Nearly 80% of Americans participate in sports betting, but how to report taxes after winning money? Most people have no idea.

Sports betting has become a national entertainment activity—March Madness is one of the most significant moments of the year for both casual and loyal bettors.A recent national survey by DIY tax software provider TaxAct shows that 79% of Americans have already or plan to engage in sports betting, in

29like·0comment

#sportsbetting

Soft2Bet Acquires Naming Rights, Three Major Danish Football Leagues Debut with New Names

BetMGM signs first exclusive women's sports betting partnership with WNBA's Las Vegas Aces.

SCCG Management collaborates with FLI Golf to promote disc golf leagues entering the gambling and tribal markets.

Fanatics Sportsbook Becomes Main Sponsor of JJ Yeley's NASCAR No. 44 Car, Debuts at Nashville and Phoenix Grand Prix

ToonieBet Sports Betting App Launches on App Store and Google Play, Deepening Localization Strategy in Ontario

DraftKings' revenue for the first quarter of 2025 increased by 20%, reaching $1.41 billion.

Kaizen Gaming's Betano partners with Argentina's River Plate Athletic Club to become the front jersey sponsor of the players.

Nearly 80% of Americans participate in sports betting, but how to report taxes after winning money? Most people have no idea.

Mobile Streams launches new online casino and sports betting brand Estadio Gana in Mexico

New Jersey Cracks Down on Kalshi’s March Madness Wagers

NetBet will become the official sports betting partner of UFC in Europe.

OddsMatrix boosts sports betting offering with partnership with US micro-markets provider nVenue.

Nevada Issues Cease & Desist Letter to Kalshi

Lawmakers Attempt Federal Betting Tax Repeal

SBC Summit Americas maintains its focus on the USA and LatAm with specific agendas for each region.

Stats Perform secures streaming and data for FIVB to bets in a 10-year deal with Volleyball World

Soft2Bet Acquires Naming Rights, Three Major Danish Football Leagues Debut with New Names

BetMGM signs first exclusive women's sports betting partnership with WNBA's Las Vegas Aces.

SCCG Management collaborates with FLI Golf to promote disc golf leagues entering the gambling and tribal markets.

Fanatics Sportsbook Becomes Main Sponsor of JJ Yeley's NASCAR No. 44 Car, Debuts at Nashville and Phoenix Grand Prix

ToonieBet Sports Betting App Launches on App Store and Google Play, Deepening Localization Strategy in Ontario

DraftKings' revenue for the first quarter of 2025 increased by 20%, reaching $1.41 billion.

Kaizen Gaming's Betano partners with Argentina's River Plate Athletic Club to become the front jersey sponsor of the players.

Nearly 80% of Americans participate in sports betting, but how to report taxes after winning money? Most people have no idea.

Mobile Streams launches new online casino and sports betting brand Estadio Gana in Mexico

New Jersey Cracks Down on Kalshi’s March Madness Wagers

NetBet will become the official sports betting partner of UFC in Europe.

OddsMatrix boosts sports betting offering with partnership with US micro-markets provider nVenue.

Nevada Issues Cease & Desist Letter to Kalshi

Lawmakers Attempt Federal Betting Tax Repeal

SBC Summit Americas maintains its focus on the USA and LatAm with specific agendas for each region.

Stats Perform secures streaming and data for FIVB to bets in a 10-year deal with Volleyball World