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Budget 2019: Casino Slot Machines Taxes Going Up | AutoTraffic

State casino revenue up, but still short

The disparity is largest at del Lago Resort and Casino ... tax on slot machine revenues as a way to make its license application attractive. “They offered an exorbitant amount of tax,” Pretlow said. “ ... read more

Casino financial performance improves in 2018

SCHENECTADY -- The casino ... 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 slot machines ... read more

Chesapeake could get 700 slot-style gambling machines if Rosie's Gaming Emporium opens

After getting the go-ahead in Hampton, the new owners of the Colonial Downs horse racing track outside of Richmond hope to bring 700 slot-style gambling machines ... a casino could open up in ... read more
Jetpack

Communities with casinos in Pennsylvania concerned about possible funding changes

Casinos that make less money in slots, as a result, end up paying more money to the local share tax. Mount Airy ... $900,000 from the casino’s slot machine revenue and counts on Mount Airy for more th... read more

Italy’s gambling tax hikes to do damage to Playtech’s earnings

On Sunday, Italy’s Senate approved an amended version of the coalition government’s new budget ... machine revenue will rise by 1.35 points on Jan. 1 while minimum payout rates will fall two points to ... read more

Plainridge has its best March yet

PLAINVILLE — Plainridge Park Casino had its best March in its brief history, collecting $15.8 million in slot machine ... The state taxes were up from $5.5 million in February and $4.9 million in Janu... read more

The Impact of Casino Gambling

By 2013, 62% to 80% of casino revenue came from slot machines. Modern slot machines, the report continued, “are programmed for fast, continuous, and repeat betting.” They are also hooked up to a centr... read more

Lazy Pa. legislators ready to bet, borrow, and spend | Editorial

Video slot machines at truck stops, mini-casinos, a firecracker tax ... for showing up but not actually working. (Given the four-month budget stalemate, it's hard to argue that they ever did work.) Bu... read more

Gaming bill that would create Chicago casino may get another shot

SPRINGFIELD — Efforts to drastically expand gaming in Illinois — and create a Chicago casino ... a budget hole without raising taxes. “And those who have a little bit of a problem I just say one thing ... read more

Niagara Falls eyes new $198 garbage fee to replace lost Seneca casino revenue

The proposed 2019 budget, to be officially unveiled Oct. 1 by Mayor Paul A. Dyster, also will include a property tax ... to make up for the end of casino revenue. The Seneca Nation of Indians stopped ... read more

Florida House committee advances bill to expand casino games

Rick Scott and the Seminole Tribe to expand casino games ... current 35 percent tax rate while the House would allow a 5 percent tax reduction and up to another 5 percent for pari-mutuels that agree t... read more
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