, the site of the proposed Hollywood Casino ... our budget. We haven't had a tax increase in more than 20 years, but our budgets are beginning to get tight." Indeed, by state law the ... read more
CASEY: 2019 may be Virginia's 'Year of Gambling'
Which makes historical horse racing machines like slots ... education entirely with tax dollars. Once lottery revenue started rolling in, identical amounts of tax dollars were swapped out of ... read more
Financial sector sees Pennsylvania gaming law changes as good for municipal governments
Under the original gambling legislation, casinos had to pay their host municipalities whichever was greater — two percent of their slot machine ... some Hollywood Casino slot taxes previously paid to ... read more
Dover Downs Casino: On the brink
Markell and lawmakers raised the tax on slot-machine play – minus winnings – from 37 percent to 43.5 percent to help cope with an $800 million budget ... up and go somewhere else." Gamblers play the ... read more
Casino revenue has not provided level of tax relief promised to Pa. property owners
A decade later, slot-machine ... never going to add up." Pennsylvania collected about $1.4 billion in casino taxes last year. A little more than half goes to property tax relief and wage tax reduction ... read more
Casino financial performance improves in 2018
It is third in size and was third in construction budget among the four, but it was second in average monthly revenue, first in taxes paid and first, by a wide margin, in dollars gambled per day in ... read more
Virginia horse racing officials look to legalize slots-like gaming machines to secure buyer for Colonial Downs
The machines can display the horses’ odds at the time the race was run, injecting an element of skill that makes the game slightly different from the pure luck of slots. Casino-style gaming ... Terry ... read more
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PA gambling bill threatens Bethlehem Sands' expansion plans, CEO says
BETHLEHEM — If the Legislature passes an expanded gambling bill adding up to 20 slots parlors across Pennsylvania, Sands casino ... $31.5 billion budget that increases spending by 5 percent by ... read more
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