New Legislation in Congress Aims to Get Rid of Federal Excise Tax on Sports Bets
A bipartisan proposal in Congress aims to eliminate the 0.25% federal excise tax on sports bets An annual charge of $50 per sportsbook employee is also in place Representatives Reschenthaler and Titus were unsuccessful with a similar proposal last year Proponents of getting rid of the tax believe it benefits illegal operators and hinders employment The AGA is in favor of the proposal and believes it will level the playing field for legal operators pgslot
