Members of the Texas Senate and House filed joint resolutions this month proposing amendments to the state's constitution ...
GeoComply reported that 17,000 sports betting accounts created in legal wagering states were accessed in Texas during Super ...
HARRIS COUNTY, Texas - The push to bring regulated, taxed, and licensed sports betting in Texas is now one step closer. According to a release, State Rep. Sam Harless (R-Spring) filed House Join ...
Sen. Richard Blumenthal and Rep. Andrea Salinas have reintroduced legislation using US sports betting taxes to tackle ...
Two bills that could bring legal sports betting to Oklahoma have been nudged ahead by House lawmakers, including legislation ...
With the new legislative session underway, a state representative is renewing his call to legalize sports gambling in ...
"It's taxable income," said Matthew Foreman, a tax attorney and partner at law firm Falcon Rappaport & Berkman. The winnings are income even if the prediction platforms don't send a notice formally ...
When a casino or a sports-betting site pays out, the lucky winner can expect a tax document called a Form W-2 G. It's generally sent once winnings total at least $600 and at least 300 times the wager ...
Legal betting nationwide for Sunday’s 59th Super Bowl between the Eagles and Chiefs is expected to generate a record-setting $1.5 billion or more in what will ...
This Sunday in New Orleans, the Philadelphia Eagles will try to block the Kansas City Chiefs from taking home a historic ...
He adds that taxes from the gaming industry helps fund programs to help problem gamblers. With sports betting reaching record levels ... and the District of Columbia — now have some form of legalized ...
More people are making legal sports bets on the Super Bowl and March Madness. But what do gamblers need to know at tax time?