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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 exciting MegaWays engine, which is under license from Big Time Gaming, creates added functionality and a variety of ways to win on every spin.”Litigious lifeline:However, Bloomberg reported that the IRS’ latest stance on daily fantasy sports is at odds with the 2007 ruling from the United States District Court for the District of New Jersey in the matter of Humphrey v Viacom....

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Ample amount:The news service reported that the IRS now looks set to start defining these admission payments as sportsbetting wagers, which means that firms such as FanDuel Group and DraftKings Incorporated could see each entry fee subjected to a maximum 2% excise tax alongside an annual 0 charge for every person processing such transactions.“Red Tiger is a tier one provider with a track-record of popularity among a wide variety of audiences.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....