When Congress passed Donald Trump’s One Big Beautiful Bill into law on the 4th of July, GOP lawmakers celebrated its tax breaks for billionaires and deep cuts to America’s social safety net. But almost none of them celebrated the bill’s ten percent increase on gambling winnings. That may be because few, if any, of them…
Hidden in the recesses of the One Big, Beautiful Bill that was recently passed by Congress is a major change to how gambling winnings are taxed. It’s a change that makes breaking even a loser’s prospect that has won praise from the American Gaming Association and downright ire from Nevada’s Congressional delegation. Under the new…
DraftKings is mad as hell and isn’t going to take it anymore; at least when it comes to the new $.50 per wager tax that’s set to get into effect in Illinois this fall. The sports betting giant is responding to the tax hike with the formation of a Political Action Committee (PAC) with the…
Is the writing on the wall for sweepstakes casinos and the Vegas casino-sized loophole they’ve used as a basis for their business model? That idea seems more likely than ever last week when New Jersey became the sixth US State to ban sweepstakes casinos outright. It’s a move that was argued against desperately, and with…
Are online casinos an innocuous pastime or a lurking threat inside the pocket of every, otherwise decent and caring citizen? That’s the debate that’s currently taking place in Ohio where lawmakers are considering offering Buckeye State residents the opportunity to play online slot machines anytime they like via HB 298. Under the terms of the…
Detroit Pistons guard Malik Beasley is under investigation by federal authorities on charges that relate to gambling. Details are still emerging but sources are reporting that the investigation is centered on allegations related to Beasley's play in a January, 2024 game between the Milwaukee Bucks (Beasley's team at the time) and the Portland Trailblazer, which…
One pretty standard gambling regulation that most people seem to agree on is that college athletes and staff should not be allowed to gamble, neither on their sport or any other. The idea is that a football player who goes underwater with a bookie while wagering on basketball is a player who may be called…
One consistent element in the gaming business that's been pretty consistent across its entire existence is a war of attrition against elements who think they can game the system. The industry is always battling "advantage players" ranging from card counters to sweepstakes site operators and now bulk lottery ticket buyers. But at least one US…
The Australian Communications and Media Authority (ACMA) has a message for social media influencers who are thinking about promoting illegal gambling and that message is "don't do it." And just in case any errant Tik-Tokers think the ACMA isn't serious about their message, the regulatory authority says it's ready to impose fines of up to…
An Ohio congressman is looking to combine an idea that's unpopular with the US public to fund one of the most controversial, and loathed, parts of the US government. Representative Mike Rulli, a Republican, is pushing the idea of using a federal gambling tax to fund Immigration and Customs Enforement (ICE), the masked agents who…
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