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Legal
April 2, 2021
US Lawmakers Propose to Repeal Sports Betting Excise Tax
A new bill aims at eliminating the federal excise tax under which sports betting operators need to pay $50 annually per employee and a 0.25% tax on sports bets. The proposal was put forward by Representatives Dina Titus and Guy Reschenthaler. New Bill Aims to Eliminate the Sports Betting Excise Tax Introduced in the 1950s, […]