28 SepRegulation
Tax professors urge IRS to clarify US prediction market taxation
Tax professors warn that uncertain taxation of prediction market gains could favour prediction platforms over traditional sportsbooks.
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September 2026
August 2026
14 AugRegulation
IRS advises Americans to use state-licensed betting platforms
The advice directs gamblers towards state-licensed platforms amid competing federal and state regulatory frameworks.
July 2026
28 JulRegulation
IRS hears objections to gambling loss deduction limit
The deduction limit could leave gamblers with tax liabilities despite losses offsetting their winnings.
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