News
What to know about IRS changes to slot jackpot reporting for 2026
Olivia Richman
The IRS recently raised the minimum threshold amount for reporting slot jackpot as part of the One Big Beautiful Bill Act (OBBBA), and it will directly impact many betting winners across the US when they file their 2026 taxes. Starting on January 1, 2026, players in the United States won’t need to report slot jackpot winnings that are under $2,000. According to the IRS, the amount has been adjusted to …
As sweepstakes gaming growth continues, 3 US states pull back
Khizar Mundia
News
The United States is seeing a significant growth in sweepstakes casinos, but despite or in part informed by that, multiple US states are trying to ban or restrict sweeps. The legalization of online casinos is helping many states to increase spending potential through local tax revenues, bettering state economies and creating new opportunities for community development. Despite the financial benefits of online casinos spaces including sweeps, several US states are …