Texas is a vast landscape teeming with opportunities, and while many have implored the state to make casino gambling one of them, that has yet to happen. There are numerous Texas gambling bills on the table right now, but the odds of any receiving the 2/3 legislative approval necessary to bring a vote to the … [Read more…]
Maine is home to just two licensed casinos, Hollywood Casino Bangor and Oxford Casino. Every month, the Gambling Control Board releases revenue reports detailing the financial status and tax contributions from each casino’s range of gambling amusements. In the board’s annual report for the year ending 2014, it was revealed that slot machine wagers have … [Read more…]
Taxes are hard enough to calculate for the average American, and now the Internal Revenue Service (IRS) has introduced a new proposal to redefine the gambling tax rules for play on slot machines. The proposal would alter the way a single session of gaming is defined, and how gains and losses should be adjusted. The … [Read more…]
Any avid gambler will tell you that it’s not easy to make money at a casino. Generally speaking, professional poker and blackjack players tend to have the most fluent success, but it appears taking the unlawful route proved highly lucrative for three suspects who spent the last three years drugging patrons of the San Manuel … [Read more…]
For as long as anyone can remember, there have been no legal forms of gambling permitted in Hawaii. It’s not just commercial casinos or card rooms that are prohibited, but absolutely all forms of wagering, from sports and pari-mutuel betting, to a simple game of bingo. In fact, the Aloha State doesn’t even run a … [Read more…]
In this biggest gambling related acquisition since Amaya Gaming took over PokerStars owner Rational Group earlier this year, it’s been confirmed that Nevada regulators gave Scientific Games the nod to buy out mega slot machine maker Bally Technologies for $5.1 billion. The acquisition gives Scientific Games the most diversified portfolio of products in the global … [Read more…]