Day: April 30, 2024
North Carolina Gov. Roy Cooper Supports Tax Deductions for Gambling Losses
North Carolina Gov. Roy Cooper (D) supports amending the state’s tax code to permit itemized filers to deduct certain losses from gambling. North Carolina Gov. Roy Cooper thinks sports bettors should be allowed to deduct their wagering losses against their wins to lessen their state tax liability. Online sports betting began in North Carolina in…
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Texas Destination Casino Proposals Find Support Among Diverse Groups: Survey
Destination resort casinos are backed by many demographic groups in Texas, but there’s somewhat less support for sports betting, according to a new survey. The Texas Capitol, pictured above. A new survey indicates support for the state to enact legislation that would pave the way for resort casinos. (Image: Visit Austin) Sponsored by the Texas…
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