Philippines Confirms Tax on Casino Jackpot Winnings
The Philippine Bureau of Internal Revenue (BIR) issued Memorandum Circular No. 57-2026 on Tuesday, May 26, to clarify the tax treatment of jackpot prizes and other gambling-related winnings. The circular confirms that prizes won from casinos and other authorized gaming activities are considered taxable “winnings” under the National Internal Revenue Code and are subject to final withholding […]
Caesars Digital Head Talks About the Challenges the Company Currently Faces
Last week, Eric Hession, the president of Caesars Digital, spoke before the Nevada Society of Certified Public Accountants about the risks for gambling operators related to higher tax rates on the sports betting industry and the growth of prediction markets. Hession Talks About Current Worries Caesars Has Hession said he feared that once the government […]
Nevada representative: CFTC should stick to regulating sow bellies, not sports betting – CDC Gaming
.ns-inline .ns-button{–ns-btn-color:#ffffff}.ns-inline .ns-button:hover{–ns-btn-color:#ffffff}body .ns-inline a.ns-button:hover .ns-button-wrapper>span{box-shadow:none !important;filter:brightness(1) !important}.ns-inline .ns-button-icon *,.ns-inline .ns-button-label span{color:#020202}.ns-inline .ns-button:hover .ns-button-icon *,.ns-inline .ns-button:hover .ns-button-label span{color:#020202} Email, LinkedIn, and more Nevada Rep. Dina Titus, co-chair of the Congressional Gaming Caucus, rallied Tuesday against prediction markets, saying the federal agency overseeing them should stick to regulating sow bellies instead of sports betting and repeated […]
Michigan Player Makes History, Wins First Second-Tier Millionaire For Life Prize
An extremely player in Michigan has become the first winner of the second-tier prize from the Michigan Lottery’s Millionaire For Life game. While the prize would usually see the ticket-holder receive $100,000 a year every year, the game also has a one-time lump-sum payment option. The First Time This Prize Has Been Won For context, […]
Caesars Digital head: Prediction markets could prompt states to legalize igaming – CDC Gaming
.ns-inline .ns-button{–ns-btn-color:#ffffff}.ns-inline .ns-button:hover{–ns-btn-color:#ffffff}body .ns-inline a.ns-button:hover .ns-button-wrapper>span{box-shadow:none !important;filter:brightness(1) !important}.ns-inline .ns-button-icon *,.ns-inline .ns-button-label span{color:#020202}.ns-inline .ns-button:hover .ns-button-icon *,.ns-inline .ns-button:hover .ns-button-label span{color:#020202} Email, LinkedIn, and more The president of Caesars Digital said two of the biggest risks for operators are states imposing higher tax rates on the sports betting industry and the growth of prediction markets, whose proliferation could […]
Atlantic City Casino Profits Slide in First Quarter
Atlantic City’s casino industry opened 2026 with a steep decline in profitability as rising operating expenses continued to weigh on the market despite relatively stable revenue levels. Financial figures released by the New Jersey Division of Gaming Enforcement and cited by Press of Atlantic City showed the city’s nine casinos generated a combined gross operating […]
Woman Defies 1 in 300M Odds to Win $1M Jackpot
So far as feel-good stories go, the jackpot win of one Angela Collins of Stanfield is most certainly worth telling. The woman managed to turn her $0.50 bet into the payout of a lifetime when she secured a $1,073,621 jackpot. Million-Worth Jackpot Paid to Woman Off $0.50 Wager The win occurred on the PowerMax Cash […]
Why Players Respond Differently to Bonuses Than They Did a Few Years Ago
Editorial Staff | Posted on May 21, 2026 | The casino bonus is not what it used to be, and the way players read it has shifted faster than most operators have adjusted. Five years ago, a 200 percent match bonus with a high headline number would pull in deposits with very little scrutiny. The […]
BoyleSports Quietly Explores Sale of Retail and Online Operations
Ireland’s largest privately owned bookmaker, BoyleSports, is reportedly circulating details of its business to potential buyers, according to multiple industry sources. The company operates approximately 390 retail outlets across Ireland and the UK and maintains a growing online gambling operation. Discussions of a potential sale have gained momentum after reports emerged that the business has been “shopped […]
NJ Lawmaker Targets Gambling Dangers with New Legislation
A package of proposed laws introduced in New Jersey would tighten oversight of the booming online gambling industry, while also increasing protections for at-risk players. State Sen. John McKeon‘s proposals are designed to address a range of concerns, from the impact of gambling-style games on youth to the growing financial burden of digital betting. New […]