Casino Apps Prepped; Sports Betting Spikes
Wagers for the month were more than $10.6 million, beating the previous record set in October by $1 million. read more >
Wagers for the month were more than $10.6 million, beating the previous record set in October by $1 million. read more >
Construction of a high-tech entertainment venue is on tap for the former site of the largest water park in Arkansas. read more >
The recent surge in natural gas prices has been an unexpected boon to state tax coffers, with just seven months’ worth of gross natural gas severance tax collections for this fiscal year more than doubling total revenue for the previous two fiscal years. read more >
In 2022, businesses have their first opportunity to pay the Arkansas pass-through entity tax (PET) rather than passing the state income tax obligation through to its owners. read more >
Revenue was above forecast in all major categories. read more >
The Arkansas Department of Finance & Administration has again started issuing business closure notifications for failure to pay sales and withholding taxes. read more >
Sales of mixed drinks, liquor and beer in Arkansas last year show, unsurprisingly, a decided uptick over those in 2020. read more >
A Pulaski County Circuit Court judge has extended a temporary restraining order that prevents the Arkansas Medical Marijuana Commission from issuing the state’s remaining dispensary licenses. read more >
Individual income tax collection benefited from continued high growth in payroll withholding. read more >
A Little Rock Black-owned business that sued the Arkansas Medical Marijuana Commission also has a case alleging racial discrimination against the firm that scored the applications for medical marijuana dispensary licenses. read more >
All major collection categories were above the revised forecast. read more >
Terry L. Fleming, the Little Rock businessman facing civil lawsuits that accuse him of human trafficking and sexually exploiting younger women, has had a $960,000 tax lien filed against him for not paying state income taxes. read more >
Who owns the medical marijuana business in Arkansas? As with most simple questions, finding the answer is more complicated than it seems. read more >
The state faces stiff headwinds providing public transparency in the medical marijuana dispensary industry, where lawsuits and charges of deception have been a constant for nearly five years. read more >
If Arkansas politicians succeed in a push to abolish the state personal income tax, partly to avoid losing ultra-wealthy residents, the state must reckon with what it will give up: $3 billion a year in revenue. read more >
The lawsuit seeks a refund, with interest, plus multiple $10,000 penalties. read more >
The three-and-a-half-month closing of the Hernando de Soto Bridge this year was costly for Southland Casino Racing in West Memphis, just 8 miles from the span that crosses the Mississippi River. read more >
Before gas-station owners invest hundreds of thousands of dollars in charging stations, they need to know there are enough electric cars to make it pay off. But before car buyers pick an electric vehicle, they want to be sure they’ll find enough places to recharge. read more >
Arkansas has a new legal marijuana grower, and he’s hoping to supply the medical cannabis market with enough product to bring down prices. read more >
Arkansas started its fiscal year with revenue coming in $39.2 million above forecast, the state's finance office said Tuesday. read more >
