IRS urges US sports bettors to use regulated sportsbooks
The IRS is urging US sports bettors to use state-licensed sportsbooks during football season, Criminal Investigation Chief Guy Ficco said. He warned that bettors using unregulated sites could face risks to their funds, withdrawals and personal information, and said taxpayers must report gambling winnings from legal and illegal play.
The warning highlights potential payment and identity risks for customers using unregulated sportsbooks and casinos.