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Even with the resumption of wagering, it is expected that the ramifications of the pandemic on public confidence will persist for some time.ive multiplier and a respin feature.Reportedly read a statement from CoGFA…“This decline is in large part due to the suspension of video gaming and casino operations between March 16 and June 30, which thereby prevented any revenues from being generated from these sources during this time period....
5% since 2012.CoGFA’s statement reportedly read…“Because of this, very little tax revenues, ,224 to be exact, were reported to have been received from the sports wagering tax in the fiscal year.4 million Newport Racing & Gaming property in Northern Kentucky....
ive multiplier and a respin feature.According to a report from The News-Gazette newspaper, this is the determination of the Commission on Government Forecasting and Accountability (CoGFA) with the biggest comparative decrease in combined receipts at 30% witnessed by the Midwestern state’s collection of ten riverboat casinos.The American state of Illinois reportedly saw aggregated tax revenues from gambling for the twelve months to the end of June fall by 13....
Inconvenient interruption:The newspaper reported that Illinois’ casinos were allowed to re-open from July 1 following an over 15-week coronavirus-induced shutdown so long as they agreed to abide by a range of capacity, social distancing and public health rules designed to help stop the spread of the highly-contagious infection.Churchill Downs Incorporated (Nasdaq: CHDN) has opened its . Although this suspension has since been lifted, gaming has only returned on a limited basis and it remains unclear how long these limitations will last....
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