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Legislation to legalize, tax skill games passes Virginia Assembly, heads to governor

March 2, 2024 - RICHMOND, Va. (AP) — Virginia lawmakers passed legislation Friday that would legalize skill games, the slots-like betting machines that proliferated in businesses around the state before an on-again, off-again ban... Read more »

Nevada Rep. Titus, gaming lobbyists slam federal legislation that would divert sports betting tax to problem gambling

January 15, 2024 - The repeal of a small federal excise tax on sports wagers has been a goal of Rep. Dina Titus (D-NV) for nearly a decade. So imagine her surprise when two... Read more »

Tennessee sports betting legislation would tax handle instead of revenue

March 20, 2023 - The TN sports betting market started off with the unique and confusing twist of requiring operators to hold 10% of revenue every month. Proposed changes passing through the Tennessee House... Read more »

Legislation looks to lower New York’s 51% tax rate by adding sports betting operators

March 5, 2022 - Legislation introduced in Albany Friday would add competition to the state’s booming mobile sports gambling industry and, in the process, lower the tax rate that has dragged down earnings for... Read more »

Washington D.C.: Legislation introduced to end an antiquated excise tax on sports wagers

April 2, 2021 - For the second straight year, a bipartisan effort is underway in Congress to eliminate a decades-old federal excise tax placed on legal sports wagers. Rep. Dina Titus, D-Nevada, and Rep.... Read more »

Maryland House pushes higher taxes, online gambling in $1.3B plan for education and transportation

March 16, 2024 - ANNAPOLIS, Md. (AP) — A budget showdown at the Maryland General Assembly is brewing, with top House leaders outlining on Friday a $1.3 billion plan for new state revenues to... Read more »

Will the $1,200 tax reporting limit finally be updated?

March 14, 2024 - Based on pressure from Congress and an IRS Advisory Council opinion released last November, the IRS may soon raise the current $1,200 tax reporting threshold for slot machine jackpots to... Read more »

Frank Floor Talk: Will the $1,200 tax reporting limit finally be updated?

February 27, 2024 - Based on pressure from Congress and an IRS Advisory Council opinion released last November, the IRS may soon raise the current $1,200 tax reporting threshold for slot machine jackpots to... Read more »

An operator’s worst nightmare: A tax increase

February 25, 2024 - Illinois Governor J. B. Pritzker is in search of an additional $900 million for the state’s budget. Among his recommendations is an increase of the tax on sports betting from... Read more »

Alabama: API report breaks down ‘hotbed of corruption’ gaming legislation

February 20, 2024 - The Alabama Policy Institute (API) released a report outlining concerns about the gaming bills passed by the Alabama House of Representatives last week. The two bills include the enabling legislation,... Read more »