Sen Cortez Masto Introduces Bipartisan Bill To Eliminate Federal Taxes On Sports Betting
Today, U.S Senator Catherine Cortez Masto (D-NV) and Senator Cindy Hyde-Smith (R-Miss) introduced the Withdrawing Arduous Gaming Excise Rates (WAGER) Act, bipartisan legislation to eliminate federal taxes on sports betting. The WAGER act would specifically exempt legal sports betting from outdated “handle” and “head” established more than 70 years ago....