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2 billion in such duties in 2018 alongside around 5 million in total revenues. Ample amount:The news service reported that the IRS now looks set to start defining these admission payments as sportsbetting wagers, which means that firms such as FanDuel Group and DraftKings Incorporated could see each entry fee subjected to a maximum 2% excise tax alongside an annual 0 charge for every person processing such transactions. Considerable online casino blackjack surrenderconsequences:Kate Lowenhar-Fisher from the Nevada law firm of Dickinson Wright reportedly told Bloomberg that such a state of affairs could be ‘potentially business-destroying’ in some jurisdictions as it would equate to a hefty 20% tax on revenues. Online Casino The lawyer purportedly detailed that daily fantasy sports operators could furthermore be hit with late payment penalties for taxes they didn’t previously pay. Online Casino Lowenhar-Fisher reportedly told the news service…“This is one of the most significant events in the evolution of sportsbetting in the United States that has happened in a long time.

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