Senators Push To Eliminate Federal Sports Betting Excise Tax

Senators Push To Eliminate Federal Sports Betting Excise Tax - Catherine Cortez Masto, Cindy Hyde-Smith

Senators Catherine Cortez Masto and Cindy Hyde-Smith reintroduced legislation to repeal the federal excise tax, calling it outdated. The renewed push comes as Nevada sportsbooks continue to pay millions and follows the recent failure of Rep. Dina Titus’ FAIR Bet Act. WASHINGTON — A bipartisan … Read more

OPINION – Bettors Won’t Notice If the Federal Excise Tax on Sports Betting Disappears

Sportsbook

Federal lawmakers have reintroduced the Discriminatory Gaming Tax Repeal Act of 2025, which focuse on taxing sportsbook operators. Representatives Dina Titus and Guy Reschenthaler believe the money owed by sportsbooks is giving offshore betting sites the edge. They also believe that sports bettors are choosing … Read more