![]() Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! Related Links
|
Gaming News
South Carolina court sides with casino boats13 May 2008SOUTH CAROLINA -- As reported by the Myrtle Beach Sun News: "The S.C. Supreme Court ruled 4-1 Monday that casino boat companies do not have to report monthly wagers at gambling machines to the state, a move that some say could make it hard for municipalities to collect casino boat taxes. "Horry County instituted a $7-per-passenger tax on two casino boat companies in Little River earlier this year, but John Weaver, the county attorney, said Monday's ruling should not affect the county's ability to collect the tax. "The lawsuit pitted SunCruz Casinos, one of the Little River operators, against the S.C. Department of Revenue. "At issue was whether the company was required to submit monthly reports of total wagers, or just a percentage of winnings to losses to the department. "Monday's ruling reversed a decision by the state's Administrative Law Court in 2006 that said the casino boat companies should be required to report their total wagers each month. "The majority ruling said the department is still allowed to obtain the total wagers from casino boats on an annual basis since state law requires the department to conduct annual audits of the companies..." |