South Carolina becomes the first state to schedule a sports betting hearing in 2026. Bill S.444 proposes 18+ age limit and 12.5% tax rate for online wagering.
Virginia HB161 would legalize online casinos with up to 15 platforms, a 15% tax rate, and a ban on sweepstakes casinos. The bill has cleared its first hurdle.
A new survey finds Mississippi voters oppose online casinos and mobile sports betting expansion. The Magnolia State may stay casino-only for the foreseeable future.
Starting in 2026, gamblers can only deduct 90% of losses against winnings on federal taxes. Someone who wins and loses $100K owes taxes on $10K in phantom income.
HB910 would let the Georgia Lottery regulate sports betting at a 25% tax rate. But with key proponents resigned, the bill's chances are slim.
New York lawmakers reintroduced online casino legislation this month. The 30.5% tax rate is lower than sports betting but higher than most iGaming states.
Senator Addabbo introduces online casino bill with 30.5% tax rate and $2M license fees. Fourth consecutive year pushing iGaming in Albany.
A New York bill would eliminate in-play sports betting statewide, killing roughly half of all sportsbook handle. The offshore books are licking their chops.
The new 90% gambling loss deduction rule means even if you break even, you owe taxes. A player winning $10K and losing $10K now pays taxes on $1K of 'phantom' income.
Assembly Bill A9343 would eliminate in-play betting in NY, potentially costing the state billions. Here's what degenerates need to know.
The One Big Beautiful Bill Act cuts your gambling loss deduction from 100% to 90%, creating taxable 'phantom income' starting in 2026. Here's what it means.
Hawaii's senator is pushing to regulate prop betting at the federal level after the Rozier and Guardians scandals. The feds are finally paying attention.