Tag: Tax
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Growing New York’s Mobile Betting Generates $727 Million in Tax Revenues in Fiscal Year 2022-2023
Author: Bryan Cook Published Date: November 1, 2023
There is no doubt about it: New York officially boasts the largest sports betting market in America. Since mobile sports betting was legalized, the Empire…
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US Tax Gambling Laws: Quick Review
Author: Bryan Cook Published Date: October 4, 2023
In the United States, any money you win from gambling, in any form, is subject to income tax. The IRS refers to gambling winnings as…