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Neb. bill would require annual casino audits for auditor review to verify gaming tax calculations
Summary
LB 280, introduced by Sen. Brad Von Gillern (Legislative District 4), would require casinos to provide annual independent audits to the Nebraska Auditor of Public Accounts for a limited review to verify the calculation and payment of the state's 20% gross gaming tax.
LB 280, introduced by Sen. Brad Von Gillern (Legislative District 4), would require casinos to provide annual independent audits to the Auditor of Public Accounts for a review limited to whether gross gaming revenue and the 20% gaming tax have been calculated and remitted correctly.
Supporters told the General Affairs Committee that Nebraska’s gaming tax collections have grown quickly and that the Nebraska Racing and Gaming Commission lacks the staff expertise to fully verify the numbers. Jeff Schreier, audit manager for the Auditor of Public Accounts, said LB 280 is “trust, but verify,” and described the bill as a narrowly tailored review limited to mathematical and accounting accuracy of the gaming-tax calculation.
The bill’s backers pointed to figures cited at the hearing: January 2025 gross gaming revenues reported to the Racing and Gaming Commission were described as nearly $18,000,000, and calendar-year…
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