Forbes contributors publish independent expert analyses and insights. Andrew Leahey is an attorney and law professor that covers tax. This voice experience is generated by AI. Learn more. This voice ...
The lead plaintiff says the futures markets provided by the New York-based company are nothing more than unregulated and unlicensed gambling. LOUISVILLE (CN) — “Futures contracts” offered by Kalshi on ...
Americans love winners. They love learning about those who gamble and succeed — such as Edwin Castro, who last year won a $2 billion Powerball jackpot. Intoxicated with the prospects of winning, ...
In the latest round of legal maneuvers involving prediction market firms, a group of Kentucky residents has filed a federal class-action lawsuit against Kalshi. Lawyers filed the class-action suit on ...
A pair of academics recently teamed up on a study arguing against restoring the law that allowed 100% tax deductions for gambling losses. In fact, the professors believe there should be no gambling ...
The high-stakes world of professional poker players is getting a shake-up. According to CNBC, some of the game's most successful players say a new tax rule is making their careers increasingly hard to ...
This article was co-authored by Mirit Eyalthe, the Joseph D. Peeler Professor of Law at the University of Alabama School of Law, and Jay A. Soled, a Distinguished Professor of Taxation at Rutgers ...
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