Proposed Legislative Changes to Enhance Service Member Welfare A member of the U.S. Congress has taken a significant step by proposing an amendment to the National Defense Authorization Act (NDAA), aiming to eliminate slot machines from military bases. The initiative, led by Rep. Paul Tonko from New York’s 20th district, targets the reduction of gambling […]
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Illinois Senate Approves Progressive Tax Structure for Sports Betting
The Illinois Senate has voted in favor of a new bill that restructures the tax system for sports betting operators within the state. Passed with a vote of 37-22, the bill, known as HB 4951, introduces a progressive tax scale based on the adjusted gross revenue (AGR) of sports betting companies. This significant shift in […]