Lawmakers File Bill To Repeal Sports Betting Federal Excise Tax
Reps. Dina Titus and Guy Reschenthaler have once again introduced a federal bill that would eliminate a 0.25% excise tax on all legal bets.
Reps. Dina Titus and Guy Reschenthaler have once again introduced a federal bill that would eliminate a 0.25% excise tax on all legal bets.
Rep. Sam Harless submitted a bill to the Texas House that would legalize sports betting in a state where gaming expansion is a tough sell.
A bill proposed by Sen. Matt Klein that would have legalized mobile sports betting in Minnesota failed to make it out of a Senate committee.
DraftKings CEO Jason Robins had plenty of good things to say about his company in a shareholder letter and the company's earnings last week.
GeoComply reported that the number of active betting accounts increased 14% this past Super Bowl weekend compared to the same period in 2024.
Super Bowl betting handle is on track to eclipse $1.5 billion, according to Legal Sports Report Analyst Eric Ramsey.
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