Current Rates
Current Gaming Tax Rates, which became effective July 1, 2012, are:
Tax rate Adjusted gross proceeds
as of July 1, 2012 (AGP)
0.25%…… $ 0 - $ 2 million
2% $ 2 million - $5 million
9% $ 5 million - $8 million
11% $ 8 million - $10 million
16% $10 million - $13 million
20% ………. Above $13 million
Previous gaming tax rates, effective July 1, 2011 – June 30, 2012:
Tax rate Adjusted gross proceeds
as of July 1, 2011 (AGP)
0.2375% $ 0 - $2 million
1.90% $ 2 million - $5 million
8.55% $ 5 million - $8 million
10.45% $ 8 million - $10 million
15.20% $10 million - $13 million
19% Above $13 million
Previous gaming tax rates which were effective July 1, 2008 – June, 30, 2011:
Tax rate Adjusted gross proceeds
as of July 1, 2008 (AGP)
0.25%…… $ 0 - $ 2 million
2% $ 2 million - $5 million
9% $ 5 million - $8 million
11% $ 8 million - $10 million
16% $10 million - $13 million
20% ………. Above $13 million
The tax rate is on the cumulative AGP produced by casinos each fiscal year, starting July 1.
AGP is most easily defined as the amount of money wagered minus the amount paid out in prizes.