The United States could raise nearly $52 billion in revenue over the next decade by lifting a three-year-old ban on Internet gambling and taxing the activity instead, according to a study.
Read More . . .A resolution sponsored by Senators Raymond J. Lesniak and Jeff Van Drew which would urge Congress to lift the federal ban on sports wagering was approved by the New Jersey Senate today.
Read More . . .One lawmaker seeks to repeal ban on Internet gambling claiming the rules are a burden on financial institutions...
Read More . . .Judge orders $10 million forfeited to government in Web gambling-site case.
Read More . . .An investigation by the European Commission into a U.S. clampdown on European online gambling firms is expected to recommend action at the World Trade Organisation, sources familiar with the probe's findings said.
Read More . . .As a way to balance the budget, two Rhode Island lawmakers want to bring sports betting to Rhode Island...
Read More . . .The chair of the Assembly Racing and Wagering Committee in New York voices his opinion on legal sports wagering in the state.
Read More . . .The New Jersey Legislature has been trying for years to allow the voters to decide if sports gambling should be legalized in Atlantic City.
Read More . . .Betcha.com was created for gamblers who wanted to place bets. Instead of betting against the house, however, online bettors were put together with other gamblers and they bet between themselves. There was one key factor that kept the site from being illegal...
Read More . . .South Carolina Municipal Judge Larry Duffy believes Texas Hold 'em is a game of skill. He is presidieng over a trial where 5 defendants are accused of running a regular illegal poker game.
Read More . . .All gambling winnings are reported as "other income" on line 21 of your Form 1040. Gambling income includes, but is not limited to...
Read More . . .A state appeals court ruled Tuesday that it's not actually gambling if losers can refuse to pay. And that's a huge vindication for Nick Jenkins, a would-be online entrepreneur whose Web site, Betcha.com, was shut down by the state Gambling Commission nearly two years ago.
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