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In the United States and prominent daily fantasy sports operators FanDuel Group and DraftKings Incorporated could reportedly be in trouble after the Internal Revenue Service (IRS) ruled that such firms are to be required to pay federal excise tax on their entry fees.”The exciting MegaWays engine, which is under license from Big Time Gaming, creates added functionality and a variety of ways to win on every spin. The domestic industry as a whole purportedly generated about ....


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One of the UK’s best-known operafree slot games highway kings iecztors, the virtual casino boasts an impressive customer base, many of whom find the brand’s football sponsorship portfolio a major draw. The lawyer purportedly detailed that daily fantasy sports operators could furthermore be hit with late payment penalties for taxes they didn’t previously pay.”Partnership perks:Red32 has also joined the supplier’s Daily Drop Jackpots Network, which allows it to offer the studio’s exciting daily and hourly jackpots to players....


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eveloper Red Tiger Gaming has put pen to paper for the third time this month, adding popular online casino brand 32Red to its growing list of partners.“We are excited by the opportunities this agreement presents and look forward to working alongside their team in the months to come.”Partnership perks:Red32 has also joined the supplier’s Daily Drop Jackpots Network, which allows it to offer the studio’s exciting daily and hourly jackpots to players....


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Considerable consequences:Kate Lowenhar-Fisher from the Nevada law firm of Dickinson Wright reportedly told Bloomberg that such a state of affairs could be ‘potentially business-destroying’ in some jurisdictions as it would equate to a hefty 20% tax on revenues.According to a Friday report from the Bloomberg news service, the decision was revealed via an internal memo from the federal authority and could result in the two daily fantasy sports behemoths becoming liable for millions of dollars in unpaid taxes and late payment fees. The lawyer purportedly detailed that daily fantasy sports operators could furthermore be hit with late payment penalties for taxes they didn’t previously pay....