IRS draft guidance updates gambling tax reporting threshold, impacting players while modernizing W-2G requirements for ...
The Lacon Chamber of Commerce hosted its first-ever Ransom on the Roof fundraiser, in which local business owners and ...
The Malawi Gaming and Lotteries Authority (Magla) says gaming operators are worried that the government’s decision to ...
The legislation proposed by Democrat Horsford and a GOP rep would restore a 100 percent deduction on gaming losses. Plus, ...
Federal gambling tax deduction cap holds at 90%, while Virginia lawmakers advance bill creating consolidated regulator.
The committee declined to advance an amendment to a larger spending bill that would restore a gambler’s ability to deduct 100 ...
Video lottery operators on Tuesday promised Missouri will reap a windfall of money for education and other programs if ...
The IRS views almost all gambling winnings as taxable income. This includes sportsbooks, lotteries and even bingo winnings.
Rachel Reeves has confirmed that online gambling will face a higher tax rate from April, in a move expected to raise more ...
From esports recognition to GST relief on streaming, the media and entertainment sector wants Budget 2026–27 to shift policy ...
Announced in the Autumn Budget is a 40% increase in online gaming tax effective April 2026, and remote betting tax rising to 25% to be implemented in April 2027.