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Are Gambling Winnings Taxable in the US?

Are Gambling Winnings Taxable?

It’s an unfortunate truth that you have to pay taxes on almost everything including gambling winnings. So, if you want to avoid a visit from the IRS, then we’ve got the perfect guide for you. Any windfalls you land on table games, slots, or the lottery, are subject to federal income taxes and those of […]

How Much Money Can You Cash Out at a Casino?

Cashing Out At A Casino

You are able to cash out the full amount you’ve won while playing whichever casino game. But, there are terms and conditions that come with cashing out at a casino. Each casino is different, and therefore the cash out policies at the different casinos may differ. It’s your responsibility to find out exactly what those […]

Can You Gamble with Real Money Online?

Gamble with Real Money

The short and sweet answer to this question is yes! You can gamble with real money online, how great is that? Playing casino games at a casino venue or a land-based casino has always been a great form of entertainment. But more than that, it’s also a great way to make money while having fun. […]

How do you pay at a casino?

Making payments at a casino is a relatively easy thing to do. Cash deposits are required for real money games at online casinos as well as land-based casinos. And, to cater to the banking preferences of all players, casinos usually have a few deposit and withdrawal methods for you to choose from. How seamless the […]

Casino Stocks in Las Vegas Drop due to Coronavirus

Las Vegas Coronavirus

Casino stocks in Las Vegas gambling operators are dropping sharply since the Coronavirus outbreak. The irony is that the gambling mecca is not a RedZone for COVID-19. The virus outbreak is having a snowball effect on the casinos in Las Vegas financially. How? Firstly, people may be paranoid about being out in crowded spaces, so […]

Atlantic City Casino Revenues Increase by 23%

The impressive 23% Atlantic City casino revenue increase has made headline in the US gambling industry. The 23% has proofed that the industry in Atlantic City has started the year on the right foot. The gambling-friendly city extended its streak of gaming revenue increase to a whopping 20 consecutive months in January. January is the […]

Revenue Decrease for Connecticut Tribal Casinos

Connecticut Tribal Casinos Revenue Drop

Connecticut’s two tribal casinos are failing to keep up with the competition. The two casinos in the state of Connecticut have reported a decrease in revenue over the past year. On the 31st of December 2019, a financial report was released for the Foxwoods resort casino and the Mohegan Sun casino. The growth reported over […]

Third Year of Growth for Atlantic City Casinos

Atlantic City Casinos Revenue

Atlantic City Casinos have altogether recorded a consecutive third year of growth in revenue. The nine casinos in Atlantic City combined have generated almost $225 million from slot machines and table games. These figures span from November 2018 to November this year. Not only has the year on year growth of these US casinos in […]

NJ Gambling Revenue Projected to Reach US$500million

NJ Gambling Revenue

NJ gambling revenue has been on a rise since online gambling was legalised in the state. If ever there was the perfect marketing of the pros of legalizing New Jersey is it. Month on month the gambling revenues from the local; operators have been reaching record highs and surpassing those highs. New figures have been […]

NJ Online Gambling Industry Surpasses Revenue Record Again


New Jersey online casinos as a collective industry have again made record revenue numbers. Earlier this year, in March, record revenues were generated in the industry since it was fully legalized. This month of July, the state collected just over to $53 million, which is over 32% more than what was generated in March. The […]

Pennsylvania Gaming Industry Shows Growth

Pennsylvania Gaming

Pennsylvania is on track to becoming an even richer gaming state. According to new financial records on the 2018/19 financial year, Pennsylvania gaming revenue made $3.3 billion. The gross income from wagering on sports garnered $21.7 million, online fantasy sports matches generated $23.5 million, and land-based casinos with table games created to winnings of $885.5 […]

Record Revenue Earned by New Jersey’s Online Gambling Market


The legal online gambling industry in New Jersey has made record profits in March. Compared to the same period last year, online gambling operators made 53% more.  According to the New Jersey Division of Gaming Enforcement (DGE), there was over $39.1 million that was generated over the month of March. March’s revenue is also over […]

New Owner of Ocean Resorts Casino a Mystery

Ocean Resorts Casino Atlantic City Bought by mystery new owner

Ocean Resorts Casino in Atlantic City has reportedly been sold to a new owner. The announcement was made earlier in January. However, at this time, it is not known who the new owner of the casino property is. The current owner of the property is selling it less than six months after he reopened the […]

Atlantic City has Good Year in 2018, Best Since 2013

Atlantic City has best year since 2013 in 2018

Atlantic City has once again had a good year in 2018. New Jersey’s casino city finished off the year on a high note, with Gross Gambling Revenue (GGR) increasing nearly 20% compared to December 2017. With the strong performance in December, Atlantic City was able to win more than $2.85 billion from its nine casinos, […]

MGM Resorts and Caesars Entertainment Still Considering Merger

MGM Resorts and Caesars Entertainment in merger talks

Reports are emerging that MGM Resorts and Caesars Entertainment are continuing their talks for a potential merger between the two massive casino firms. Sources close to both companies have said that while talks are ongoing, there has been no formal offer placed on the table. However, MGM is apparently taking the potential merger seriously and […]

The $1.6 Billion Mega Millions Jackpot Has Been Won

Mega Millions $1.6 billion jackpot won

The record-breaking $1.6 billion Mega Millions lottery jackpot has officially been won! There was just one winning ticket, which was bought by someone from South Carolina. The laws in South Carolina allow winners to remain anonymous, so it’s unlikely we will find out who won. The final official total of the jackpot came to $1.537 […]

Mega Millions Jackpot Largest in History

Mega Millions Lottery Jackpot hits $1.6 billion

The Mega Millions lottery jackpot currently sits at a staggering $1.6 billion, which makes it the largest jackpot in history. This comes after no one managed to pick all six numbers correctly, following Friday’s draw. Even before Friday’s draw, the jackpot was the largest it had ever been for the Mega Millions lottery. However, officials […]

FanDuel & DraftKings Dominating New Jersey Sports Betting

FanDuel and DraftKings dominate New Jersey Sports Betting

October 15th marks three months since the sports betting market kicked off in New Jersey. Now that the market has had some time to develop, meaningful data is being released. Recently, the New Jersey Division of Gaming Enforcement (DGE) released its latest set of data and sports betting is really starting to dominate the market. […]