Sports betting is a revenue driver for states, bringing in millions of tax dollars each year. Sportsbooks are taxed on their revenue, while individuals must pay taxes on any winnings (tax rates ...

Ohio Gov. Mike DeWine is pushing to raise sports betting taxes again. In his 2026-27 budget, DeWine proposed doubling the ...

Covers separates fact from fiction when it comes to the impact legalized sports betting has on the general public.

Sports betting winnings over $600 may be taxable. Learn how W-2G forms work, what happens if you don’t report, and how to ...

State Representative Erin Paré said that as it stands right now, North Carolina law does not allow an itemized deduction for losses.

Gov. Mike DeWine’s budget proposal would double Ohio’s sports-betting tax to fund projects like a proposed new Cleveland ...

Ohio Gov. Mike DeWine proposed increased taxes on cigarettes and sports betting in his 2-year budget proposal.

Legal betting nationwide for Sunday’s 59th Super Bowl between the Eagles and Chiefs is expected to generate a record-setting ...

Out of left field, Ohio Gov. Mike DeWine proposed a "permanent solution" last week to a recurring problem Ohio faces when professional sports franchises ask the state to spend millions of dollars to ...

If approved by the Ohio Legislature, the tax hike would generate an estimated $130 million to $180 million annually in new ...