Author: Daniel Williams

The administration of Governor Chris Christie officially revealed that it has resolved the remaining tax appeals of Atlantic City casinos. The tax issues that casinos in Atlantic City have been protesting against are considered as the issue that has resulted in exhausting massive financial resources from the gambling resort which has been lately facing certain difficulties. The state’s Governor shared that the financial future of Atlantic City is no longer threatened by casino property tax appeals thanks to his administration’s efforts. Back in November 2016, Governor Christie and his administration…

The national horse racing body of Ireland – Horse Racing Ireland (HRI) – has proposed an increase in the rate of betting duty and commission on operators’ gross profits. The authority, which currently oversees the local horse racing industry, has made a submission to the betting tax review carried out of the Department of Finance. According to Horse Racing Ireland, the betting tax in the country should be boosted from 1% of bookmakers’ registered yearly sales to a total of 2.5%, with the extra charge being distributed to customers. This…

Only six months after Victoria Gate Casino, the third-largest casino in the UK, started operating in the city centre of Leeds, it has managed to impress everyone with an excellent performance. The Victoria Gate Casino’s Venue Director, Patrick Noakes, commented that the venue’s team was very proud with the success and achievements of the casino, describing the latter as one of the best venues in the north beyond any doubt. The casino venue, which is situated right above the new shopping centre in Leeds’ city centre, has registered an exclusive…

The Athletics Integrity Unit (AIU) revealed that it has inked a partnership agreement with the UK Gambling Commission (UKGC). The two organizations are expected to work in collaboration in order to manage suspicious betting activity reports related to the IAAF World Championships London 2017. The Championships is to be hosted at the London Stadium from August 4th to August 13th. This is the first time when the Athletics Integrity Unit is to join forces with a Gambling Commission and plans this partnership to be a long-term and strategic one. The…

A special commission in the state of Massachusetts that has been investigating online gambling and daily fantasy sports (DFS) across the state, voted on the classification of DFS contests. After its Monday vote, the commission recommended that betting on daily fantasy sports should be regarded as a gambling activity. The recommendation of the Massachusetts commission could turn out to be a serious hurdle for DraftKings Inc., which may be forced to fight against a classification that could hurt its business. As reported by Casino Guardian yesterday, the members of a…

The Senate of Connecticut has given the green light to the amended agreements that are expected to result in establishing the first casino located on non-tribal land on the territory of the state. The vote was held yesterday, with the state Senate approving the changes with a 27 to 8 vote. This happens only one week after the local House of Representatives greenlighted the changes in the state’s compacts with the two federally-recognised Indian tribes that have been operating casinos on the territory of Connecticut. The House of Representatives also…

An Bord Pleanála, an independent statutory body which is entitled to make decisions on appeals from planning decisions made by Irish local authorities, has been urged to give its permission for certain betting shops planning on the territory of the country. The bookmaker’s premises are located in a building that has once used to be a retail shop in Tralee town centre. However, a number of appellants have claimed that there already are enough betting outlets in the county town of Kerry. The formal complaint could result in the Irish…

Daily fantasy sports (DFS) operators are currently considered to have kept their positions mainly thanks to the players who choose to place their bets on real-life sports events as games of skill, rather than games of luck. Today, the members of a state commission are expected to vote on a major report concerning the relatively new industry. Previously, they said that a classification might not matter as long as they bring money to the state. Such a classification is actually quite important to the Boston-based DFS industry leader DraftKings Inc.,…

The popular sports gambler William Walters got a 5-year prison sentence yesterday, after in April 2016, he got convicted in what turned out to be one of the most-commented US insider trading trials over a large period of time. One of the reasons why the trial has drawn so much public attention was because Walters has been long associated with the billionaire investor Carl Icahn and Phil Mickelson, a champion golfer, neither of whom were charged with any violations related to the case. The 71-year-old “Billy” Walters was convicted by…

The situation with the gambling market in Ireland is getting more interesting by the hour. A certain filing with recommendations has been officially submitted from the Irish Bookmakers Association (IBA) to the Government’s review of local betting taxes. The Government has been reviewing the country’s current tax system, and now the Irish Bookmakers Association has urged the local authorities to create a betting duty regime that is fair enough to the local retail sector but at the same time remains competitive on a global scale. The examination of the tax…