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Sep 14 2013Illinois’ Rivers Casino Continues to Dominate State Casinos
The Rivers Casino based in Des Plaines seems to be going from strength to strength and maintaining its position as the state’s most lucrative casino. Its income for August this year was almost double that of August last year. Furthermore, the casino also nearly doubled the gross revenues generated by Joliet’s Harrahs Casino in the
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Sep 14 2013American Sports Betting and Tax Laws
Now the NFL is back Americans across the country will be enjoying placing bets on their favourite teams. However, very few people will have spent the time studying the tax consequences of gambling. Not many people realise that all gambling winnings are included in taxable income due to Section 61; this means all winnings must
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Sep 14 2013West Springfield Residents Reject Hard Rock Casino Proposal
Competition for western Massachusetts’ only casino license heated up this week as voters in West Springfield rejected a proposal from Hard Rock International to build a resort casino. Voters came out 55% to 45% against a host community agreement which would have seen Hard Rock make a minimum annual payment of $18 million to the
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