Tag: Taxes
Ohio bill proposes fees on sports bets to fund stadiums and schools
16 April 2026 at 5:50am UTC-4
Ohio Republican State Sen. Louis Blessing III has introduced legislation that would impose a 2% fee on sports wagers, directing revenue toward public sports stadiums and K-12 ...
Iowa advances bill to regulate prediction markets
1 April 2026 at 7:22am UTC-4
The Iowa Senate has passed a bill to regulate and tax online prediction market platforms, making it the first US legislative chamber to try to regulate the sector.
Senators ...
Mississippi lawmaker proposes casino tax cuts via mobile sports betting bill
3 March 2026 at 7:37am UTC-5
A revised bill that would legalize online sports betting in Mississippi has been introduced to the state legislature, this time introducing tax cuts for the state’s casinos ...
Brazil strips 15% betting tax from Anti-Faction Bill
26 February 2026 at 5:28am UTC-5
Brazil’s Chamber of Deputies has blocked a proposed tax on fixed-odds betting that would have funded public security initiatives.
The Chamber authorized the Anti-Faction Bill ...
Michigan governor eyes tax increase for online gambling operators
12 February 2026 at 7:12am UTC-5
Michigan Governor Gretchen Whitmer has targeted online gambling operators this week in a bid help fund the state’s Medicaid expenses via increased taxation.
In her budget ...
PAGCOR sets revenue share rates for sportsbook operators
26 January 2026 at 7:40am UTC-5
Philippine gambling regulator PAGCOR has updated its revenue contribution to be paid by licensed bookmakers operating in the country, according to PhilStar Global.
Jessa Mariz ...
Illinois sports betting plunges after new tax on wagers
20 January 2026 at 6:52am UTC-5
New figures from the Illinois Gaming Board reveal a notable drop in sports betting activity since the state introduced a new gambling tax last year.
Initially, a US$0.25 tax ...
Sports Betting Alliance blames Illinois tax hike for drop in gambling
13 January 2026 at 7:28am UTC-5
Data published by the Illinois Gaming Board shows that 6.4 million fewer wagers were placed year-on-year in the state in October 2025, leading to a warning from the Sports Betting ...
Nevada lawmakers pursue change to Trump’s Big Beautiful Bill
5 December 2025 at 6:50am UTC-5
Federal lawmakers in Nevada are intensifying efforts to reverse a change to gambling taxation included in the One Big Beautiful Bill Act that was passed on July 4.
The bill ...
Brazilian Senate Committee approves tax hike for betting operators and fintechs
4 December 2025 at 6:20am UTC-5
Brazil’s Senate Economic Affairs Commission has approved a bill raising taxes on betting companies and digital finance firms.
The proposal from Senator Renan Calheiros now ...
