July 9, 2025
(FLTR, DKNG, MGM, CZR, LVS, WYNN) Expect 100% Gambling Deduction to be Restored
We believe legislation to take the 90% gambling loss deduction back to 100% is ultimately likely to become law, but finding a legislative vehicle this year may not be easy. Should enactment leak into next…
June 16, 2025
(FLTR, DKNG, MGM, CZR) Sports Gambling Update: Risks Remain
In light of the weighty sports betting tax hike in Illinois over the weekend and the modest increase in Maryland last week, investors should continue to expect tax hikes in various states offset at times…
March 7, 2025
(FLTR, DKNG, MGM, CZR) Sports Betting Update
Sports betting companies such as FLTR, DKNG, MGM and CZR received negative news today when legislation to legalize sports gambling was killed in Georgia. In addition, there is the risk of tax hikes on these…