CDC Gaming Reports: Bipartisan bill introduced to end federal sports betting excise tax
The co-chairs of the Congressional Gaming Caucus introduced bipartisan legislation Friday that would repeal a 0.25% federal excise tax – often referred to as the “handle tax” – that is placed on most legal sports bets, Representatives Dina Titus, D-Nevada, and Guy Reschenthaler, R-Pennsylvania, said the tax hurts the nation’s expanding legal sports betting…