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Month: May 2025
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No Tax on Tips Act: Senate Passes Major Tax Relief Bill
In a significant advancement for the service sector, the U.S.Senate has unanimously approved the No Tax on Tips Act, a landmark legislation aimed at providing substantial tax relief for tipped workers.
Phil Ivey Triton Invitational: A Tough Elimination Story
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Wynn Resorts Casino License Withdrawal: Key Insights
Wynn Resorts casino license has become a significant talking point in recent developments within the New York gaming industry, as the company has decided to withdraw from the competition for a downstate gaming license.Citing persistent opposition and a more promising investment landscape in other locales, Wynn joins Las Vegas Sands and Hudson’s Bay Company in stepping back from this high-stakes bidding process.
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New Jersey Online Gambling Revenue Surges to $536 Million
New Jersey online gambling revenue has reached impressive heights, with the state reporting a robust $536 million in total gambling revenue for April alone, a notable 5% increase from the previous year.This surge is largely attributed to online gambling and sports betting, which now represent over half of the State’s gaming earnings.
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