In the second quarter, DraftKings generated $1.1 billion in revenue, up 26% year over year. The successful quarter led ...

District of Columbia have endorsed some form of legal sports betting. Now, that number has grown to 39 if you count Missouri, ...

Refer to our DraftKings Review for more on DraftKings ... Residents can claim casino and sports gambling losses on their tax forms, however, you cannot claim losses in excess of any claimed ...

If there's a sportsbook platform that can give DraftKings a run for its money ... announces the 2024-2025 budget will increase the tax on Ohio sports betting operators to 20%, up from 10% of ...

Currently, 38 other states, along with the District of Columbia, allow sports betting in some form. Seven of eight states ... The amendment includes a 10% tax on a company's profit after winnings ...

After a contentious fight over a wagering ballot initiative in 2022, it would have seemed unthinkable that tribes, SBA would ...

Missouri became the 39th state to legalize sports betting Tuesday, approving Amendment 2 amid an upswing in legalized ...

The Illinois State Lottery is the state's largest contributor when it comes gambling tax revenue with video machines coming ...

This article was originally published by The Lever, an investigative newsroom. If you like this story, sign up for The Lever’s free newsletter. In early May, on a blue-sky day in Jefferson City, ...

Missourians to vote on sports betting referendum backed by $54M. Amendment 2 could bring big changes and $29M annually for education. Will it pass?

Based on Internal revenue service gambling taxation laws and regulations, you might be able to deduct betting losings on your own tax go back. You need to keep track of your own payouts and you can ...