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State Taxes Sports Betting

Bowditch & Dewey

Sports Betting Coming Soon to Massachusetts – Can I Deduct My Sports Betting Losses?

Bowditch & Dewey on

It is expected that sports betting will be allowed in Massachusetts in the coming weeks. Initially, sports betting will be allowed in-person at Plainridge Park Casino in Plainville, MGM Springfield and Encore Boston Harbor in...more

Rivkin Radler LLP

Leaving New York? Can You Prove It?

Rivkin Radler LLP on

“Summertime and the Living” Isn’t Easy- Summer in the New York Metro Area can be challenging. Some would say it sucks. It gets really hot. When it rains, it pours – no spritz here. The humidity is oppressive. Ironically, a...more

BakerHostetler

[Podcast] Sports Betting - States Getting a Piece of the Tax Action

BakerHostetler on

Since the May 2018 Murphy v. NCAA US Supreme Court decision, states have been able to authorize and tax sports betting. Twenty-six states and the District of Columbia have done so. In this week's show, Matt Hunsaker explains...more

Blank Rome LLP

New York Governor Releases 2021-22 Executive Budget

Blank Rome LLP on

On January 19, 2021, New York State Governor Andrew M. Cuomo submitted his Executive Budget, applicable to the state’s fiscal year beginning April 1, 2021. The governor’s proposal, which will now be the subject of public...more

Manatt, Phelps & Phillips, LLP

Proposed California Taxes to Address California’s Budget Shortfall in Light of COVID-19

California Governor Gavin Newsom’s proposed budget for FY 2020-21 projected a $7 billion surplus and record state spending, but his revised budget projects as much as a $54 billion deficit in light of COVID-19’s impact on the...more

Brownstein Hyatt Farber Schreck

Colorado Will Be Asked in November Whether to Legalize and Tax Sports Betting

On the last day of the 2019 state legislative session, the Colorado General Assembly passed a bill to ask voters whether to legalize and tax sports betting. The referred measure, now known as Proposition DD, had bipartisan...more

McGuireWoods Consulting

Illinois End of Session Report

New Governor, New General Assembly, Democratic Trifecta - The 2019 legislative session began with the inauguration of a new governor and the members of the 101st General Assembly. With a large number of retirements and...more

McGuireWoods Consulting

Virginia Legislative Session Preview

McGuireWoods Consulting on

The Virginia General Assembly meets every winter for its legislative session. The 2019 session of the Virginia General Assembly is a “short session,” meeting for 45 days to address thousands of pieces of legislation and...more

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