by Giovanni Shorter | Apr 3, 2021 11:31 am | Sports Betting
All sports betting wins are considered taxable income and should be claimed on sports bettors’ taxes. The Internal Revenue Service (IRS) requires taxes to be filed if players earn $600 or more. Sports betting fans are able to deduct losses, but only to the amount of...
by Giovanni Shorter | Feb 11, 2021 12:50 pm | Regulatory
A new Alabama sports betting and gambling bill was unanimously passed by the Senate Tourism Committee. The bill now moves to the full Alabama Senate for debate. The bill includes legal sports betting and would bring a market to the Yellowhammer State. MONTGOMERY, Ala....
by Giovanni Shorter | Feb 5, 2020 4:41 pm | Regulatory
Lawmakers in Virginia push forth legislation to legalize casinos. If passed, the legislation will see casinos open up across five cities around the state. Conservative groups are fighting against allowing casinos, believing it will be bad for the communities....
