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Industry
July 8, 2025
Trump’s Gambling Tax Cap Draws Divided Opinions
Rep. Dina Titus is leading a legislative effort to repeal a controversial tax provision buried in President Donald Trump’s sweeping new fiscal package. Her newly proposed legislation aims to challenge Section 70014 of the recently enacted One Big Beautiful Bill Act, which limits the deductibility of gambling losses to 90% of winnings. However, some analysts […]
Industry
July 7, 2025
AGA Applauds Trump’s Tax Bill Despite Uproar from Gamblers
The American Gaming Association (AGA) has faced fierce criticism from the broader gambling community after it publicly supported President Donald Trump’s controversial tax legislation, the One Big Beautiful Bill Act (OBBBA). The newly enacted law contains a provision that limits the deductibility of gaming losses, a change that means many bettors could face tax obligations […]
Sports
July 3, 2025
BHA Asks British Industry Stakeholders to Axe the Racing Tax
The British Horseracing Authority (BHA) has firmly opposed the government’s proposal to increase the tax on the sport. The authority has urged industry stakeholders to join a collective lobby to reject the proposal. The UK Is Considering a Higher Tax for Racing In an official release, the BHA said that it is preparing to launch […]
Casino
July 3, 2025
Rep. Dina Titus Fights Gambling Tax Provision in Trump-Backed Bill
Nevada Congresswoman Dina Titus now leads the charge against a contentious tax proposal hidden in President Donald Trump’s newest economic package. She warns this could harm gamblers and hurt her state’s tourism-based economy. Titus Says New Gambling Rule Unfair to Las Vegas Visitors Titus, a Democrat who represents the Las Vegas area, opposes the Senate’s […]
Industry
June 24, 2025
New Jersey Online Gaming and Betting Tax Hike on the Horizon
Experts believe that New Jersey would be the next state to raise its tax on iGaming as the state’s online casino and sportsbooks continue flourish. While the idea isn’t anything new, implementing such a tax hike could end New Jersey’s reputation as a gambling-friendly state. Truist Securities Believes NJ Would Adopt a Higher Tax The […]
Industry
June 11, 2025
FanDuel Responds to Illinois Tax Changes with a Surcharge
Sports betting giant FanDuel has responded to Illinois’ recent sports betting tax changes by introducing a surcharge on all wagers. FanDuel Introduces Surcharge to Consumers’ Dismay As more and more US markets are considering higher taxes for sportsbooks, operators are eyeing various measures to mitigate the damage. Since margins sit at the core of gambling […]
Industry
June 10, 2025
Louisiana on the Verge of Approving Online Betting Tax Hike
Louisiana’s mulled online betting tax hike has inched closer to reality and is one signature away from being signed into law. If the measure gets approved, Louisiana would join a growing number of states implementing similar bills. The Tax Hike Inches Closer to Reality An amended version of Louisiana’s House Bill 639 gained traction last […]
Industry
June 5, 2025
Brazilian Gambling Sector Protests Climbing Taxes
While Brazil continues to strengthen its grip on the gambling sector and increase taxes, multiple industry giants have warned of the negative consequences this could lead to, including the strengthening of the illegal market. Brazilian Senate Wants to Increase Gambling Taxes On Tuesday, industry groups such as the Brazilian Institute of Responsible Gaming (IBJR) and […]
Industry
May 23, 2025
Louisiana Online Sports Betting Tax Hike Gains Traction
A measure seeking to raise the online sports betting tax in Louisiana continues to gain traction and has just passed the House of Representatives. The bill comes as a part of a broader trend that has seen states seek higher taxes. Louisiana Eyes a Tax Hike for Online Sports Betting On May 20, the Louisiana […]
Industry
May 22, 2025
Maryland Gov. Signs Mobile Betting Tax Hike into Law
Maryland has decided to increase its tax on mobile sports betting, in line with the broader trend. While some states have rejected tax hikes, Maryland joined those that didn’t, opting for a 20% tax on online sportsbooks. Maryland Increases Its Mobile Betting Tax Earlier this year, Gov. Wes Moore proposed raising Maryland’s tax on online […]
