Government taxation and revenue

FILE - This Feb. 10, 2020, file photo shows slot machines at the Hard Rock casino in Atlantic City,N.J., that are controlled by gamblers over the internet. The coronavirus pandemic could lead to a quicker expansion of sports betting and internet gambling in the U.S. as states deal with huge budget deficits and look for new tax revenue wherever they can find it. (AP Photo/Wayne Parry, FIle)
May 29, 2020 - 12:12 pm
ATLANTIC CITY, N.J. (AP) — The coronavirus pandemic could lead to a quicker expansion of sports betting and internet gambling in the U.S. as states deal with huge budget deficits and look for new tax revenue wherever they can find it. Most major sports remain shut down due to the virus, but...
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May 01, 2020 - 1:12 pm
NEW YORK (AP) — An Israeli bank and its Swiss subsidiary agreed to pay over $30 million for their role in conspiring to launder more than $20 million in kickbacks to soccer officials, becoming the first financial institutions implicated in the FIFA scandal to reach a resolution with U.S...
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FILE - In this June 5, 2019, file photo, Carolina Panthers owner David Tepper, left, looks on as South Carolina Gov. Henry McMaster, right, gives a thumbs up during a ceremony in Rock Hill, S.C., where the Panthers are planning on building a team facility with practice fields in the area. A county in South Carolina has approved a deal loaded with tax breaks for the Carolina Panthers to move their headquarters and practice site to their city. News outlets report the York County Council approved the deal in a 4-3 vote after listening to public comments during their virtual meeting on Monday, April 20, 2020. (AP Photo/Chuck Burton, File)
April 23, 2020 - 3:32 pm
ROCK HILL, S.C. (AP) — A county in South Carolina approved a deal loaded with tax breaks for the Carolina Panthers to move their headquarters and practice site. The York County Council approved the deal in a 4-3 vote after listening to public comments during their virtual meeting on Monday, news...
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In this Nov. 18, 2019, photo, Sportsbook shift manager Stuart Norsell, right, assists a patron, left, in the sports betting area of Twin River Casino in Lincoln, R.I. Legalized sports betting's rapid march across the U.S. could face some bigger tests in 2020. Less than two years after a U.S. Supreme Court ruling opened the door to sportsbooks outside Nevada, they have been legalized in states that are home to about one-third of the nation's population. (AP Photo/Steven Senne)
December 18, 2019 - 3:19 pm
LINCOLN, R.I. (AP) — The line for the ticket windows at a Rhode Island casino's sportsbook stretched to the door on one afternoon last month: Gamblers were cashing in their winnings from betting on the victorious New England Patriots the day before and placing new wagers for that night. “This...
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FILE--In this Friday, April 12, 2019, file photograph, Colorado Rep. Alec Garnett, D-Denver, speaks during a ceremony in the State Capitol in Denver. Garnett is co-sponsoring a proposal in the Legislature to dedicate a limited revenue stream from legalized sports betting to a state water conservation plan. Before that, though, voters will cast ballots Tuesday, Nov. 5, on whether to legalize sports betting in the state and tax the revenues to help conserve water. (AP Photo/David Zalubowski, File)
November 06, 2019 - 4:54 pm
DENVER (AP) — Colorado became the 19th U.S. state to legalize some form of sports betting as election officials tallied Wednesday a surprisingly close vote in which ballots for the measure narrowly surpassed "no" votes. More than 1.3 million Coloradans voted Tuesday on Proposition DD, a bipartisan...
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In this Sept. 4, 2019 photo, Andy Lanni of Oceanview, N.J. checks the odds at the sports book in the Borgata casino in Atlantic City, N.J. As the second NFL season begins following a U.S. Supreme Court decision clearing the way for legal sports betting, the industry is growing larger and ever-more mobile in the U.S. (AP Photo/Wayne Parry)
September 04, 2019 - 6:09 pm
ATLANTIC CITY, N.J. (AP) — As the second NFL season following a U.S. Supreme Court ruling clearing the way for legal sports betting begins, the industry is growing larger and ever-more mobile. Some unmistakable trends have emerged. The extra money that taxing sports bets generates has not exactly...
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The status of sports betting in each state.;
August 28, 2019 - 4:00 pm
INDIANAPOLIS (AP) — Sports betting is days away from becoming legal in Indiana and the state's casinos are lining up to start collecting wagers. Indiana will become the 12th state — and the first in the midst of major Midwest markets — with sports betting when a new state law takes effect Sunday...
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This June 28, 2019 photo shows "money girls" walking alongside a float for the Hard Rock casino in Atlantic City N.J. a year after it opened. Extra money from sports betting helped New Jersey's casinos and racetracks win nearly $284 million in June, up 21.5 percent from a year ago. (AP Photo/Wayne Parry)
July 12, 2019 - 4:12 pm
ATLANTIC CITY, N.J. (AP) — New Jersey gamblers plunked down more than $3 billion on sports in the first full year that it became legal, helping the state challenge Nevada for the nationwide lead in the fast-growing industry. Figures released Friday by the state Division of Gaming Enforcement show...
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The status of sports betting in each state. ;
June 24, 2019 - 1:58 pm
CHERRY HILL, N.J. (AP) — In a story June 23 about regional differences in sports betting legalization, The Associated Press reported erroneously that sports betting has been legalized in two states in the Deep South. It has been legalized in only one Deep South state, Mississippi. The story...
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FILE - In this July 10, 2018 file photo, New Carolina Panthers owner David Tepper answers a question during a news conference at Bank of America Stadium in Charlotte, N.C. The South Carolina Senate appears to be preparing for a key vote on whether to give the Carolina Panthers tax breaks and incentives to move their practice fields out of South Carolina. State Sen. Dick Harpootlian removed his objection on the bill Tuesday, May 7, 2019, so it could come to a vote. (AP Photo/Chuck Burton, File)
May 20, 2019 - 5:01 pm
COLUMBIA, S.C. (AP) — South Carolina is getting ready to offer the Carolina Panthers around $120 million in tax breaks to move practice fields and the team's headquarters to the state from North Carolina. Both the South Carolina House and Senate approved the final version of the tax break bill...
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