Search results
Results from the WOW.Com Content Network
Lawmakers from states where gambling is legal are proposing standards for additional states that are considering allowing internet gambling, including a tax rate of 15% to 25%, and a ban on credit ...
The Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) is United States legislation regulating online gambling. It was added as Title VIII to the SAFE Port Act (found at 31 U.S.C. §§ 5361–5367) which otherwise regulated port security. The UIGEA prohibits gambling businesses from "knowingly accepting payments in connection with the ...
The casino floor at Wynn Las Vegas in Paradise, Nevada. In the United States, gambling is subject to a variety of legal restrictions. In 2008, gambling activities generated gross revenues (the difference between the total amounts wagered minus the funds or "winnings" returned to the players) of $92.27 billion in the United States.
The Internet Gambling Regulation, Consumer Protection, and Enforcement Act was a proposed 2009 bill in the United States House of Representatives that is intended "to provide for the licensing of Internet gambling activities by the Secretary of the Treasury, to provide for consumer protections on the Internet, to enforce the tax code, and for other purposes."
A state-by-state breakdown of sports gambling's progress in the wake of the landmark Supreme Court decision.
Online sports betting is legal in 30 states plus the District of Columbia and Puerto Rico, and the authors estimate total monthly wagers have climbed from an average of $1.1 billion per month in ...
Gambling law is the set of rules and regulations that apply to the gaming or gambling industry. Gaming law is not a branch of law in the traditional sense but rather is a collection of several areas of law that include criminal law, regulatory law, constitutional law, administrative law, company law, contract law, and in some jurisdictions, competition law.
Most states have income taxes, meaning there’s a good chance the winnings are subject to taxes at the federal and state levels. Depending on your tax bracket, the rate varies from 10% to 37% ...