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Donald Trump · Las VegasBy Jeremy Herb, CNN (CNN) — Professional poker players and sports bettors, and a handful of members of Congress, are demanding a change to the massive tax and spending bill President Donald Trump signed into law last week, arguing that a provision tucked into the measure late in the legislative process unfairly taxes gamblers on “phantom” winnings. The new legislation changed the way gamblers deduct their losses on their taxes. Currently, gambli…See the Story
Why an Obscure Provision in Trump’s Big Agenda Bill Has Gamblers Crying Foul | News Channel 3-12
44% Center coverage: 16 sources
Donald Trump · United StatesPrediction markets provider Polymarket is free of U.S. investigations after the Department of Justice and Commodity Futures Trading Commission told Polymarket they had wrapped up their inquiries.Both the DOJ and CFTC notified Polymarket recently, an individual familiar with the matter told CoinDesk. Bloomberg first reported the news earlier on Tuesday.The DOJ was investigating Polymarket last year, reportedly for allowing U.S. users to place bet…See the Story
U.S. Prosecutors, CFTC Drop Polymarket Investigations
45% Center coverage: 9 sources
Toronto, ON · TorontoTORONTO, July 14, 2025 (GLOBE NEWSWIRE) -- Rivalry Corp. (the “Company” or “Rivalry”) (TSXV: RVLY), an internationally regulated sports betting and media company, today announced financial results for the three-month period ended March 31, 2025 (“Q1 2025”). All dollar figures…See the Story
Rivalry Reports Q1 2025 Results Highlighting Strengthened Unit Economics, Operating Leverage, ...
67% Left coverage: 9 sources
Sports Wagering Was up Nearly Ten Percent in Last Fiscal Year
Senate Republicans block attempt to roll back massive tax hike on professional gamblers
56% Left coverage: 9 sources
