Now That States Can Legalize Sports Gambling, the Only Guaranteed Winner Is the IRS
- Jun 7, 2018
If you think legal sports gambling will help your income tax bottom line, you're wrong.
Read More . . .If you think legal sports gambling will help your income tax bottom line, you're wrong.
Read More . . .The Connecticut General Assembly is unlikely take up on-line gambling when it returns in special session to consider legalizing sports betting — viewing betting by smartphone as a concept that needs deeper study and public input, legislative leaders said Friday.
Read More . . .The state of Delaware announced on Thursday that it will offer full-fledged sports betting beginning June 5, making it the first state to seize the opportunity since the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA) on May 14.
Read More . . .Pennsylvania is moving to implement the legalization of sports betting following a key U.S. Supreme Court decision last month that opened the door for gamblers and casinos in the Commonwealth.
Read More . . .A main topic for discussion: how to get everyone on the same page in order to present a united front to advance an intense lobbying campaign underway at the Capitol to legalize sports gambling in New York before state lawmakers end their 2018 session on June 20.
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Hartley examines the reasons that states not named New Jersey or Delaware have lost some of their initial thirst for sports betting in the U.S., as have several gambling companies.
Read More . . .The Pennsylvania Gaming Control Board’s seven members decided on temporary regulations for sports betting — including a process by which state casinos can apply for certificates covering the wagers — at a Wednesday meeting
Read More . . .Joe Girardi wants New York's state legislators to take a swing at sports gambling. The former New York Yankee player and manager came to the Capitol on behalf of Major League Baseball on Wednesday to advocate for a new state law regulating betting on sports
Read More . . .A constitutional amendment centered on casino gambling was already scheduled for the Nov. 6 ballot in Florida when a U.S. Supreme Court ruling on sports gambling changed the landscape.
Read More . . .Illinois has been trying to legalize online gambling and daily fantasy sports for several years, but plans were sidetracked a bit in 2018. Sports betting took over the spotlight, with five bills introduced in the span of about six weeks.
Read More . . .Chicago’s long-held desire for a city-owned casino will continue to go unrequited if an Illinois House panel’s Memorial Day vote against a massive gambling expansion package stands.
Read More . . .Legalized sports betting in West Virginia is all but a done deal at this point. The state already has a huge head start on getting the game fully regulated and running. Now, it’s mostly a question of what the legalized landscape will look like.
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