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Taxes on Casino Winnings in America - Useful Tips

Taxes on Casino Winnings in America - Useful Tips

All gambling winnings, whether $5 or $5,000, must be declared as "other income" on Schedule 1 (Form 1040) of your tax return.

Submitted by Aaron Goldstein on, Oct/25/2022

Card Player Founder Wins Own Tournament? Mouth 1 of 4 Left in NFL Survivor Pool Needing Bears

Card Player Founder Wins Own Tournament?

Our intrepid reporter Thomas Somach approached Barry's wife Allyn Jaffrey Shulman suggesting this might be viewed as a conflict of interest.

Submitted by Nagesh Rath on, Oct/24/2022

Maryland Due to Get Mobile Sports Betting Launch in December, BetR Founder Agrees Sector in U.S. Unsustainable

Maryland Due to Get Mobile Sports Betting Launch in December

"This isn't going to work over time if we're just trying to extract as much money from people as possible when they're betting on sports," Levy said of the current sports betting market in the U.S.

Submitted by Alistair Prescott on, Oct/20/2022

Liz Truss Steps Down, Boris Johnson Coming Back? Latest Odds, and a Casino Coming to Times Square?

Liz Truss Steps Down, Boris Johnson Coming Back? Latest Odds

The favorite as of Thursday morning was Rishi Sunak at +165 odds, paying out $16.50 for every $10 bet or $165 for every $100 bet.  Both Boris Johnson and another former PM, Theresa May, are among the mix.

Submitted by Alistair Prescott on, Oct/20/2022

Mass Sports Betting to Start in January, Fubo Shuts Down its Offerings After Huge Loss

Fubo Shuts Down its Offerings After Huge Loss

The commissioners says it could not agree on a timeline at a recent meeting in regard to online and mobile gambling but early March looks likely.  That would be just in time for the Men's NCAA College Basketball Tournament and March Madness.

Submitted by C Costigan on, Oct/17/2022

Hard Rock International and Seminole Gaming Win Two International Entertainment Buyers Association Awards

"We are honored to receive these awards from fellow entertainment industry leaders,” said Keith Sheldon, President of Entertainment for Hard Rock International and Seminole Gaming. "Our team continuously strives to provide the best entertainment experience to our guests with artists from all over the world.”

Submitted by Press Release on, Oct/17/2022

Hustler Casino Live to Continue Streaming After Lew-Adelstein Brouhaha

Hustler Casino Live to Continue Streaming After Lew-Adelstein Brouhaha

The California Bureau of Gambling Control (CBGC) will permit the Hustler Casino live stream to continue following a brief probe.  The decision comes following a high profile cheating scandal involving a novice player, vibrating device and apparent threatening behavior. 

Submitted by Ace King on, Oct/13/2022

Can't Use a Credit Card at BetR: Founders Announce Big Move in Vegas

Can't Use a Credit Card at BetR: Founders Announce Big Move in Vegas

The online sports betting site known for its microbetting payments and partnership with YouTube sensation Logan Paul announced at this week's Las Vegas Gaming Expo it will not permit customers to use a credit card when opening an online betting account or placing wagers.

Submitted by Aaron Goldstein on, Oct/11/2022

Circa Resort & Casino Wins Property of the Year at 2022 Global Gaming Awards

Circa Resort & Casino Wins Property of the Year at 2022 Global Gaming Awards

Downtown Las Vegas Casino-Resort Claims Title for Second Consecutive Year 

Submitted by Press Release on, Oct/10/2022

Now There is a Staffer Theft Twist in Lew-Adelstein Cheating Scandal

Now There is a Staffer Theft Twist in Lew-Adelstein Cheating Scandal

Initial results of the probe reveal that an employeesof Hustler Casino's High Stakes Poker Productions stole three $5,000 chips totalling $150,000 from Lew’s stack after the broadcast concluded on Sept. 29.

Submitted by Nagesh Rath on, Oct/10/2022

Compliance Experts Rightlander Launch Smart Workbench

Compliance Experts Rightlander Launch Smart Workbench

The new product learns and remediates, reduces the marketing compliance workload by up to 90% and translates content for small teams.

Submitted by Press Release on, Oct/10/2022

Can I Play on Bovada From Oklahoma? (Cowboys Edition)

Can I Play on Bovada From Oklahoma?

The Bovada website (formerly known as Bodog) is accessible to those living in the state of Oklahoma, as are numerous other offshore sportsbooks more than happy to take bets from those living in the state.

Submitted by Don Shapiro on, Oct/07/2022

What is the Blackjack Ball? An Exclusive Gathering of the World's Greatest Gamblers

An Exclusive Gathering of the World's Greatest Gamblers

The highly secretive event is often considered the G2 Summit of gambling. But what is it and how did it all begin?

Submitted by Don Shapiro on, Oct/07/2022

2 Dead, 6 Injured in Shock Vegas Strip Attack Thursday: Showgirls Among Those Killed

2 Dead, 6 Injured in Shock Vegas Strip Attack Thursday: Showgirls Among Those Killed

Police responded to multiple calls of stabbings near the 3100 block of Las Vegas Boulevard on the Las Vegas Strip near the Encore Hotel at about 11:40 am local time (2:40 pm ET).  At lest two are dead and six injured.  A total of eight people were stabbed.

Submitted by Jagajeet Chiba on, Oct/06/2022

Expert: The Odds of Lew Being Right Were "So Phenomenally Small"

In a cash game taking place at the Hustler Casino and live streamed, poker novice Robbi Jade Lew made a curious move with an unlikely hand against a very seasoned player Garrett Adelstein and won more than $200,000.

Submitted by Nagesh Rath on, Oct/06/2022

Florida Sports Betting Case Has Government Advising They Will "Go It Alone"

Florida Sports Betting Case Has Government Advising They Will "Go It Alone"

While a good chunk of the state is still reeling from last week's Hurricane Ian destruction, a Florida sports betting case continues to grind through the courts with very little hope for mobile wagering in the Sunshine State when all is said and done.

Submitted by Gilbert Horowitz on, Oct/05/2022

Inside Edition Calls Lew-Adelstein Cheating Allegations 'Biggest Scandal in Game's History'

Inside Edition Calls Lew-Adelstein Cheating Allegations 'Biggest Scandal in Game's History'

Did she cheat?  That's the question everyone is asking in regard to a shock scandal rocking the poker world involving a vibrating device and apparent novice player.

Submitted by Nagesh Rath on, Oct/05/2022

Ways Crypto Help Grow Your Business in the Middle East

Ways Crypto Help Grow Your Gaming Business in the Middle East

Cryptocurrency is rapidly expanding among the world's most lucrative markets, including online gaming. Businesses are catching on to this new digital currency.

Submitted by B.E.Delmer on, Oct/04/2022

Top 5 Megaways Slots Analyzed | Gambling911.com

We look at 5 Megaway slots and their RTP percentages

Megaways slots have greatly multiplied players’ chances of winning at online casinos. Discover the top five Megaways slots to play.

Submitted by C Costigan on, Oct/04/2022

Vibrator Used to Give Poker Player "Unfair" Edge During Hustler Live Stream: Goes All-In to Win $130K Hand

Hustler Casino has said neither player will be invited to return until the incident had been investigated.

Submitted by Nagesh Rath on, Oct/02/2022

AGS Takes Its Portfolio to a New Level at the 2022 Global Gaming Expo in Las Vegas

AGS Takes Its Portfolio to a New Level at the 2022 Global Gaming Expo in Las Vegas

AGS (NYSE: AGS) or (the “Company”) announced today that it will showcase a new level of product diversity and innovation in all three of its business divisions: Electronic Gaming Machines (“EGM’s”), Table Products, and Interactive at the 2022 Global Gaming Expo (“G2E”) held Oct. 11 – 13 in Las Vegas, Nevada.

Submitted by Press Release on, Sep/28/2022

WaPo: Not All Shareholders, Execs Have Stomach to Endure Years of Losses From Sportsbooks

Caesars Sportsbook has already cancelled a quarter-billion dollars in preplanned marketing campaigns while other sites may be subject to costly lawsuits.

Submitted by Alejandro Botticelli on, Sep/27/2022

Sac Bee Calls California Sports Betting Prop Claims of Helping the Homeless "Dodgy"

Sac Bee Calls California Sports Betting Prop Claims of Helping the Homeless "Dodgy"

Sports betting firms and state tribes are spending millions to push two separate sports betting amendments in California, but Ari Plachta of the Sacramento Bee says these advertisements have "ranged from confusing to misleading".

Submitted by Gilbert Horowitz on, Sep/27/2022

Entain Voted Most Socially Responsible Gambling Company....After Receiving Record Fine

Entain Voted Most Socially Responsible Gambling Company

Try not to laugh.  The £17M fine last month was specifically for "failure to adhere to social responsibility and anti-money laundering (AML) safeguards."

Submitted by Nagesh Rath on, Sep/26/2022

175 Offshore Gambling to be Shut Down in the Philippines

175 Offshore Gambling to be Shut Down in the Philippines

Plus teenagers' exposure to sports betting a risky gamble in Massachusetts as Gaming Commission mulls its options on advertising.

Submitted by Gilbert Horowitz on, Sep/26/2022

'Mouth' vs. Negreanu as the Two Poker Icons Take on 'Living in a Free Country'

'Mouth' vs. Negreanu as the Two Poker Icons Take on 'Living in a Free Country'

Plus there is a silver lining with two-thirds of bettors already bombing out of a $6 million Vegas NFL Contest After Week 2, and the fallout and feuds continue over at Twitch following gambling ban.

Submitted by Nagesh Rath on, Sep/22/2022

World Poker Tour Host 2022 Rock ‘N’ Roll Poker Open at Seminole Hard Rock

This year’s series features 44 primary events, kicking off with a $400 Deep Stack NLH (Re-Entry) with a $1 Million Guarantee and headlined by a $3,500 WPT Rock ‘N’ Roll Championship boasting a $2 Million Guaranteed prize pool.

Submitted by Press Release on, Sep/22/2022

SBC Barcelona: The Debate Over Betting and Media

SBC Barcelona: The Debate Over Betting and Media

This week's SBC Barcelona Summit was set to conclude on Thursday.  One panel on Wednesday featured a lively discussion related to how betting has partnered with various media outlets.  This is an especially timely topic in light of Disney CEO Bob Chapek made it clear as day last week that the company’s sports network ESPN is looking for a partner with sports gambling.  It should be noted that, in the end, Chapek stated his company would only consider partnering with a sports betting firm, but has no intention of

Submitted by Aaron Goldstein on, Sep/22/2022

Twitch Alleged Sex Assault, Gambling Shocker: Bizarro World of Streaming Platform Exposed

Twitch Alleged Sex Assault, Gambling Shocker: Bizarro World of Streaming Platform Exposed

The gambling scandal currently plaguing Twitch has resulted in a popular streamer being banned for allegedly covering up a sex assault.....and it gets worse...if you can keep up with this trainwreck.

Submitted by Nagesh Rath on, Sep/21/2022

Biggest Mistakes New Players Make in The Casino

Biggest Mistakes New Players Make in The Casino

Online casino gaming is growing globally, evident in the surge of new casino sites and punters in the industry. While online casino like red dog casino offers thrilling gaming experiences, it is essential to learn the ropes before risking your hard-earned money. However, new players are typically exhilarated by the idea of bagging lucrative winnings. So, they often commit mistakes that can be costly.

Submitted by Payton on, Sep/21/2022

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