Legalized, Taxed, Threatened: The 8-Year Reality of Post-PASPA Sports Betting

8 Years After PASPA: Legal Sports Betting Was Supposed to Be a Tax Windfall. It Became a Tax War

WASHINGTON – On the morning of May 14, 2018, the Supreme Court of the United States handed down Murphy v. NCAA and ended Nevada’s 26-year monopoly on legal sports betting. Eight years later, questions surrounding who would profit and under what rules have been answered… … Read more

Mississippi Sports Betting Hits The One Year Mark, Over $300m Wagered

Mississippi Sports Betting Turns One

Mississippi sportsbooks have kept $30.5 million in revenue (pre-tax contributions) since the August 1, 2018 launch. A four-percent tax is given to the cities that host the sportsbooks, and the Tunica region is in need of the funds. Sam’s Town Casino is planning a college … Read more