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New Jersey Appeals Court Upholds Casino Tax Breaks

by Card Player News Team | Published: Oct 26, '24

… rates that high. New York taxes at 51% and Pennsylvania at … . Legislators may see increased iGaming taxes as a way to offset …

Study Details U.S. Approach To Sports Betting Taxes

by Sean Chaffin | Published: Sep 29, '24

… rate of 51%. Pennsylvania then taxes sports betting revenue at 36 … Vermont at 31.7%. Ohio taxes operators at 20%, along with … applies to all forms of gambling revenue. Iowa has matched Nevada …

Pennsylvania Collects Record Taxes From All Forms Of Gaming

by Sean Chaffin | Published: Jul 26, '24

… $2.36 billion in taxes. Gaming taxes in the Keystone State are … in taxes Table games – $958 million, $157.6 million in taxes Online … billion, $841.7 million in taxes Sports betting – $486.6 million … in taxes VGTs – $41.1 million, $21.4 million in taxes Fantasy …

Court Denies Pennsylvania Casino's Attempt To Recoup $1.1 Million In Overpaid Taxes

by Steve Schult | Published: Aug 19, '20

… attempt at recouping the overpaid taxes Tuesday when the Pennsylvania … request to recoup the overpaid taxes six months too late. … deadline for refund requests after taxes have been paid. In … landscape of brick-and-mortar gambling during the COVID-19 pandemic …

German Poker Pro Appeals Taxes On Winnings

by Rebecca McAdam | Published: Aug 24, '12

A former poker player is appealing against having his winnings of more than $1 million taxed. According to Tax-News.com, the test case is being looked into by a tax court in Cologne, which will have to conclude whether or not the game relies on luck or …

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Online Poker Streamer Espen Jorstad Wins WSOP Main Event And $10 Million

by Card Player News Team |  Published: Aug 24, '22

… with other players? What about taxes? As it turns out, Jorstad … !” Jorstad said. Norway has a gambling tax rate of 28%, which … ’t be hit with any taxes as he now resides in … . The UK does not tax gambling winnings. He follows in the …

Gambling Ballot Initiatives Earn Clean Sweep On Election Day

by Steve Schult |  Published: Dec 16, '20

… passed resolutions that expanded gambling in their state. Nebraska … constitution to allow casino gambling, another to change … six states that passed gambling expansion, Virginia’s initiatives … public education without raising taxes on families and businesses,” …

The High Roller Survey: 61 Poker Superstars Tell Us Who Is The Best And Who Is The Most Overrated

by Card Player News Team |  Published: Jun 05, '19

… you want to avoid the taxes.’ As home of the biggest … years thanks to their friendly gambling tax laws, which are pretty …

Why Do So Many Poker Pros Die Broke? Part Three

by Alan Schoonmaker |  Published: Apr 24, '19

… . Don’t Cheat On Your Taxes Cheating is tempting, but extremely … . I don’t like paying taxes any more than you do … , if I hadn’t paid taxes and Social Security and contributed … risking going broke. You’re gambling with your health and life …

A Poker Life: Tony Dunst

by Erik Fast |  Published: Sep 28, '16

… to glamorize the world of gambling. That world already held a … guy that always wins at gambling? Of course, James Bond!’ I … under $2,000 after the taxes.” Dunst had just been hired …

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