by Jeremias Di Vico | Mar 24, 2023 9:35 pm | Legal
Mayor Muriel Bowser has proposed for the D.C. budget to axe the $200K annual problem gambling fund. Officials stated that they believe diverting the money to a general fund and allocating money to programs as needed is the course of action. Despite betting first...
by Jerad Paparella | Mar 4, 2022 1:42 pm | Legal
The Iowa House of Representatives passed HSB 200, a bill that would expand available bet types and allow cashless betting at casinos, earlier this week by a 78-21 vote. Proponents say the bill will generate more income for Iowa while allowing more freedom to bettors;...
by Sam Profeta | May 27, 2021 10:40 am | Sports Betting
William Hill is opening a sportsbook inside of Capital One Arena. This is the first retail sportsbook to open inside of a sports arena in the United States. WASHINGTON D.C.—Washington D.C. sports bettors are in for a huge treat when visiting Capital One Arena to cheer...
by Giovanni Shorter | May 3, 2021 1:01 pm | Political Betting
Former US Associate Attorney General Rudy Giuliani’s house was recently raided by the FBI. Sports betting fans are taking No at -140 for Rudy Giuliani to be Indicted. Giuliani has publicly addressed the FBI raid, criticizing the reasoning behind the raid. WASHINGTON –...
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...
