Underreported taxes on bettors’ gambling winnings leaves IRS $1.4 billion short
Sports Game · 2024-10-05
Underreported taxes on bettors’ gambling winnings leaves IRS $1.4 billion short
While the broad legalization of sports betting has meant big wins for plenty of fans, the biggest losers could soon be coming for their share of the pie.
Of course, that’s not the operators, who are reported to have made more than $11 billion in 2023, but rather, the IRS, who according to a new report left roughly $1.4 billion on the table between 2018 and 2020, as cited by Bloomberg.
熱門文章
Indiana online casino bill stalls in House committee
Regulation
1spin4win releases unique slot Don Catleone Hold and Win featuring gangster cats
Online Game
Super PAC Raises $48 Million: Sports Betting Forces Ramp Up Political Push
Regulation
B2B Tech Infrastructure Gains Momentum in Philippine Gaming Sector
Southeast Asia
SBC Summit Canada to Make Player Safety a Key Pillar of 2026 Agenda
Marketing
PropellerAds Shared a New iGaming Case Study: 97,674 Installs and 12,701 Deposits in 3 Months
Marketing
Gaming & Technology Expo Makes a Powerful Entrance in CDMX
Marketing
Kazakhstan plans to penalise online casino promotions
Regulation
Are you ready to maximize your earnings? Try ProPush.me Constructor!
Marketing
British gambling levy rates confirmed for each vertical
Regulation
Full House at GAT Expo Cartagena 2026 Academic Agenda
Online Game
1spin4win grows its Latin American presence by partnering with Fortuna Juegos
Online Game
Vietnam's tightening online gaming policy creates new market opportunities
Southeast Asia
UK MPs reopen 2025 gambling inquiry as reform stalls
Regulation
Brazil Proposes Raising Gambling Tax Rate to 24%, With Revenue Allocated to Social Security and Healthcare
Regulation
