Tag: Taxes

Illinois raises sports betting tax as part of the 2026 budget

4 June 2025 at 6:46am UTC-4
Minutes before midnight on Saturday, Illinois lawmakers passed an additional tax on sports bets. The new tax will incur US$0.25 for every bet placed with a licensed sportsbook ...

Lower sports betting tax rise proposed in Louisiana

23 May 2025 at 7:10am UTC-4
The Louisiana House has pushed forward with a bill to increase sports betting taxes, but with a lower increase than was initially proposed. House Bill 639, proposed by Rep ...

Ohio lawmakers introduce bill to legalize online casinos

15 May 2025 at 12:59pm UTC-4
Ohio State Senator Nathan Manning has proposed a bill to expand igaming in Ohio to include online casino and poker. SB 197 was read at the Senate Select Committee on Gaming on ...

Sportsbooks react against North Carolina tax rise

13 May 2025 at 9:54am UTC-4
Sports betting companies are pushing back against North Carolina’s recent budget proposal to raise the tax paid on revenue from 8% to 36%. The proposal passed the Senate on ...

Colorado bill to change online sports betting promo taxes delayed

9 May 2025 at 6:06am UTC-4
A Colorado bill aimed at reforming how sportsbooks handle promotional bets for tax purposes has stalled in the Colorado Senate as the state’s legislative session concluded ...

Louisiana lawmakers discuss tax hike for sports betting operators

30 April 2025 at 6:04am UTC-4
Legislators in Louisiana have proposed an increase in the state’s sports betting tax from 15% to 32.5%, matching the tax rate on video poker. House Bill 639, introduced by ...

Colorado lawmakers discuss taxing free sports bets

22 April 2025 at 6:16am UTC-4
Colorado lawmakers have introduced House Bill 1311, which would tax online sports operators for free bets they offer to players. The proposed tax would bring in an extra 30% of ...

North Carolina proposes doubling online sports betting tax

15 April 2025 at 6:58am UTC-4
North Carolina Senate Republicans have unveiled a budget proposal to double the tax rate on sports betting operators, which would see it jump from 18% to 36%, according to WRAL ...

Hawaii sports betting bill passes Senate committee

4 April 2025 at 7:18am UTC-4
The Hawaii Senate Ways and Means Committee became the sixth committee to approve HB 1308, to legalize online sports betting. While lawmakers amended the bill, it passed through ...

Massachusetts senator pitches new tax rate for online sportsbooks

28 March 2025 at 7:30am UTC-4
Massachusetts State Senator John Keenan got a chance to plead the case for his bill to increase restrictions on online sports betting platforms in a forum at the State House on 26 ...