federal excise tax

Federal Handle Tax Targeted In New Bipartisan House Bill

The co-chairs of the recently-relaunched Congressional Gaming Congress introduced bipartisan legislation Friday to end the federal excise tax on legal sports bets. Rep. Dina Titus (D) of Nevada and Rep. Guy Reschenthaler (R) of Pennsylvania co-sponsored a bill that would repeal the long-standing 0.25% tax paid on the handle for legal wagers. US sports betting […] Read More
Posted on: July 24, 2020 | Regulation Sports Betting | Matthew Waters
Congress sports betting tribes

Inside The New Tribal Sports Betting Bill In Congress

A New York Congressman has introduced legislation regarding sports betting, and Legal Sports Report obtained the text of the bill that has not been previously released. But the bill is not the kind of sweeping sports betting regulation that has garnered some chatter on Capitol Hill in recent years. Instead, it’s a more narrowly tailored […] Read More
Posted on: December 24, 2019 | Sports Betting | Dustin Gouker
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