Casino news

Iowa governor suggests enlarging gaming tax

  • 05.06.2011 Iowa Gov. Terry Branstad has intended a major tax hike on the country's casino business as a sector of his budget introduced to the Legislature a week ago. According to his suggestion the gambling incomes generated by Iowa's riverboat and racetrack casinos will be imposed 36 percent tax. Nowadays Iowa's casinos are imposed by a gambling tax which is equal to 22 percent.

An Illinois appellate court ruled a capital construction bill is unconstitutional

  • 21.05.2011 The plans of slot machine producers in Nevada concerning Illinois as a chance to gain millions of dollars in sales were recently destroyed by a state appellate court. Gaming analysts announced International Game Technology, Bally Technologies, WMS Industries and other slot companies will probably have to re-reckon up their quarterly and yearly incomes guidance reports in connection with the potential market loss of at the rate of about 35,000 video slot machines.
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