New York Passes 0M In Sports Betting Taxes

New York Governor Kathy Hochul announced July 8 that in under six months of operation, New York’s mobile sports wagering has generated more than $302 million in tax revenue since January 8, 2022. New York has collected more in mobile sports wagering revenue in six months than the total sportsContinue Reading

Nevada: Several major real estate deals including Strip casinos reportedly resulted in lost transfer taxes due to 2007 law change

Some of Las Vegas’ biggest real estate deals have resulted in no transfer taxes, an investigation by Las Vegas Review-Journal found. At least $27.5 billion worth of transactions, mostly on or near the renowned Strip, have closed since 2007 without publicly reporting tax payments routinely levied on home purchases. The dealsContinue Reading