What fees are charged to operate the casino

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Reference no: EM133818996

Homework: Malta Gaming Authority- Gaming Jurisdiction

Purpose

The purpose of this homework is to review a gaming jurisdiction not discussed in the book or in class. As a result of this homework, students will be more familiar with gaming jurisdictions beyond those discussed in the book and will be able to investigate a jurisdiction that personally interests them.

This homework is intended to integrate the material learned in class in module. Evaluating other gaming jurisdictions allows the students to compare and contrast how different jurisdictions are set up and how they tax and monitor their operators.

Submissions are expected to resemble those presented to an upper level manager in a gaming operation and will give students an opportunity to apply written communication skills.

Task

Select a gaming jurisdiction other than Nevada or New Jersey. This can be a US or international jurisdiction. If you want to choose a jurisdiction that has set up their gaming commission and regulations already but does not have their first casino open, that is sufficient. It is up to you to make sure all required questions can be answered for the jurisdiction selected.

You are required to answer the following questions in Word.

A. What is the structure of the jurisdiction's gaming commission/control board? Include information such as number of people, reporting structure, name, selection process, etc.

B. What types of casino games are allowed? Are there different gaming licenses and if so, describe them.

C. How is gaming revenue (net or gross) determined? The revenue line items you should be determining is the line item the jurisdiction taxes. Some use net and some gross. If this varies by type of game include each definition/formula.

D. What fees are charged to operate the casino? Include all fees, not just those on gaming revenue.

E. What is the gaming tax percentage per each type of casino game?

F. How are gaming taxes distributed to state funds?

G. Describe how the commission addresses/plans to address problem gambling

H. If your market is currently operating, give a summary of tax revenues generated over the last 5 years. If you have a new market, describe the anticipated revenue generation from the new casino operators.

Reference

MGA. (2024). Home - Malta Gaming Authority. Malta Gaming Authority.

Reference no: EM133818996

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