Virginia Bill Ends Loss-Carryover and Promotional Deductions

Virginia Bill Ends Loss-Carryover and Promotional Deductions

Update: The Virginia bill discussed below failed to pass, but lawmakers added similar language to the state budget later in the year to end promotional deductions after 12 months. With tax revenue not living up to expectations, Virginia is the first state to think about revisiting its sports betting tax structure. First reported by Becca…

Last-Ditch Effort To Get Sports Betting On The Ballot In Florida

Last-Ditch Effort To Get Sports Betting On The Ballot In Florida

With a February 1 deadline looming, an effort to get sports betting added to the November ballot in Florida is coming down to the wire. Two sports betting giants, DraftKings and FanDuel, are behind the initiative to break the Seminoles grip on gambling in Florida, but that grip is proving vise-like.

End of content

End of content