Meeting Today About New Sports Betting Bill in Wisconsin

Meeting Today About New Sports Betting Bill in Wisconsin

Senate Bill 592 was discussed by the Wisconsin Senate Committee on Agriculture and Revenue today. The group favors the hub-and-spoke sports betting model that the bill establishes over other sports betting models because it allows the tribes of Wisconsin to secure a high revenue share. … Read more

Congress Moves to Undo Gambling Tax Change with FAIR BET Act

Congress Moves to Undo Gambling Tax Change with FAIR BET Act

A new bipartisan bill, the FAIR BET Act, aims to reverse a controversial tax rule buried in President Trump’s recently signed One Big Beautiful Bill. Introduced by Reps. Dina Titus and Ro Khanna, the legislation would restore gamblers’ ability to fully deduct losses against winnings. … Read more

California Sports Betting: Is a Tribal Partnership the Key to Legalization?

California Sports Betting: Is a Tribal Partnership the Key to Legalization?

DraftKings and FanDuel executives met with tribal representatives in California at the Indian Gaming Tradeshow & Convention to discuss a potential partnership. The Sports Betting Alliance’s proposal seeks to license sportsbooks while ensuring revenue-sharing benefits for all 109 federally recognized tribes. Despite ongoing negotiations, tribal … Read more