FULL HOUSE Act Takes Aim at New Gambling Tax Policy

ULL HOUSE Act Takes Aim at New Gambling Tax Policy - Steven Horsford, Max Miller

Reps. Steven Horsford and Max Miller introduced the FULL HOUSE Act in January to reverse a tax change that reduced gambling loss deductions to 90%. The updated rule can force gamblers to pay taxes even when they finish the year even, affecting both casual players … Read more

State Senate Unanimously Passes MD Sports Betting Bill To House

Maryland Senate

MD SB 4 would make both retail and mobile/internet platforms available for legal sports betting in Maryland. The legal sports betting market in the Free State is estimated to bring in $20 million in revenue for their education system. The bill will now move to … Read more

MA Sports Betting Bill Clears Committee After Year Of Studying

Massachusetts Capitol

A new bill has been brought to the attention of lawmakers in Massachusetts to legalize sports betting. While leagues would like to receive an integrity fee of 0.25%, no such rule is listed under the bill yet but could be a possibility as it moves … Read more

MI Sports Betting Advances Through Committee, On To House Floor

Detroit Michigan

MI HB 4916 went through several amendments in a House committee before being sent to the House floor. The tax rate for an operator’s sports betting revenue in MI has been increased and official league data has become a mandate for live betting. The Governor’s … Read more

Three Sports Betting Bills Get Approval By Michigan House Committee

Three Sports Betting Bills Pass Committee in Michigan

Legal sports betting could be legal in the state of Michigan by Super Bowl 2020. Representative Brandt Iden is making changes to the bills that were approved by the Michigan House Committee. One change that is needed if Iden wants the signature of Governor Gretchen … Read more