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Pari-Mutuel Tax Bill To Full U.S. Senate

July 8, 2016:

The U.S. House of Representatives approved the fiscal year 2017 Financial Services and General Government Appropriations bill Thursday evening (July 7) that includes report language detailing Committee on Appropriations instructions for the U.S. Treasury to “expedite final consideration of the guidance which would modernize the rules governing pari-mutuel wagering.”...read on

Tax Issue Key To Northside’s Future

June 6, 2016:

Officials from Northside Downs and the Cape Breton Horsemen’s Association are concerned that the future of racing at the track could be in jeopardy if issues surrounding taxation are not addressed....read on

Saskatchewan To Drop Pari-Mutuel Tax

October 10, 2012:

On Wednesday, October 10, the Province of Saskatchewan announced that, effective March 31, 2013, it will no longer be taking the 10 per cent tax it currently collects on horse-racing wagers....read on

Raceline Summary Available For Tax Season

March 28, 2012:

Horsepeople can now receive a comprehensive Driver, Trainer or Owner Raceline Summary for 2011 to help with updating records or to assist with income tax filing...read on

Racino Chance Tied To Hotel Situation

December 20, 2011:

An apparent last-minute move by a hotel owner in Upstate New York could very well prove to be wind in the sails of the Wilmot Corporation's hopes to get a racino in Onondaga County...read on

Quinn Breaks Silence On Gaming Expansion

October 17, 2011:

Members of both the Illinois racing community and the state senate have been waiting quite a while for Governor Pat Quinn to officially comment on the expanded gaming bill for the state. Quinn broke his silence on Monday, October 17, and those in the horse racing industry probably didn't want to hear what he had to say...read on

Trois-Rivières To Be Seized, Auctioned?

October 13, 2011:

The City of Trois-Rivières has issued an ultimatum to Senator Paul Massicotte in regard to his now-defunct raceway, Sulky Trois-Rivières...read on

Politicians, Public To Support NJ Racing?

October 12, 2011:

What does the future hold for the acres which make up Perretti Farms? Are more politicians agreeing that New Jersey's horse racing industry has to be supported? Will positive poll results lead to public support for sports wagering in the state?...read on

Hall Of Fame Looking For Art

September 27, 2011:

The Canadian Horse Racing Hall of Fame, a registered charity, is in search of equine art work for an upcoming auction to raise money for the Hall...read on

Delaware Racinos Want Relief

June 22, 2011:

Dover Downs Hotel & Casino CEO Ed Sutor has gone on the record as saying that his track, Delaware Park and Harrington Raceway recently had to go their banks in order to pay their most recent licensing fees...read on

Indianapolis Downs, LLC Declares Chapter 11

April 7, 2011:

Indianapolis Downs, LLC, which operates the Indiana Live! casino and Indiana Downs, today announced it and a related entity have filed voluntary petitions in U.S. Bankruptcy Court for the District of Delaware to reorganize under Chapter 11 of the United States Bankruptcy Code...read on

Gamblers Can Write Off Expenses

March 16, 2011:

According to a January, 2011 ruling by the United States Tax Court, professional gamblers' expenses to reach a casino or racetrack, and other expenses associated with the activity of gambling, can be written off...read on

Betfair Move To Save £18.5M A Year

March 8, 2011:

It has been reported that online exchange wagering giant Betfair will be moving to operate under a Gibraltar licence, and thus will be able to avoid the United Kingdom's 15 per cent tax on gross betti...read on

NJ Gov. Christie Vetoes Racing Bill

February 22, 2011:

On Friday, February 18, New Jersey Governor Chris Christie vetoed Bill S2394/A3531, which would have seen monies received from the sales tax on horse transactions redistributed back into the horse racing industry...read on

Irish PM For Online Gaming Taxation

May 18, 2010:

Ireland's Prime Minister Brian Cowen has been quoted as saying that he is in support of introducing a licensing system and taxing overseas online betting websites...read on


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