The explosion of sports betting has meant billions of dollars in revenue for gaming operators, but the IRS is leaving big money on the table, a government watchdog found.
A Treasury Inspector General for Tax Administration review of roughly 43 million forms during tax years 2018 through 2020, totaling about $156 billion issued to taxpayers, found about 150,000 individuals who won over $15,000 but didn’t file a tax return on those earnings, a new Thursday report said. In response to the review, the IRS determined it could potentially increase tax revenue by about $1.4 billion by addressing some of those …
This content was produced in partnership with Bazoom Group.After New Jersey regulated online casinos in 2013, the state experienced phenomenal growth in online
MONTICELLO, Ky. (WYMT) - On Oct. 2, law enforcement in Wayne County conducted a joint operation in Monticello with assistance from the Federal Bureau of Investi
Thousands of cash payout games resembling slot machines have proliferated in gas stations and stores around Kentucky ov
DETROIT – A software company was issued a cease-and-desist letter for allegedly operating illegal gambling within Michigan.Papaya Gaming, an Israel-based soft