On Thursday, the United States House of Representatives passed the ... This could create some scenarios where bettors would ...

In the span of just a few weeks, state and federal lawmakers from across the U.S. have apparently decided it’s time to squeeze sports bettors.

Adjusted gross revenue from sports betting in Virginia reached a four-month high of $67.9 million in May as the state saw ...

Jefferies Group reduced its price target for DraftKings to $53 from $60 and has a Buy recommendation on the stock. This ...

A relatively underappreciated constituency is raising the alarm about President Donald Trump’s “big, beautiful bill” — ...

Taxpayers won’t have many complaints about the retroactive tax cuts that took effect this week, but the retroactive tax hikes ...

The version of President Donald Trump's “Big Beautiful Bill” passed by the Senate earlier this week contains a tax provision that could prove prohibitive to gamblers, with ramifications for horse ...

If the government gets its way, gamblers (who wager legally) will be paying a lot more in taxes come 2026. A new bill would ...

Michigan followed with $251.5 million in gross revenue, up 26.6% year-over-year, also marking its second-highest monthly ...

The Senate version of the budget bill seeks to limit the amount gamblers are able to deduct from their winnings to 90 percent ...

New York Democrats blasted coming harm to safety-net programs as Republicans celebrated the completion of a huge package of ...