Titus urges committee to advance FAIR BET Act restoring gambling deductions Suswati Basu Rep. Dina Titus (D-Nevada) has urged the House Ways and Means Committee to advance the Fair Accounting for Income Realized from Betting Earnings Taxation (FAIR BET) Act, legislation that would restore the 100% federal tax deduction for gambling losses. Titus … Continue reading Titus urges committee to advance FAIR BET Act restoring gambling deductions
Tag Archives: Gambling
Punter who sued Betfair after almost $2 million gambling loss loses appeal
Punter who sued Betfair after almost $2 million gambling loss loses appeal Sophie Atkinson Suswati Basu Lee Gibson, a multimillionaire “problem gambler,” has lost his appeal in the Court of Appeal, after suing Betfair over losing close-to £1.5 million ($ 2 million) on gambling. Gibson claimed that the betting platform had a … Continue reading Punter who sued Betfair after almost $2 million gambling loss loses appeal
Google announces expansion of offline gambling restriction ads across 35 countries
Google announces expansion of offline gambling restriction ads across 35 countries Ross Kilvington Suswati Basu Google has recently announced an expansion of its Gambling and Games policy on Wednesday (November 19). It comes only weeks after the tech giant changed how it classified sweepstakes casino games, which are no longer considered social … Continue reading Google announces expansion of offline gambling restriction ads across 35 countries
Peaky Blinders producer Banijay seals $5B deal to create gambling giant
Peaky Blinders producer Banijay seals $5B deal to create gambling giant Suswati Basu The producers of hit shows like The Peaky Blinders have put pen to paper on a £4 billion ($ 5.28 billion) gambling deal. Banijay Group (Banijay) is responsible for the Cillian Murphy-led gangster show, alongside other television brands like … Continue reading Peaky Blinders producer Banijay seals $5B deal to create gambling giant
NBA memo issued to all teams details integrity concerns amid gambling scandal
NBA memo issued to all teams details integrity concerns amid gambling scandal Graeme Hanna The NBA has issued an urgent memo to all 30 teams stressing that “more can be done” to protect the integrity of the game, following the gambling scandal that has rocked the league. Miami Heat guard Terry Rozier, … Continue reading NBA memo issued to all teams details integrity concerns amid gambling scandal
Autumn Budget 2025: UK gambling firms brace themselves for sharp tax rises – what to expect
Autumn Budget 2025: UK gambling firms brace themselves for sharp tax rises – what to expect Suswati Basu The UK government is preparing a sweeping overhaul of gambling taxes in its Autumn Budget 2025, which could shake up one of the country’s most profitable yet controversial industries. Chancellor Rachael Reeves has been … Continue reading Autumn Budget 2025: UK gambling firms brace themselves for sharp tax rises – what to expect
Inside the mob-backed gambling ring that just shook the NBA
October 23, 2025 Inside the mob-backed gambling ring that just shook the NBA The FBI dropped a bombshell indictment on Thursday, announcing arrests and criminal charges against dozens of people allegedly involved with gambling and rigging NBA games. The whole thing involved not only some of basketball’s biggest names, but also the mob. At a … Continue reading Inside the mob-backed gambling ring that just shook the NBA
Guardians pitcher Emmanuel Clase’s career is over after ‘irrefutable’ gambling evidence
Guardians pitcher Emmanuel Clase’s career is over after ‘irrefutable’ gambling evidence – report Rachael Davies After an investigation found ‘irrefutable’ evidence of gambling, it appears Guardians pitcher Emmanuel Clase’s career is over. MLB Insider Héctor Gómez has posted on X that Guardians pitcher Emmanuel Clase will not play in Major League Baseball again, after the … Continue reading Guardians pitcher Emmanuel Clase’s career is over after ‘irrefutable’ gambling evidence
UK and US team up to dismantle $15B international crypto scam and illegal gambling network
UK and US team up to dismantle $15B international crypto scam and illegal gambling network Rachael Davies The UK and the US governments have joined forces to take down a Southeast Asian crypto scam network, indicting the founder of Prince Holding Group. An international network that runs illegal crypto scam centres using trafficked workers has … Continue reading UK and US team up to dismantle $15B international crypto scam and illegal gambling network
Apple, Google, and Meta face court cases for gambling app benefits
Apple, Google, and Meta face court cases for gambling app benefits Jacob Woodward Three of the world’s largest global names, Apple, Google, and Meta, are embroiled in court action for allegedly profiting from gambling-style apps on their respective digital platforms. As reported by Reuters, the trident is pushing for the action against them to be … Continue reading Apple, Google, and Meta face court cases for gambling app benefits