Sports betting is a revenue driver for states, bringing in millions of tax dollars each year. Sportsbooks are taxed on their revenue, while individuals must pay taxes on any winnings (tax rates ...

Ohio Gov. Mike DeWine is pushing to raise sports betting taxes again. In his 2026-27 budget, DeWine proposed doubling the ...

Sen. Richard Blumenthal and Rep. Andrea Salinas have reintroduced legislation using US sports betting taxes to tackle ...

Gov. Mike DeWine’s budget proposal would double Ohio’s sports-betting tax to fund projects like a proposed new Cleveland ...

Out of left field, Ohio Gov. Mike DeWine proposed a "permanent solution" last week to a recurring problem Ohio faces when professional sports franchises ask the state to spend millions of dollars to ...

Legal betting nationwide for Sunday’s 59th Super Bowl between the Eagles and Chiefs is expected to generate a record-setting ...

Sports betting winnings over $600 may be taxable. Learn how W-2G forms work, what happens if you don’t report, and how to ...

If approved by the Ohio Legislature, the tax hike would generate an estimated $130 million to $180 million annually in new ...

Ohio Gov. Mike DeWine proposed increased taxes on cigarettes and sports betting in his 2-year budget proposal.

With plenty of patience and money, the industry is extending its multi-year campaign to bring legal casinos and sports ...