Pennsylvania Casinos Ask Court to Force State to Tax Skill Games Found in Stores Equally to Slots
The owners of twelve Pennsylvania casinos have asked the state’s highest court to declare that a tax on slot machine revenue is unconstitutional because the state doesn’t impose it broadly on cash-paying electronic game terminals known as skill games that can be found in many bars and stores. The lawsuit could endanger more than $1 billion in annual tax revenue that goes toward property tax rebates and economic development...
Macau generates $4.6B in gaming tax from January to May 2024
The Macau SAR government reported MOP37 billion ($4.6 billion) in gaming tax revenue from January to May 2024, marking a 78.2% increase compared to the same period last year, according to the Financial Services Bureau (DSF). In May, gaming tax revenue was MOP7.15 billion ($889 million), a decrease of 9.9% from April’s MOP7.94 billion ($986 million) but 25.4% higher year-on-year. The May tax figure reflects Macau’s gross gaming revenue...