by Giovanni Shorter | Apr 17, 2021 7:58 am | Regulatory
Wyoming passed legislation to regulate sports betting. Wyoming legislation allows cryptocurrencies to be used to bet on sports. North Carolina lawmakers are now considering bringing cryptocurrencies to sportsbooks. CHEYENNE, Wyo. – Wyoming may have changed the sports...
by Giovanni Shorter | Apr 16, 2021 3:04 pm | Sports Betting
Churchill Downs mobile sportsbook TwinSpires announced a new five-year betting deal with sports technology company Sportradar. TwinSpires will use Sportradar’s products to better its sports betting services. TwinSpires will gain access to the live in-game betting,...
by Giovanni Shorter | Apr 10, 2021 11:06 am | Sports Betting
According to a survey run by Whistle Wise Quantitative Research, 76% of young sports betting fans view legal sports betting as a form of entrepreneurship. Americans bet billions on sports every year. Many prominent figures have made a living off of sports betting. LAS...
by Giovanni Shorter | Apr 9, 2021 10:14 am | Sports Betting
Iowa saw $161.4 million wagered on sports in March thanks to March Madness betting. The state saw $13.4 million collected in revenue, a new state record. The bulk of the wagers came from online and mobile betting operations. DES MOINES, Iowa – Iowa managed to...
by Giovanni Shorter | Apr 3, 2021 11:31 am | Sports Betting
All sports betting wins are considered taxable income and should be claimed on sports bettors’ taxes. The Internal Revenue Service (IRS) requires taxes to be filed if players earn $600 or more. Sports betting fans are able to deduct losses, but only to the amount of...
