Government finance
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Panel: Chiefs owe nearly $1M in back taxes for renovation
KANSAS CITY, Mo. (AP) — A state panel in Missouri has ruled that the Kansas City Chiefs owe $930,000 in back tax plus interest on the decade-old Arrowhead Stadium renovation. The Kansas City Star reports…
3 weeks agoPhoenix City Council OKs $230 million arena renovation plan
PHOENIX (AP) — The Phoenix City Council on Wednesday night approved a $230 million renovation plan for their downtown arena that will keep the NBA’s Phoenix Suns in the city until at least 2037 with…
4 weeks agoStockholm meets deadline to submit bid for 2026 Olympics
STOCKHOLM (AP) — Sweden’s Olympic leaders met a deadline Friday to submit a 2026 Winter Games hosting plan after satisfying concerns of lawmakers in Stockholm which threatened to end the bid last year. The official…
1 month agoSports betting will be no home run for state budgets
ATLANTIC CITY, N.J. (AP) — The race to legalize sports betting is on now that the U.S. Supreme Court has allowed it in all 50 states, but will it provide enough extra tax revenue to…
2 months agoJon Jones defiant after failed drug test forces UFC 232 move
LOS ANGELES (AP) — Jon Jones’ latest troubling drug test compelled the UFC to move an entire pay-per-view show from Nevada to California on six days’ notice, disrupting thousands of fans’ holiday plans and shrinking…
2 months agoNew Jersey sports betting market closing in on $1B mark
ATLANTIC CITY, N.J. (AP) — New Jersey’s sports betting market is closing in on the $1 billion dollar mark after less than six months of operation. Figures released Wednesday by the state Division of Gaming…
2 months agoStates eye sports betting, wrestle with regulatory details
NEW YORK (AP) — Numerous U.S. states are considering jumping on the legal sports betting bandwagon, even as they struggle with the details of regulating it. How much to tax it, and how to regulate…
3 months agoCourt: Reds exempt from tax on promotional bobbleheads
CINCINNATI (AP) — Quoting the Cincinnati Reds’ longtime play-by-play announcer, the Ohio Supreme Court declared Tuesday that “this one belongs to the Reds.” The state’s high court ruled 5-2 that the Major League Baseball franchise…
3 months agoSweden’s Olympic leaders: Taxpayers won’t foot bill for 2026
STOCKHOLM (AP) — Sweden’s Olympic leaders have tried to assure Stockholm’s newly formed local government that the city’s taxpayers will not be asked to foot the bill for the 2026 Winter Games. Stockholm’s bid to…
4 months agoStockholm city government deal threatens 2026 Olympics bid
STOCKHOLM (AP) — Stockholm’s bid to host the 2026 Olympics is at risk only three days after the IOC formally approved the city among three candidates. A new coalition deal announced Friday to run Stockholm’s…
4 months ago