Detroit Mayor Mike Duggan is crediting Michigan's legal online gambling industry with helping refill city coffers.
Only state and local governments tax operators' gambling revenue, yet the fed benefits as well, by taxing gamblers themselves.
A quirk in a bill from 2016 is leading to soaring costs for smaller Atlantic City casinos whose focus is online gaming.
A proposed tax rate of 54 percent on internet gambling in Pennsylvania would make it challenging for operators, as evidenced by European regulated markets.
US online poker players need to be familiar with FBAR rules, especially following a recent court decision clarifying FBAR's applicability to online gambling.
Now that online poker and other forms of Internet wagering are regulated in three states, players are more likely to report winnings when tax time...
A summary of our four part series on tax implications for players using New Jersey online poker and casino sites.
In the last installment of our NJ iGaming Tax Guide, the focus is on tax implications for players from outside the United States.
In part 3 of our NJ iGaming Tax Guide series, issues that might arise for players from other states are addressed.
Part 2 of our guide to NJ iGaming taxation focuses on New Jersey state income tax.
This guide provides basic information about federal taxation of gambling winnings for professional and amateur players gambling online in New Jersey.